JUNIOR PROPERTY UNDERWRITER

Job Purpose/Role Based in Milan and reporting to the Property Team, you will be in charge of developing and executing the strategy for the Property & Multinational 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 Property 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 Property 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 Engineering or Economics or Law or equivalent At least 1 to 2 years' proven experience in underwriting profitable Property business for Corporate Clients both PD/BI and Theft Preference if also experienced in Multinational clients as well as knowledge in Property. 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 Pursuant to Article 5(1) of Legislative Decree No. 96 of 7 May 2026, as amended and supplemented from time to time, the role is classified at level 4 of the National Collective Labor Agreement for Insurance Companies and the applicable Company Agreement. The initial gross annual salary , as provided for by the applicable National Collective Labor Agreement (CCNL) for the relevant Level, amounts to € 34.435,23. 107706 | Underwriting | Professional | Non-Executive | Allianz Italy | 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. We are united by a shared commitment: to put our customers first and at the centre of everything we do. Their needs inspire our thinking and guide our actions.Together, we can build an environment where everyone feels empowered and confident to explore, grow and shape a better future – for our customers and for 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. The foundation for this is our inclusive workplace, where people and performance both matter, and where integrity, fairness, inclusion and trust are at the heart of our culture. 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. — Published by Allianz. Apply on the employer's own posting.