Insurance Underwriter

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

Job Description

We are seeking an experienced Insurance Underwriter to improve our underwriting processes and evaluate risks effectively. The ideal candidate will be adept in assessing insurance applications and determining coverage terms while ensuring compliance with regulatory standards. This role presents a fantastic opportunity to grow professionally within a dynamic team.

Responsibilities

  • Assess insurance applications and determine appropriate coverage terms.
  • Conduct risk analysis and develop appropriate pricing strategies.
  • Work with clients to clarify information and explain underwriting decisions.
  • Review policy renewals and assess any changes in risk.
  • Maintain accurate and organized documentation of underwriting activities.
  • Participate in training opportunities to enhance underwriting skills.

Requirements

Education
  • Bachelor's degree in Finance, Business, or related field
  • Professional qualifications in insurance (e.g., ANZIIF) are desirable
Experience
  • 3+ years of experience in underwriting or a related field
Technical Skills
  • Analytical Skills
  • Attention to Detail
Soft Skills
  • Interpersonal Communication
  • Problem Solving
Certifications
  • Certificate in General Insurance (CII)
  • Associate in Risk Management (ARM)
Languages
  • English: Fluent

Advantageous

  • Familiarity with underwriting software: Experience using software such as Guidewire or Duck Creek.
  • Knowledge of financial services regulations: Understanding of regulations affecting the insurance sector.

Benefits

  • Competitive salary and performance bonuses
  • Health and wellness benefits
  • Paid leave and flexible working arrangements
  • Professional development opportunities

Company Culture

  • Teamwork: We believe in the power of collaboration and support among our employees.
  • Innovation: Our culture encourages innovative thinking and problem-solving.
  • Integrity: We are committed to ethical practices and transparency in all our operations.
Status: Closed