Senior Underwriter - Motor Fleet / Underwriter - Motor Fleet

Description:

Job No: 673929

Melbourne - Inner Suburbs & CBD

Permanent Full Time

Insurance

Pay Band 5

• Permanent role
• Contribute to a strong collaborative and supportive culture with a focus on underwriting profitability
• Working with State Intermediary teams to enhance and maintain strong intermediary relationships and engagement
• Work from home and office
• Melbourne CBD location

The Underwriter performs day to day operational underwriting functions within a State Underwriting team through the underwriting and negotiating of individual policy renewals, new business and mid term policy adjustments.

The role contributes within the State to the execution within the State of the Commercial Portfolio Strategy through the application of product, pricing, customer retention and acquisition strategies to deliver the targeted Insurance Trading Result (ITR) for the Product(s) in accordance with the Delegated Underwriting Authority (DUA).

The Underwriter in collaboration with Distribution colleagues will grow and develop key intermediary relationships, deliver exceptional customer service and facilitate multiline opportunities. The role collaborates across teams, removes blockages to performance, escalate issues and proactively look for ways to simplify and improve the underwriting process.

Key Responsibilities include but not limited to:

• Adheres to DUA and escalates with recommendations to higher DUA holder when appropriate
• Ensures quotes comply with underwriting acceptance criteria
• Identify potential problematic risk specific exposures and risk management issues and communicates to the broker and/or customers
• Ability to use technical product knowledge to set terms and conditions and determines their acceptability in comparison to risk appetite for each customer.

Skills & Experience:

• Minimum of 2 years of product underwriting experience (5 years' experience for the Senior role)
• Demonstrated ability to influence in the commercial Broker and Adviser insurance market to achieve mutually beneficial outcomes
• Understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segments
• Ability to underwrite at an advanced level in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business License
• Understanding and utilisation of underwriting tools, resources, processes and guidelines.

Culture:

Working as part of the Suncorp Group you will have access to an unparalleled range of job opportunities across insurance and corporate services. We promote a high-performance culture where people are rewarded for effort and dedication. We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time. Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.

Employee benefits | Suncorp Group

If this role sounds like the challenge you have been looking for please submit an application online today. For more information please contact Annette_frasca@suncorp.com.au

We believe we are at our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.

If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact Annette_frasca@suncorp.com.au for a confidential conversation.

Advertised: 22 Jan 2025 AUS Eastern Daylight Time
Applications close: 18 Mar 2025 AUS Eastern Daylight Time

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