Underwriter Professional Indemnity

Sompo; Milano; In loco; EUR 80.000 - 120.000; Tempo pieno

Vantaggi offerti da questo lavoro

Health & Wellness

Retirement Plans

Parental Leave

Employee Assistance

Tuition & Qualifications

Descrizione del lavoro

Sompo International seeks an Underwriter Professional Indemnity for the Italy Financial Lines team, based in Milan. This role focuses on growing client and broker relationships while ensuring compliance with underwriting strategy and local market developments.

You will analyze submissions, terms, and conditions, and contribute to profitable growth in line with regional expectations, acting as a company ambassador in the market.

Competenze

• 5+ years of PI underwriting experience in Italy.
• Deep technical knowledge of Professional Indemnity exposures.
• Strong expertise in international Large Corporate risks underwriting.
• Excellent client and broker relationship skills.
• Willingness to travel internationally.

Mansioni

• Contribute to growth and profitability by actively sourcing submissions.
• Analyze questionnaires, submissions, policy wordings, and technical reports to assess exposures.
• Analyze underwriting information and ensure terms are aligned with underwriting strategy.
• Meet and negotiate with clients and brokers to develop new and renewal business.
• Develop, launch and maintain Italian PI product versions and watch market developments.
• Ensure underwriting document filings and data accuracy for accounts.
• Interact with internal and external stakeholders to support business needs.
• Contribute to European strategy and appetite for the Italian market.

Conoscenze

PI underwriting

Italy PI exposures

Large corporate underwriting

Relationship building

Communication

Descrizione del lavoro

Are you looking for your next opportunity?

Sompo has a unique opportunity for an Underwriter Professional Indemnity in our Financial Lines team Italy.

This role will work closely with the Italy Financial Lines Manager as well as the Continental Europe Head of Professional Indemnity, focusing on the development and expansion of our client and broker relationships, as well as supporting for the acceleration of profitable growth and retention in achieving profitability targets, in line with our local, regional and global strategies.

Additionally, the role will require acting as a company ambassador in the marketplace and with other external stakeholders, seeking to develop and maintain relationships with these key constituents and influencers.

Location: This position will be based out of our Milan office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our Business, Your Impact, Our Opportunity

What you’ll be doing:

• Contribute to the growth and profitability of Sompo International Professional Indemnity portfolio by actively sourcing submissions
• Analyze questionnaires, submissions, policy wordings, technical reports to assess exposures
• Analyze underwriting information and ensure appropriate terms and conditions are secured in line with the Sompo Professional Indemnity Underwriting Strategy
• Meet and negotiate with clients and brokers to build relationships and to develop new and renewal business
• Contribute to building a well-diversified and balanced book in terms of risk profile and segmentation
• Perform contract negotiation, attend and travel to client meetings, presentations to customers and conduct underwriting reviews
• Develop, launch and maintain local language Professional Indemnity product versions for the Italian market, watch local market and products developments
• Be responsible for underwriting document filings, accuracy of data entries to systems and contract integrity for accounts underwritten
• Effectively interact, communicate and negotiate with all levels of external and/or internal business partners (such as Distribution, Claims, Risk Engineering)
• Support marketing efforts, creating high quality, original solutions to enhance the reputation and market presence of Sompo International
• Focus on other value-added projects, developments, and activities, as required
• Contribute to adapt and focus the general European regional strategy and appetite structure to the specific needs and opportunities of the Italian scenario

What You’ll Bring

• 5+ years of experience working in underwriting position in Professional Indemnity in Italy; wider experience is a plus
• Deep technical knowledge of Professional Indemnity exposures
• Strong expertise in international Large Corporate risks underwriting
• Good network within the Italian broker and inhouse risk manager Community
• Strong interpersonal and communication skills
• The highest levels of integrity
• Team player
• Good understanding of economic relationships, business models in the insurance industry and knowledge of strategy development
• Recognizes opportunities and approaches new trends with an entrepreneurial mindset
• Good understanding of the insurance regulatory environment in Italy and its influence in business development, underwriting and claims management strategies
• Naturally connects and builds strong relationships with others, demonstrating strong emotional intelligence and an ability to communicate clearly and persuasively
• Language skills: Italian, English any other European language is a plus
• Willingness to travel internationally as required

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Below is a summary of some of the benefits we offer, which may vary depending on the country:

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Who We Are And What We Stand For

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity, we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.