SURETY UNDERWRITER at Allianz Global Corporate & Specialty SE

Milan, Lombardy, Italy -

Full Time

Start Date

Immediate

Expiry Date

03 Jan, 26

Salary

0.0

Posted On

05 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Assessment, Policy Administration, Leadership, Market Analysis, Pricing, Data Analytics, Communication, Entrepreneurial Mindset, Office 365, Underwriting, Financial Targets, Cross-Selling, Corporate Governance, Negotiation, Collaboration, Regulatory Framework

Industry

Financial Services

Description

Job Purpose/Role 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 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 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).

Responsibilities

Develop and execute strategy for Constructors and Corporate Client risks in the Italian market. Ensure compliance with underwriting authority and drive financial targets through portfolio management.