Allianz is a global leader in insurance and asset management, serving over 122 million customers in more than 70 countries. As one of the world's largest financial services providers, the company operates across diverse sectors including property-casualty insurance, life and health insurance, and asset management through major brands like PIMCO and Allianz Global Investors. In Spain, Allianz maintains a robust presence with major hubs in Madrid and Barcelona, supporting both local market operations and global service centers like Allianz Technology. The company is a significant employer for international professionals, particularly in tech-heavy roles such as AI, cybersecurity, and SAP engineering, offering a multicultural environment where English is often the primary working language for global functions.

Founded in Berlin in 1890, Allianz moved its headquarters to Munich after WWII. It has grown through international expansion and strategic acquisitions to become one of the most valuable insurance brands in the world.

Regional Head of Financial Lines Iberia

Allianz

Requirements

What You'll Bring to the Role
7-10 years of experience underwriting profitable business in the Financial Lines segment of large corporate international insurance.
Experience in leadership and development of direct teams and within complex global matrix environments.
Specialized understanding of regional/national Financial Lines insurance markets and competitor landscape.
Well recognized relationship building with brokers at peer group level and a well-established presence within the local market.
Ability to negotiate effectively, achieving the best outcome for your portfolio while maintaining positive business relationships with your clients and brokers.
Excellent communication and presentation skills, with the ability to persuade and motivate others to act.
Ability to leverage data and analytics to make business more efficient and effective. Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.
Expert understanding of the legal and regulatory framework.
Fluent in English and Spanish skills.
98937 | Underwriting | Management | Allianz Commercial | Full-Time | Permanent

Benefits

Let's care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.
Let's care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.
Let's care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
Let's care for life's twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.
Let's care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.
Care to join us?
Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.
Learn more about careers at Allianz Commercial by clicking here.
Learn more about Allianz Commercial by clicking here.
At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.
We therefore welcome applications regardless of ethnicity or cultural background, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Join us. Let's care for tomorrow.
People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com
Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.
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Original Advert

Allianz Commercial offers a suite of Financial Lines insurance solutions specifically designed to address the liabilities of companies, managers and professionals in today's increasingly litigious and demanding business world. From specialist centers across the globe, we provide Financial Lines insurance for companies ranging from multi-nationals to smaller businesses - including a range of specialist solutions for Financial Institutions - and for individual directors and managers. And we pride ourselves on our flexibility, adjusting our underwriting to match the needs of our clients.

As part of this global network, the Iberia region at Allianz Commercial, covering Spain and Portugal, delivers tailored insurance solutions for businesses in these key markets. We are now seeking a Regional Head of Financial Lines Iberia, based in Madrid, to lead and grow our Financial Lines portfolio in this dynamic and strategically important region.

The Impact You Will Have

Reporting to the Managing Director Iberia, you will develop and execute the regional strategy for Financial Lines and proactively support the development of the global strategy. You will manage the regional portfolio and provide leadership to all Financial Lines employees within the region.

Some of your specific responsibilities could include:

Develop and execute the strategy for the Financial Lines portfolio for the Iberia region within the framework of the global strategy for the Line of Business (LoB).
Develop a targeting strategy for new opportunities in the Financial Lines market.
Manage a team of underwriters with different levels of expertise.
Collaborate with relevant internal stakeholders (e.g., Underwriting, Operations, Actuarial, Finance, etc.) to enable the delivery of underwriting targets.
Underwrite large new and renewal accounts to meet top and bottom line targets.
Negotiate participation, pricing, and terms and conditions with brokers.
Underwrite and take referrals in line with the Financial Lines governance framework - e.g., Underwriting Authorities, global MSU, Underwriting Guidelines, Rules, and Principles.
Proactively support the acquisition of new business and retention of existing business.
Positively represent Allianz Commercial externally to the market.

What You'll Bring to the Role

7-10 years of experience underwriting profitable business in the Financial Lines segment of large corporate international insurance.
Experience in leadership and development of direct teams and within complex global matrix environments.
Specialized understanding of regional/national Financial Lines insurance markets and competitor landscape.
Well recognized relationship building with brokers at peer group level and a well-established presence within the local market.
Ability to negotiate effectively, achieving the best outcome for your portfolio while maintaining positive business relationships with your clients and brokers.
Excellent communication and presentation skills, with the ability to persuade and motivate others to act.
Ability to leverage data and analytics to make business more efficient and effective. Expertise in integrating AI into various business functions, enhancing efficiency, and fostering a culture of data-driven innovation is crucial.
Expert understanding of the legal and regulatory framework.
Fluent in English and Spanish skills.

What's in it for you?

Let's care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matters, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.com

Recruitment Agencies:
Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly. Failure to comply could/may result in the disqualification of the candidates and/or the termination of our contract and/or fees not being paid.

#LI-CP1