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Underwriter / Senior Underwriter - Financial Lines
3 months ago
Pen Underwriting is a well-established, customer-centric agency made up of a tight knit community of commercial insurance underwriters. We are dedicated to delivering sophisticated solutions to our broker partners across Australia. We are looking for a dedicated Underwriter / Senior Underwriter to join our Financial Lines team.
This role can be located in Sydney, Melbourne or Brisbane - the choice is yours The security behind all our products is provided by a range of international and domestic insurance and reinsurance companies.
Each insurance partner has a strong security rating. We strive for long term relationships and recognise we must meet and exceed the requirements of every stakeholder.We take pride in our technical capabilities and collectively have in excess of 1,000 years of experience across our teams.
What sets us apart from others in the market is the service we provide to our brokers and our ability to craft solutions for even the most complex risks across a broad range of classes The role of Underwriter is primarily responsible for the following:Reporting directly to the Professional Risks Underwriting Manager Application of underwriting strategies within targeted industries and occupations Adhering to underwriting guidelines and standards as issued by Pen Underwriting Providing underwriting expertise in risk assessment, terms, conditions and pricing for new and existing Financial Lines accounts Build and develop relationships with Intermediaries in the procurement of new account opportunities and strengthen renewal retentions, with strong existing relationships already in existence Supporting other product underwriters in the development of broker relationships for creating new account opportunities Technical referral point for underwriters Training and development of underwriters Develop relationships with capacity providers Develop an understanding of our portfolio including the key trends of our book and the market as a whole.
Your motivated personality and can-do attitude along with experience in the following are essential for this role; Minimum 5 years Financial Lines Underwriting experience (in an agency or insurance company) Experience in most aspects of professional risks (Professional Indemnity is essential) Established history of delivering exceptional results while partnering with brokers, renowned for their outstanding reputation in the market Excellent time management and organisation Ability to work collaboratively within a team Outstanding written and verbal communication skills Strong analytical, problem solving and attention to detail skills required Attractive salary with opportunity to grow We provide a supportive work environment that fosters respect, integrity, inclusivity, and professionalism.
Our culture plays a crucial role in promoting exceptional employee engagement, which we aim to maintain as our business expands.
In addition, we offer excellent benefits and opportunities for career development.These include training and development programs, tuition assistance, study leave, wellbeing initiatives including additional days off, an employee assistance program, salary continuance insurance, paid volunteering days, and more.
If this sounds like the type of workplace you would like to work in, apply now Compensation and benefits