Senior Underwriter Casualty

Location: Via Milano

Job Title Senior Underwriter Department Central  Division:
Casualty Location Milan Type Permanent Key  Purpose of Role Underwrite business in accordance with the business plan and within delegated underwriting authority

Key Responsibilities Support 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

Delivery

Establish and strengthen relationships with brokers, industry bodies, business partners, reinsurers and colleagues, to maximise 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 Procedures Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance

Adhere to underwriting standards, instructions and best practice methodology in order to minimise 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 behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to placing customers at the centre of our business and behaving with integrity.

LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing.

Skills and Experience Extensive knowledge of relevant market conditions for specific class/portfolio

Strong knowledge of legal and regulatory requirements

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 negotiation skills

Strong organisational and prioritisation skills

Ability to analyse 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

Strong established customer/broker relationships

Fluent in English and Italian 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 insurers 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 organisation.

We bring this to life for our colleagues through:

Offering a vibrant and inclusive environment and committing to their career development.

Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee‑led networks strengthen the diversity of our workforce and our inclusive environment.

Reinforcing collaboration together to share our unique perspectives helps us make better decisions, deliver innovative solutions and pursue our ambitious goals.

A supportive culture, which includes promoting a healthy work‑life balance and working flexibly.
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