Senior Property & Engineering Underwriter

Role Overview

The Senior Property & Engineering Underwriter will be responsible for underwriting Property & Engineering risks, conducting risk assessments through preliminary data analysis and selection, and ensuring high-quality, timely responses to the sales network.

The successful candidate will combine strong technical expertise with a commercial mindset and will work closely with brokers, building trusted relationships and demonstrating excellent negotiation skills.

The position is based in Milan and reports directly to the Underwriting Director – Engineering & Construction.

Role responsabilities

• Handle quotation requests for various types of Property & Engineering risks in line with the Line of Business risk appetite.
• Underwrite both standard and non-standard policies including CAR, EAR, IDI, Machinery Breakdown, Leasing, EEI, CPE, Property All Risks through technical analysis, risk evaluation, and pricing.
• Build and maintain relationships with the distribution network, comprising more than 1,200 agents and brokers.
• Support monitoring portfolio performance and underwriting results.
• Define and implement product and pricing strategies within the Line of Business.
• Review and analyze Loss Prevention and Technical Control reports.
• Manage the portfolio through the analysis of renewals, policy revisions and remarketing opportunities, maintaining a strong client-centric approach.
• Deliver technical and commercial training and support to agents and brokers.
• Collaborate closely with the Claims team to ensure underwriting consistency and enhance service quality.

Key requirements

• Degree in Engineering, scientific or technical disciplines, or equivalent professional experience
• Significant experience in Property & Engineering underwriting ideally gained in a senior underwriting role within an insurance company, MGA, or brokerage environment.
• Strong experience in underwriting large and complex risks, including international insurance programmes.
• Proactive, with strong commercial orientation and goal-focused attitude
• Excellent negotiation, stakeholder management and relationship-building skills.
• Fluent written and spoken English.

Compensation and Benefits

Base Salary:

This role offers a gross annual salary in the range of EUR 65,000 to EUR 75,000, determined by your relevant experience and/or professional qualifications, as well as the scope and level of responsibility.

Variable Pay:

In addition to base salary, this position may be eligible for variable compensation, including an annual discretionary bonus.

Benefits:

Our benefits package typically includes insurance coverages (healthcare, accident, long term care, temporary death insurance), Long Service Award Program, meal vouchers, welfare package, hybrid working.

Collective Bargaining Agreement:

Permanent contract. This role is governed by the “CCNL per i Dipendenti delle Agenzie di Assicurazione in Gestione Libera – UNAPASS – ANAPA” . The provisions of the “CCNL per i Dipendenti delle Agenzie di Assicurazione in Gestione Libera” applicable to this position, including benefits and “Quadro” classification, will apply and will be made available to candidates in advance of interview to support informed and transparent pay discussions.

At DUAL, we succeed together, and that starts with ensuring our people are rewarded fairly and transparently. We are committed to consistent pay practices that reflect the value each person brings. We uphold the principles of pay transparency and equal pay for work of equal value, in line with the EU Pay Transparency Directive, ensuring fairness across our organization. We do not ask candidates about their current or previous salary history.

About DUAL

Working across 21 countries, DUAL has built a reputation as a specialist underwriting group and the market of choice for insurance intermediaries around the world. That’s how we have become one of the world’s largest international underwriting MGAs with US$3.4bn of GWP.

DUAL is part of Howden, a leading global insurance group with employee ownership at its heart. Founded in 1994, it provides insurance, reinsurance and underwriting services to clients ranging from private individuals to the largest multinational companies. The Group operates in 57 countries, employs over 24,000 people and manages premiums totaling US$50bn on behalf of its clients.

Our culture "People First"

Our core values dictate how we live and work. We’re a group with independence and people at its heart – and a home for talent with a unique culture: the biggest small company in the world.

Being a people-first business has always been central to who we are. Our vision was to create an independent organisation with a distinctive culture that would survive and thrive through the people who shape it. Finding the most talented and entrepreneurial individuals to join the group has been, and will continue to be, key to our success.

Diversity, equity, inclusion

At DUAL, our people are our greatest strength. We are committed to building an open and inclusive culture where everyone feels trusted and that they belong. We work to ensure all candidates, employees, clients and business partners are treated with fairness and respect.

We want every candidate to be able to bring their best to the recruitment process, so if you require reasonable accommodation at any stage, please let us know and we will work with you to provide appropriate support.