Insurance Underwriter

Melbourne FULL TIME $70,000 - $90,000 / Year
($5,833 - $7,500 / Month)

Job Description

We are seeking an experienced Insurance Underwriter to assess risks and determine appropriate coverage for our policyholders. The ideal candidate will analyse information provided by applicants and make informed decisions about approvals, coverages, and premiums.

Responsibilities

  • Develop comprehensive underwriting guidelines for various insurance products.
  • Assess potential challenges and develop strategies for mitigation.
  • Conduct regular audits of underwriting processes to ensure compliance.
  • Participate in team meetings to share insights and learn from colleagues.
  • Build relationships with agents to facilitate clearer communication and understanding.

Requirements

Education
  • Bachelor's degree in Economics or related field
  • Professional qualifications in underwriting are an advantage
Experience
  • 4+ years of experience in risk assessment or related fields
Technical Skills
  • Policy drafting
  • Statistical analysis
Soft Skills
  • Problem-solving
  • Interpersonal skills
Certifications
  • Fellow of the Australian and New Zealand Institute of Insurance and Finance (ANZIIF)
  • CPCU designation is preferred
Languages
  • English: Fluent

Advantageous

  • Professional networking experience: Active involvement in professional insurance organisations.
  • Exposure to multiple lines of insurance: Experience in underwriting across various insurance sectors.

Benefits

  • Comprehensive health insurance package
  • Generous superannuation contributions
  • Employee assistance programs
  • Regular team-building activities

Company Culture

  • Continuous Improvement: Our company is committed to continuous learning and improvement.
  • Community Involvement: We believe in giving back to the community and encourage employee involvement.
  • Work-Life Balance: We promote a healthy work-life balance for all team members.
Status: Open