Senior Product Contracting Associate

4 weeks ago

Minneapolis, Minnesota, United States Allianz Full time
Job Summary:

We are seeking a highly skilled Senior Product Contracting Associate to join our team at Allianz Life. As a key member of our team, you will be responsible for drafting new or modified product contract forms and reinsurance treaties, ensuring complete, accurate, and legally sound agreements. You will also assist with the filing process, including filing, obtaining, communicating, and maintaining state department of insurance approval of product contract forms and other similar forms. Additionally, you will establish clear and accurate communication with state regulators and internal business partners.

Key Responsibilities:
  • Contract Drafting & Reinsurance:
    • Assist with drafting contract forms and reinsurance documents, including new documents or modifications to existing and other drafting process activities.
  • Legislative Updates & Other Legal Requests:
    • Ensure the compliance of previously filed forms through analysis of legislative updates, identifying the need for new forms or modifications to existing forms.
    • Answer requests for information on past filings.
  • Filing & Process Management:
    • File and obtain timely state approvals of forms, including filing preparation and internal and external/regulator coordination and communication.
    • Drive the team's productivity through proactive process management, including activity tracking and metrics, document retention, and other process-related activities.
Requirements:
  • 2-3 years experience required
  • Knowledge of insurance products, how they work, and the rules and regulations associated with them.
  • JD Required
Preferred Qualifications:
  • 4-5 years experience preferred
  • Experience in insurance product filing or insurance contract drafting.
About Allianz:
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

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