Product Value Consultant

**About the Role**

Allianz has a fantastic opportunity to join our family of talented people in the 1st line Compliance team as a Product Value Consultant.

Providing value to our customers through the products and services we provide is crucial, not just to meet our regulatory responsibilities, but more importantly to ensure that we meet the reasonable expectations of fair value and good outcomes of our customers.

In order to assist us in achieving this, a new opportunity has arisen in Regulatory Standards for a Product Value Consultant. Working directly with the Product Value Manager, this role has been created to provide additional support in ensuring that customer value is maintained throughout the lifecycle of all of Allianz Commercial’s products, as detailed with our Product Oversight & Governance Standard (POG).

**About You**

You will have experience in a compliance or regulatory role within a regulated Financial Services company with Commercial Insurance knowledge desirable. Compliance or Insurance qualifications are preferred as well as a good knowledge of FCA rules and guidance.

You will have excellent written and verbal communication skills with the ability to explain complex or technical information in a simple way and when required the ability to Influence and negotiate.

You will demonstrate a proactive approach and the ability to build strong relationships with internal stakeholders at all levels and external customers.

You will have the ability to interrogate data, identify trends and articulate your findings in an engaging and easily understandable way.

**The Details**

**Ensuring our provides provide fair value to our customers**:

- Monitor and update as required Allianz Commercials framework of product oversight & governance controls to ensure regulatory compliance and good customer outcomes.
- Interpret regulatory and legal developments to ensure Allianz Commercial continues to meet its regulatory responsibilities in relation to product and customer value.
- Ensure that the product oversight and governance principles that Allianz Commercial must comply with are adhered to.
- Conduct an annual review of the POG Standard to ensure it remains compliant with all regulatory and legislative requirements.
- Co-ordinate and oversee the product review process across Allianz Commercial ensuring a risk prioritised approach in line with internal and external requirements.
- Provide commentary on product analysis following the annual lifecycle reviews to ensure our product suite provides customer value, meets customer needs and removes exposure to any identified customer harm.
- Oversee any corrective actions relating to Commercial products through to resolution.
- Ensure appropriate and timely escalation to 2nd line functions where appropriate.
- Co-ordinate any internal or external reviews and audits in relation to Product Value.
- Support the product walkthrough process to ensure products are communicated appropriately to our customers
- Work across Allianz Commercial to support the ongoing development of a customer value culture.

**Our Benefits**

Recognised and rewarded for a job well done, we have a range of flexible benefits for you to choose from - including: retail discounts and discounted insurance cover - so you can pick a package that’s perfect for you. That’s on top of enjoying all the benefits you’d expect from the world’s number one insurance brand, including:

- 22-27 Days holiday & 1 addition for birthday plus bank holidays
- Competitive Annual Salary
- Enhanced maternity and paternity leave
- Flexible buy/sell holiday options
- Annual company & performance-based bonus
- Generous pension contributions and Life Cover up to 4 x salary
- Flexible working arrangements available
- Professional mental health support for all employees
- Health and Wellbeing
- We can offer fulltime and part time hours
- Development days
- A discount up to 50% on a range of insurance products including car, home and pet
- Retail discounts
- Access to Learning and Development opportunities such as LinkedIn Learning and our mentoring scheme

**About Us**

In the UK, Allianz Insurance employs over 8,000 people up and down the country. The company’s Head Office is situated in Guildford, Surrey, plus we have additional support services with over 1,000 people based in Trivandrum, India.

We offer commercial insurance with a full range of products for sole traders, right up to large commercial organisations. We also provide a range of personal insurances including, home and motor, musical, legal expenses insurance and cover for pets and horses.

We're a global company, but from the very first day you join our team you’ll know that your contributions are valued. We offer world class learning and career development opportunities, while we celebrate an inclusive culture. Find out more about Allianz Insurance.

**Growing your career with Allianz**

We'll provide you with the tools to adapt and cha