LIABILITY UNDERWRITER at Allianz Global Corporate & Specialty SE

Milan, Lombardy, Italy -

Full Time

Start Date

Immediate

Expiry Date

31 Jan, 26

Salary

0.0

Posted On

02 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Liability Underwriting, Risk Assessment, Policy Administration, Pricing, Market Analysis, Leadership, Communication, Data Analytics, Office 365, Cross-Selling, Product Development, Negotiation, Entrepreneurial Mindset, Regulatory Compliance, Underwriting Discipline, Performance Review

Industry

Financial Services

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

Responsibilities

Develop and execute the strategy for Liability & Environmental Impairment Liability risks in the Italian market. Ensure compliance with underwriting authority and drive the achievement of financial targets.