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Surety Underwriter -MidCorporate

Job Level:  Professional

Milan, IT, 20145

Due Date:  To Be Filled Asap
Area of Expertise:  Underwriting
Unit:  Allianz Italy
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  3731



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.




•    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




•    Master's degree in Economics 
•    At least 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)
•    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. 
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.

Both genders may apply in accordance with the L. 903/77 (s.m.i).