LIABILITY UNDERWRITER

Job description

Job Purpose/Role

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.

Key Responsibilities

• 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
  
  

Key Requirements/Skills/Experience

• Master's degree in Law or Economics
• At least 3 to 5 years' proven experience in underwriting profitable Liability business for corporate clients
• Preference if also experienced in PI / D&O / Cyber Risks / Legal Expenses as well as in Multinational Clients/Programs.
• 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)
• Data analytics
• Very good knowledge in Office 365 and other collaborative tools
  
  

Based in Milan
Permanent contract