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.

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

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