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Risk Engineering LOB Manager role in Milan, leading strategy and underwriting for construction & corporate clients.
Seeking experienced leader with 15-25 years in underwriting, risk assessment, pricing and team management.
RISK ENGINEERING LOB MANAGER
Based in Milan and leading the Risk Engineering Team, you will be in charge of developing and executing the strategy for the Constructions 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 working with the Risk Engineering Team.
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, 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 Industrial, Civil, Construction or Mechanical Engineering or equivalent
- Between 15 and 25 years of proven experience in underwriting profitable Risk Engineering for corporate and construction risks as well as Engineering Professional Firms
- 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 and Italian (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 range applicable to the position offered is between € 75.000 gross and € 90.000 gross.
Employment will be subject to the terms and conditions set forth in the National Collective Labor Agreement for Insurance Companies and the applicable Company Agreement.
The final determination of the starting remuneration will be based on an evaluation of the candidate’s qualifications, skills, and relevant experience in relation to the requirements of the role.
101989 | Underwriting | Management | 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. 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).