Insurance Underwriter

Melbourne FULL TIME $80,000 - $100,000 / Year
($6,667 - $8,333 / Month)

Job Description

As an Insurance Underwriter, you will play a vital role in underwriting insurance products for our clients. You will assess risks, determine policy conditions, and collaborate with various teams to ensure accurate assessments and client satisfaction. If you have a passion for insurance and a keen eye for detail, consider joining our growing team.

Responsibilities

  • Evaluate insurance applications and determine risks.
  • Assess coverage requirements for new and renewal policies.
  • Work with brokers and agents to gather necessary information.
  • Prepare and analyze policy documentation.
  • Ensure compliance with industry regulations and standards.
  • Provide guidance to junior underwriters and support staff.
  • Monitor claims trends and adjust underwriting guidelines accordingly.
  • Review and process endorsements and policy changes.
  • Communicate with clients regarding policy matters.

Requirements

Education
  • Bachelor's degree in Finance, Business, or a related field
  • Certifications such as AICD or ANZIIF preferred
Experience
  • 3+ years of experience in underwriting or insurance roles
Technical Skills
  • Risk Assessment
  • Analytical Skills
  • Regulatory Knowledge
Soft Skills
  • Attention to Detail
  • Communication Skills
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software: Experience with tools like underwriting workstations and risk modeling software.
  • Knowledge of reinsurance principles: Understanding of reinsurance structures and practices.

Benefits

  • Competitive salary and performance bonuses
  • Flexible working hours
  • Ongoing training and development programs
  • Supportive work culture

Company Culture

  • Collaborative Environment: We foster teamwork and open communication across all levels.
  • Growth and Development: We invest in our employees’ professional growth through training and mentorship.
  • Inclusivity: We celebrate diversity and encourage applications from individuals of all backgrounds.
Status: Open