Senior Property and Engineering Underwriter - Global Markets

Can you combine technical underwriting excellence with the entrepreneurial mindset needed to build a market-leading Property & Engineering portfolio?

About us

At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.

At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

Please see our website for more information.

Senior Property & Engineering Underwriter (m/f/d*)

We are currently looking for a Senior Property & Engineering Underwriter to be based in Milan, Italy, on a full-time basis, reporting to the Head of Property & Engineering, Italy.

In this role, you will contribute to the growth of Munich Re Specialty's Property & Engineering business in Italy by developing profitable business opportunities, strengthening broker and client relationships, and delivering underwriting excellence. You will play a key role in shaping our market presence while working closely with colleagues across our international network.

Responsibilities:

• Support the continued growth and development of Munich Re Specialty's Property & Engineering business in Italy.
• Execute underwriting strategies aligned with regional and global business objectives.
• Identify, develop and secure profitable business opportunities while strengthening Munich Re's presence in the Italian market.
• Underwrite Property & Engineering risks and actively manage portfolio performance to ensure profitability, underwriting discipline and data quality.
• Build and maintain strong relationships with brokers, clients and distribution partners to drive sustainable growth.
• Monitor market trends, emerging risks and competitor activity to support underwriting decisions and business strategy.
• Collaborate with underwriting and cross-functional teams across claims, legal, compliance and finance, contributing to knowledge sharing and strategic initiatives.

Knowledge and Skills

• Minimum 8 years of experience in Property & Engineering underwriting.
• Strong knowledge of the Italian insurance market, including brokers, MGAs and other distribution partners.
• Proven track record of originating, underwriting and growing profitable Property & Engineering business.
• Entrepreneurial mindset with the ability to develop tailored solutions for complex client needs and identify new market opportunities.
• Excellent communication, negotiation and stakeholder management skills, with the ability to build long-term business relationships.
• Fluency in Italian and English, with experience working in international and cross-cultural environments and a willingness to travel when required.
• University degree and/or relevant professional qualification, combined with strong leadership and collaboration capabilities.

Diversity, Equity & Inclusion

All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact.

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• This job advertisement is addressed to all female and male candidates who meet the requirements, without any discrimination based on sex, gender, sexual orientation, nationality or ethnic origin, religious belief, disability, and/or any other personal or social condition.