Insurance Underwriter

Job Description

As an Insurance Underwriter, you will be a key player in evaluating and assessing risks associated with insurance applications. Your expertise will contribute to determining policy terms, pricing, and coverage options. You will collaborate with agents, clients, and various departments to ensure the best outcomes for our customers.

Responsibilities

• Assess applications for personal and commercial insurance policies.
• Use data analysis techniques to evaluate risk factors and trends.
• Negotiate terms of insurance contracts with agents and brokers.
• Develop and maintain positive relationships with clients and stakeholders.
• Ensure compliance with internal policies and external regulations.
• Review and update underwriting policies based on emerging market conditions.

Requirements

Education

• Bachelor's degree in Mathematics, Statistics, or Insurance

Experience

• 5+ years of experience in underwriting or insurance-related roles

Technical Skills

• Policy Analysis
• Statistical Software

Soft Skills

• Critical Thinking
• Negotiation

Certifications

• Australian Insurance Institute accreditation

Languages

• English: Fluent

Advantageous

• Strong mathematical skills: Ability to apply mathematical methods to assess risk.
• Experience with predictive analytics: Utilising data analytics to forecast risk scenarios.

Benefits

• Above market salary and bonus schemes
• Comprehensive health and wellness programs
• Work-life balance initiatives
• Career advancement support and training

Company Culture

• Customer Focus: Our primary goal is to serve our clients with dedication and excellence.
• Continuous Improvement: We are committed to ongoing learning and professional development.
• Diversity and Inclusion: We celebrate diversity and strive to create an inclusive culture.