Junior Property Underwriter — Milan (Multinational Risks)

Allianz Italia; Lombardia; On-site; EUR 31,000 - 38,000; Full time

Job summary

Allianz Italia, based in Milan, seeks an Underwriting professional to develop and execute strategy for Property & Multinational risks in the Italian market. You will collaborate with the Group and support local strategy to meet Mid Corporate targets and serve as contact for agents/brokers.

You will lead underwriting activities, partner with Sales, Risk Consulting and Claims, and drive product development while ensuring governance and global standards are met.

Qualifications

• Master's degree or equivalent in Engineering, Economics, or Law.
• 1–2 years of proven experience in underwriting profitable Property business for Corporate Clients (PD/BI and Theft).
• Preference for multinational client experience and knowledge in Property.
• Proven leadership skills.
• Expertise in risk assessment and policy administration lifecycle.
• Sound pricing knowledge with strong market analysis.
• Experience in designing, developing, and implementing consistent wordings.
• Experience in driving underwriting projects.
• Entrepreneurial mindset.
• Strong communication skills.
• Ability to work in an international organization.
• Fluent in English (written and spoken).
• Data analytics.
• Very good knowledge of Office 365 and collaboration tools.

Responsibilities

• Ensure underwriters comply with underwriting authority, pricing and rating guidelines.
• Steer and control the portfolio at local level with Head of Property to achieve financial targets.
• Liaise with functional areas to review end-to-end underwriting lifecycle performance.
• Collaborate with Sales, Risk Consulting, Claims and other lines to achieve marketing strategies including cross-selling.
• Ensure underwriting consistency and governance per local rules and authorities.
• Support development/implementation of new or modified products.
• Assist in acquisition of new business and retention of existing business (agent/broker negotiations).
• Communicate local business strategy externally.

Skills

Strong communication skills

Fluent English

Data analytics

Underwriting knowledge

Leadership skills

International collaboration

Education

Master's degree in Engineering or Economics or Law

Tools

Office 365

Job description

Allianz Italia, based in Milan, seeks an Underwriting professional to develop and execute strategy for Property & Multinational risks in the Italian market. You will collaborate with the Group and support local strategy to meet Mid Corporate targets and serve as contact for agents/brokers.

You will lead underwriting activities, partner with Sales, Risk Consulting and Claims, and drive product development while ensuring governance and global standards are met.