Regional Life & Health Product Manager(m/w/x)

# Regional Life & Health Product Manager (m/f/d) in Vienna, Austria **Job Purpose/Role** We are looking for a Regional Life & Health Product Manager to join our CE team. In this role, you will lead and support strategic planning and product development for the Life & Health (L&H) portfolio across the region. You will collaborate with local entities to develop and approve new products, refine product strategy, and provide technical guidance on pricing and underwriting. A strong focus will be placed on monitoring product performance using Life & Health KPIs, while ensuring alignment with IFRS 17 and the Retail Risk Framework. **Key Responsibilities** * Execute the regional strategy for Life & Health (Protection, Health, Life Savings, Unit Linked) and Pension & Asset Management across Central Europe, ensuring alignment with group priorities and local market needs. * Support the regional product approval process, including pricing assumptions, profitability (NBM, VNB), customer value (LR, RiY), and alignment with underwriting and distribution standards. * Develop and implement regional standards for pricing, underwriting, and portfolio steering, leveraging group frameworks and best practices from more mature markets. * Monitor and steer business performance using key KPIs (e.g., PVNBP, CSM, RoE), identify deviations from plan, and initiate corrective actions. * Guide the integration of IFRS 17 and the Retail Risk Framework into product development and portfolio management. * Collaborate with group functions (CLH, ADH, AIM) and act as a key contact for product-related topics across operating entities. * Engage with the L&H as well Pension communities across the region, fostering knowledge sharing and capability development in actuarial, product, and portfolio disciplines. * Support capital-efficient product strategies and manage the transition away from legacy Life portfolios. * Contribute to strategic and financial planning by challenging local plans and aligning regional objectives. **Key Requirements:** * Minimum 5 years’ experience in Life & Health insurance, ideally in product, actuarial, or strategy roles across multiple markets. * Strong knowledge of insurance KPIs (NBM, VNB, RoE) and experience in pricing, underwriting, and performance management. * Familiarity with IFRS 17 and risk governance frameworks. * Excellent stakeholder management, communication, and leadership skills. * Fluent in English; German or a Central European language is a plus. * University degree in actuarial science, finance, economics, or a related field; actuarial qualification or progress toward one is an advantage. * Basic familiarity with available AI tools such as ChatGPT **What We Offer** * A strategic role with visibility and impact across the CE region’s Life & Health business. * An international, collaborative work environment focused on innovation and continuous development. * **For this position we offer a yearly gross salary of at least EUR 90.000 gross (full-time basis). Overpay is possible in case of and depending on appropriate experience, qualifications and commitment.** 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 race, 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. Great to have you on board. Let's care for tomorrow.