Manager/Senior Underwriter - Property

Starr

Lombardia

On-site

EUR 80,000 - 110,000

Full time

11 days ago

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Job summary

Starr Italy is launching its Property line in Milan, aiming to actively underwrite and bind new business in line with its appetite and strategic plans. The Senior Underwriter will market Starr's Property offering to broker partners, evaluate submissions, and negotiate terms to grow a profitable portfolio for the Italian Branch Office.

The role requires 5+ years of Commercial Property underwriting, fluency in Italian and English, and strong analytical, communication, and relationship-building

Qualifications

  • Bachelor's degree in Business, Law, Risk Management, Insurance, or related field.
  • 5+ years underwriting Commercial Property with profitable portfolio.
  • Fluent in Italian and English, written and verbal.
  • Ability to work independently and manage priorities.
  • Strong interpersonal and broker-networking skills.
  • Analytical and problem-solving skills for risk exposures.
  • Proficient in MS Office and underwriting platforms.

Responsibilities

  • Drive marketing and development of Starr's Property with broker partners.
  • Review renewal and new submissions and analyze risk exposures.
  • Prepare quotations and bind risks within authority and guidelines.
  • Develop local policy wordings, endorsements, and underwriting documentation repository.
  • Enhance Starr's Property offering and identify market opportunities.
  • Monitor underwriting performance and portfolio composition against objectives.

Skills

Bilingual Italian/English
Underwriting analysis
Broker relationships
Independent work
Portfolio management

Education

Bachelor's degree in Business/Law/Risk/Insurance

Tools

MS Office
Underwriting platforms

Job description

Starr is a global insurance and investment organisation providing Property and Casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest-expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.

Role Purpose

Following the successful implementation of Starr's Italian branch office in Milan, Starr Italy is now focused on launching its Property line of business, with the aim of actively underwriting and binding new business, effective 31 December 2026.

The Property Underwriting Manager / Senior Underwriter will play a key role in driving the growth of the portfolio by marketing Starr's Property offering to broker partners, evaluating and underwriting submissions, assessing risk exposures, and negotiating terms and conditions. The position will be responsible for providing competitive underwriting solutions and binding business that is consistent with Starr's underwriting appetite and the strategic objectives of the Italian Branch Office.

Key Responsibilities
  • Drive the marketing and development of Starr's Property proposition with broker partners in line with the Italian go-to-market strategy.
  • Review and assess renewal and new business submissions, conducting detailed analyses of risk exposures and underwriting considerations.
  • Prepare and negotiate quotations and bind risks that fall within Starr's underwriting appetite, authority framework, and underwriting guidelines.
  • Develop and maintain a repository of locally compliant policy wordings, endorsements, and underwriting documentation.
  • Enhancing Starr's Property offering, identifying market opportunities, and building a profitable and sustainable portfolio.
  • Portfolio management activities, including monitoring underwriting performance, profitability, and portfolio composition against strategic objectives.

The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.

Qualifications, skills and experience
  • Bachelor's degree in Business, Law, Risk Management, Insurance, or a related discipline (other scientific or technical degrees will also be considered).
  • Minimum of 5 years’ experience underwriting Commercial Property risks, with a proven track record of profitable portfolio development.
  • Fluency in both Italian and English, with excellent written and verbal communication skills.
  • Strong ability to work independently, manage priorities effectively, and exercise sound underwriting judgment.
  • Excellent interpersonal, networking, and business development skills, with the ability to build and maintain strong broker relationships.
  • Collaborative team player with a positive, proactive attitude and a results-oriented mindset.
  • Strong analytical and problem-solving skills, with the ability to assess complex risk exposures and recommend appropriate underwriting solutions.
  • Proficient in Microsoft Office applications and underwriting platforms, with the ability to quickly learn and adapt to new systems and technologies.
  • Highly motivated, entrepreneurial, and capable of contributing to the successful launch and growth of Starr's Branch Office in Italy.
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