Junior Surety Underwriter (IT)

Allianz
Milan
Workplace: HybridFull timeEUR 34,000 - 40,000 annuallyFunction: Banking, Lending & CreditExperience: 1-2 yearsEducation: bachelorsSkills: ["Analytical thinking","Communication","Teamwork","Problem-solving","Collaboration"]

Actively support the growth of Allianz’s surety business by underwriting bond requests, evaluating counterparty risk, and applying guidelines to ensure profitability and compliance. You’ll work in Milan within the Surety Department, collaborate with commercial teams, and contribute to portfolio monitoring, pricing validation, and transparent underwriting documentation.

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Allianz
Allianz
1 month ago

Junior Surety Underwriter (IT)

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Last checked: 11 hours agoStatus: Live

Job Summary

Actively support the growth of Allianz’s surety business by underwriting bond requests, evaluating counterparty risk, and applying guidelines to ensure profitability and compliance. You’ll work in Milan within the Surety Department, collaborate with commercial teams, and contribute to portfolio monitoring, pricing validation, and transparent underwriting documentation.
Location: Milan
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Entry level

Key Responsibilities

  • •Assess and underwrite new surety bond requests, analysing financials, business performance and the technical capabilities of the counterparty.
  • •Apply underwriting guidelines and ensure compliance with internal policies, governance standards and risk appetite.
  • •Define and validate technical pricing, ensuring consistency and profitability.
  • •Manage and monitor the surety risk portfolio, identifying trends, exposures and opportunities.
  • •Collaborate with commercial teams to support business development while maintaining strong risk discipline.

Pay and Benefits

Salary: EUR 34,000 - 40,000 annually
Perks:Remote Work

Key Requirements

  • •Bachelor's degree in Economics or Law
  • •1-2 years in a similar role within an insurance company or broker
  • •Excellent English communication skills
  • •Analytical mindset and problem-solving attitude
  • •Flexible, adaptable and collaborative in an international environment
Experience:1-2 yearsInsuranceFinance
Education:Bachelor's
Skills:Analytical thinkingCommunicationTeamworkProblem-solvingCollaboration
Languages:English
Tech Stack:AI

Company Brief

Allianz
Global insurance and financial services group offering property-casualty insurance, life and health insurance, asset management, and corporate risk solutions to individuals, businesses, and institutions across more than 70 countries.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Munich, Germany
Founded: 1890
WebsiteLinkedIn