Job Description

Let’s care for tomorrow.

Your ambitions. Your dreams. Your tomorrow

At Allianz Global Corporate and Specialty SE (AGCS), we are the global leader for insuring corporate and specialty risks in the Allianz Group. Whether it’s aircraft, cosmetic plants, satellite manufacturer, the world’s biggest ships and tallest building, cyber-attacks or climate change impacts, AGCS has the major risks covered when it comes to protecting businesses.

We are looking for a Senior Property Underwriter for Italy and Southern Europe Region based in Milano.

Your Team

AGCS has a long-standing tradition of supporting the property and business interruption (PDBI) insurance solutions in all kinds of industries, from upper middle market clients to large corporates. Our team has many years of practical experience of leading the largest PDBI risks in the Italy market with international insurance programs.

In Italy the Team is composed of 3 Senior UWs, 1 Junior UW and 1 Assistant UW.

The Impact You Will Have

Based in Milano and being a member of the Property WW UW Community.

You will work closely with clients and brokers to develop personalized solutions as well as developing new relationships.

You will be responsible for work alongside a Global Team and as Regional Head of Underwriting Large Corporate for Southern Europe to underwrite profitable new and renewal business. Your responsibilities also include supporting for negotiating participation, pricing and terms & conditions, acquiring new business and retaining existing business. Furthermore, you will be in charge of steering proper pipelines, plans, and portfolio analyses of the Region Southern Europe as counterpart of the Global CUO Team with the Local CUO.

Some of your specific responsibilities will include:

• Develop and execute the Property Line of Business (LoB) regional strategy and proactively support the development of the global LoB strategy;
• Develop and maintain strong relationships with brokers and clients;
• Ownership of large accounts / clients and ultimate responsibility for accounts.
• Manage and Steer the local portfolio also creating pipelines, discussing plans, carrying on portfolio analyses

Market & Relationship Management

• Proactively support acquisition of new business and retention of existing business (including client and broker negotiations where necessary);
• Coordinate with local Distribution to drive successful execution of strategic plan;
• Communicate Regional LoB strategy externally in Italy together with Market Contacts and Distribution;
• Positively represent AGCS internally within the Allianz Group, and externally to the market;
• Proactively drive involvement of functional areas in Underwriting process, including e.g. Distribution, ARC, Claims, Operations

Key Requirements/Skills/Experience

• You have completed an appropriate level of education
• You ideally have 7+ years or more relevant experience as an Underwriter, Broker or relevant equivalent in the Property insurance sector
• You have an entrepreneurial mindset and strong communication skills
• You are able to work in an international matrix organization
• You have a high level of proficiency in both written and spoken English
• You have the ability to assess risks, coverages, terms and conditions of a (potential) insurance placement and can translate this into an insurance offer
• You are a true team player and well established within the market. You have relationships with clients and brokers at peer group level
• Data reporting

99185 | Underwriting | Professional | Non-Executive | Allianz Commercial | Full-Time | Permanent

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).