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Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Global Head of Compliance (m/f/d), preferably based in Munich, Germany. Alternatively London or Zürich.

Your Team At Allianz Commercial, we are committed to providing our clients with customer-centric insurance solutions while maintaining the highest ethical standards. We are seeking a highly experienced Global Head of Compliance to join our leadership team and ensure full compliance with all relevant laws, regulations, and internal policies. You will report to the Chief Financial Officer (Board Member) and functionally to the Allianz Group Chief Compliance Officer. You are part of CFO Management Team and lead 8 direct reports, with a total of ~25 employees in the business unit. You collaborate closely with the Legal department.

The Impact You Will Have The Global Head of Compliance will be responsible for overseeing the Compliance framework, managing regulatory risks, and ensuring that the company's policies and practices are aligned with the legal and regulatory environment in the insurance/reinsurance industry. You will work closely with the Business Units, the Board of Management, the governance functions and Group Compliance to create a strong compliance culture across the organization. You will act as a trusted partner to the business and demonstrate your high integrity, personal commitment to ethical practices, transparency, and trustworthiness.

Some of your specific responsibilities could include:

Lead the development, implementation, and maintenance of the company's Compliance Programs to ensure adherence to all applicable insurance laws, regulations, and guidelines in multiple local jurisdictions.
Identify potential compliance risks and implement proactive strategies to mitigate them, including risk assessments, reviews, control assessments and investigations.
Establish and maintain company-wide policies and procedures to promote legal and ethical behaviour and to protect the company's reputation.
Ensure timely reporting and updates to regulators, the Board of Management, the Audit and Risk Committee and Group Compliance.
Develop and manage comprehensive training programs globally to promote a Compliance-oriented mindset across all departments.
Collaborate with Group Compliance on Compliance Programs, projects and developments.
Foster a culture of ethical behaviour and transparency, promoting Compliance with the company's code of conduct and corporate governance standards.
Lead, mentor, and develop the Compliance team, ensuring high performance and professional growth.

What You'll Bring to the Role

The successful candidate will be a strategic and hands-on leader, committed to driving compliance excellence and ensuring the team's success in a complex, regulated environment.
Other competencies will help you succeeding in the role:
Outstanding organizational and communication skills, with the ability to convey complex information clearly and confidently to diverse audiences.
Recognized interpersonal and leadership skills, cultivating trust-based relationships and fostering a collaborative team culture.
Extensive experience in the compliance, audit, legal or governance function within the P&C insurance market, with a deep understanding of the regulatory landscape, market environment, and related processes, in multiple jurisdictions.
In-depth knowledge of insurance laws and regulations, as well as governance and risk management frameworks.
Familiarity with compliance management software, regulatory reporting tools, and data analytics systems to monitor compliance activities and risks.
Proven track records in leading change projects.
Master or PhD in Law (LLM, JD), Economics or Risk Management. Professional certifications in compliance (e.g., Certified Compliance & Ethics Professional (CCEP), Certified Insurance Compliance Professional (CICP), or similar) are highly desirable.
Fluent in English; an additional language will be beneficial (German, French, Spanish).

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 Allianz Group brand serving the world's largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations' economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

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.

Global Head of Compliance (m/f/d)

Global Head of Compliance (m/f/d)

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