MARINE HULL & YACHT UNDERWRITER at Allianz Global Corporate & Specialty SE

Milan, Lombardy, Italy -

Full Time

Start Date

Immediate

Expiry Date

07 Feb, 26

Salary

0.0

Posted On

09 Nov, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Risk Assessment, Leadership, Market Analysis, Communication, Product Development, Negotiation, Policy Administration, Cross-Selling, Data Reporting, Office 365, Entrepreneurial Mindset, Financial Targets, Corporate Governance, Regulatory Framework, Performance Review

Industry

Financial Services

Description

MARINE HULL & YACHT UNDERWRITER Job Purpose/Role Based in Milan and reporting to the Specialty Team, you will be in charge of developing and executing the strategy for the Marine Hull & Yacht 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 Marine 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 Marine Hull & Yacht 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, 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 Economics At least 3 years' proven experience in underwriting profitable Marine business Preference if also experienced in Marine Cargo 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) Basic knowledge of data reporting Very good knowledge in Office 365 and other collaborative tools 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.

Responsibilities

Develop and execute the strategy for Marine Hull & Yacht risks in the Italian market while ensuring compliance with underwriting authority and guidelines. Collaborate with various departments to achieve marketing strategies and support the acquisition and retention of business.