Senior Underwriter Construction & Energy Milano

Senior Underwriter Construction & Energy
Milano
Lombardia, Milano

Join to apply for the Senior Underwriter Construction & Energy role at Liberty Specialty MarketsBe among the first 25 applicantsUnderwrite business in accordance with the business plan and within delegated underwriting authority. Key ResponsibilitiesStrategy and PlanningSupport the development of the annual business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances.

Ensure the team's awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions. Contribute and participate in all meetings in order to share and develop strategy, knowledge, and best practice. Contribute new ideas and concepts to support the development and delivery of the business plan. DeliveryEstablish and strengthen relationships with brokers, industry bodies, business partners, reinsurers, and colleagues to maximize influence and achieve business objectives. Demonstrate understanding and awareness of market dynamics and market cycles to drive and enhance business performance. Continually develop expertise and technical knowledge through appropriate development initiatives. Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including:Negotiating rates, terms, and conditions for existing and new business. Compliance with the production and issue of documentation in accordance with contract certainty requirements. Contribute and influence in the review and analysis of the portfolio to identify progress towards business objectives. Ensure entries are properly recorded onto relevant systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregate exposures. Policy, Process and ProceduresCompliance with all applicable internal and external laws, regulations, policies, procedures, and guidance. Adhere to underwriting standards, instructions, and best practice methodology in order to minimize risk. Apply any reinsurance requirements in accordance with stated risk tolerances and to deliver against business plan. Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviors as set out in the Conduct Risk Policy is core to LSM's commitment to placing customers at the center of our business and behaving with integrity. People ManagementManage resources across the team to ensure business requirements are achieved. Motivate and develop the team by demonstrating good leadership behaviors and management best practice. Manage performance in accordance with the company's performance process. Skills and ExperienceExtensive knowledge of relevant market conditions for specific class/portfolio. Strong knowledge of legal and regulatory requirements. Strong knowledge of Liberty (including Group) underwriting process and procedure. Good knowledge of relevant Liberty underwriting systems. Thorough understanding of class-specific underwriting and reinsurance knowledge. Intermediate/advanced level understanding of relevant software including Excel and other departmental software packages. Strong level of numeracy and literacy skills. Strong interpersonal and communication skills. Strong analytical skills. Strong organizational and prioritization skills. Ability to analyze and use data for decision making. Strong attention to detail. People management – ability to engage and lead a team. Significant experience gained within the insurance industry. Use of risk profiling and pricing tools and loss models. About Liberty Specialty Markets (LSM)Liberty Specialty is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer.

We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success.

That is why "Put People First" is one of the five Liberty values which unite us as a global organization.

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