Design and Engineering Practitioners PI Underwriting Manager
4 days ago
Design and Engineering Practitioners PI Underwriting Manager. The role is responsible for the development, execution, and financial performance of the DEP product, including building the product, defining strategy, managing an underwriting team, and driving profitable growth within the DEP PI market. This position requires close collaboration with internal teams and external vendors to ensure the product is competitive, profitable, and meets market needs. The role consists of two phases: Phase 1 focuses on building the product and channel from the ground up; Phase 2 focuses on managing and scaling the product post-launch, overseeing underwriters, and driving ongoing product management and growth.
What You'll Do- Deliver and continually improve the DEP product strategies (target markets, product differentiation, appetite, underwriting execution, risk engineering, technology, etc.).
- Define and execute a cohesive underwriting plan and value proposition for intermediaries, aligned with the overall product strategy.
- Execute on the go-to-market proposition and distribution strategy for DEP, focusing on partners with the highest growth potential.
- Work closely with Vero Specialty Lines (VSL) and the broader team to ensure strategic alignment across underwriting, distribution, and product management.
- Provide input into the technology build in collaboration with the technology team and external vendors to ensure infrastructure supports growth, market fit, and scalability.
- At least 10 years of commercial experience in Design and Engineering Practitioners PI (or equivalent Construction PI).
- Proven experience leading and developing teams in insurance with a focus on product development, strategy, underwriting and financial performance.
- Strong understanding of intermediary markets, underwriting principles, and DEP PI products.
- Experience building and implementing underwriting guidelines, delegated authorities, and profit and loss management processes.
- Demonstrated ability to collaborate with technology vendors and internal teams to define and build technology solutions that support business goals.
- Knowledge of reinsurance strategy and pricing algorithms.
- Competitive salary package
- Discounts of up to 25% on various insurance offerings
- Flexible working environment and arrangements with a genuine focus on work-life balance
- Discounts with corporate partners across retail, travel, health and wellbeing
- Programs for employees including EAP, health and wellbeing, study support, referral program, nursing mother facilities, share options, and recognition programs
We value a diverse, talented, and passionate workforce and are committed to inclusion, flexibility, career development, internal mobility, and building strong relationships with our teams and customers.
If this role sounds like the challenge you have been looking for, please submit an application online today. For information or to request adjustments to participate equitably in our recruitment process or in the workplace, please contact Annette Frasca at Annette_frasca@suncorp.com.au for a confidential conversation.
Seniority level- Not Applicable
- Full-time
- Health Care Provider
- Financial Services and Insurance
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Brisbane, Queensland, Australia Suncorp Group Full timeOverviewDesign and Engineering Practitioners PI Underwriting Manager. The role is responsible for the development, execution, and financial performance of the DEP product, including building the product, defining strategy, managing an underwriting team, and driving profitable growth within the DEP PI market. This position requires close collaboration with...
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