Insurance roles – underwriter

Role Summary

The Underwriter works closely with the Business Development Manager/sales team and external brokers to put together insurance policies / programs tailored to the client's needs. This includes the identification, placement and management of appropriate insurance arrangements on an annual basis. In essence, this is Underwriting.

Key accountabilities

  • Ensuring that all insurance coverage provided is within underwriting guidelines and delegations
  • Ensuring underwriting and placement underpins the company’s risk retention strategy and protects clients exposures
  • Providing advice to Brokers as appropriate, on the technical aspects of insurance coverage for the delegated product range
  • A key role is to build relationship with brokers and clients to ensure good risks are retained in the portfolio.
  • As a member of the Underwriting Team, the Underwriter is responsible for providing advice and information to the Claims Team, Senior Underwriters and Management on issues and trends
  • The Underwriter may also work closely with the Underwriting Manager to facilitate the introduction and application of new insurance products into the broking market

Experience/knowledge    

  • A successful and proven record in the management of insurance products, underwriting concepts and claims management imperatives
  • Ability to ensure quality of underwriting activities is within limitations and authority levels and to accept or reject risks or alterations within company guidelines and standards
  • Demonstrated expertise in insurance matters pertaining to appropriate coverage for clients supported by extensive technical knowledge of the insurance industry
  • Superior interpersonal, negotiation and communication skills with the ability to positively engage an audience, challenge traditional orthodoxy and tenaciously pursue opportunities for client improvement and capability development
  • A professional consulting services approach to the business, with demonstrated commercial acumen and superior intellect and skills in business analysis

Education/qualifications/other requirements

  • Tertiary qualifications in Business, Commerce, Insurance or Risk Management
  • Australian and New Zealand Institute of Insurance and Finance qualifications

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