Senior Liability Underwriter, Allianz

Allianz

Location:
Italy, Milan

Category:
Insurance

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

Based in Milan and reporting to the Liability Team, you will be in charge of developing and executing the strategy for the Liability & Environmental Impairment Liability risks into the Italian market. With strong ties to the Group, you will also support the local strategy to ensure the successful achievement of the Allianz Mid Corporate targets. You will be also the contact person for agents and/or brokers working with the Liability team.

Job Responsibility:

Ensure underwriters comply with underwriting authority, pricing and rating guidelines
Steer and control the portfolio at local level in conjunction with the Head of Liability to drive the achievement of financial targets
Proactively liaise with functional areas to review performance of end to end underwriting life cycle
Work closely with Sales departments, Risk Consulting, Claims and other product lines to achieve key marketing strategies, including cross-selling
Ensure underwriting consistency and underwriting discipline and adherence to all corporate guidelines and authority levels, including Rules and Principles, Underwriting Authorities, corporate governance rules and local regulatory framework
Proactively support the development and implementation of new and/or modified products
Support the acquisition of new business and retention of existing business (including agent and broker negotiations)
Communicate local business strategy externally

Requirements:

Master's degree in Law or Economics
At least 5 years' proven experience in underwriting profitable Liability business for corporate clients
Preference if also experienced in PI / Cyber Risks / Legal Expenses
Proven leadership skills
Expertise in risk assessment and a firm understanding of policy administration life cycle
Sound knowledge of pricing, together with strong market analysis skills
Ideally experience in designing, developing, and implementing consistent and robust wordings
Ideally experience in driving underwriting projects
Entrepreneurial mindset
Strong communication skills
Able to work in an international organization
Fluent in English (both written and spoken)
Very good knowledge in Office 365 and other collaborative tools

Nice to have:

Preference if also experienced in PI / Cyber Risks / Legal Expenses
Ideally experience in designing, developing, and implementing consistent and robust wordings
Ideally experience in driving underwriting projects

What we offer:

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

Additional Information:

Job Posted:
May 03, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Senior Liability Underwriter