Surety Underwriter

Allianz Italia; Milano; In loco; EUR 50.000 - 70.000; Tempo pieno

Descrizione del lavoro

A leading insurance company based in Milan seeks an Associate to develop and execute underwriting strategies for the Constructors and Corporate Client risks in the Italian market. The ideal candidate will have a Master's degree in Economics and 3-5 years' experience in profitable Surety underwriting. Strong leadership skills and fluency in English are essential for liaising effectively within an international organization.

Competenze

• 3-5 years of experience in underwriting profitable Surety for corporate clients.
• Expertise in risk assessment and policy administration life cycle.
• Experience in driving underwriting projects and balance sheet analysis.

Mansioni

• Ensure compliance with underwriting authority and pricing guidelines.
• Steer and control the local portfolio to achieve financial targets.
• Liaise with functional areas to review performance of underwriting life cycle.

Conoscenze

Leadership skills

Risk assessment

Data analytics

Pricing knowledge

Market analysis

Fluent in English

Office 365 proficiency

Formazione

Master's degree in Economics

Descrizione del lavoro

Overview

Based in Milan and reporting to the Surety Team, you will be in charge of developing and executing the strategy for the Constructors and Corporate Client 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.

Key Responsibilities

• Ensure underwriters comply with underwriting authority, pricing and rating guidelines
• Steer and control the portfolio at local level 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, Engineering, 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
• Support the acquisition of new business and retention of existing business (including agent and broker negotiations)
• Communicate local business strategy externally

Key Requirements/Skills/Experience

• Master\'s degree in Economics
• At least 3 to 5 years\' proven experience in underwriting profitable Surety for corporate clients and constructors.
• 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 balance sheet analysis
• Ideally experience in driving underwriting projects
• Able to work in an international organization
• Fluent in English (both written and spoken)
• Data analytics
• Very good knowledge in Office 365 and other collaborative tools

About Allianz

Allianz Group is one of the most trusted insurance and asset management companies in the world. 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.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of 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.

Join us. Let\'s care for tomorrow.

Both genders may apply in accordance with the L. 903/77 (s.m.i).

Seniority

• Associate

Employment type

• Full-time

Job function

• Other

Industries

• Insurance