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Insurance Underwriter
2 months ago
Marsh is seeking a highly skilled Underwriter to join our team in Melbourne. As an Underwriter, you will play a critical role in underwriting business in accordance with our business plan, within set underwriting rules, service standards, and designated underwriting authority.
Key Responsibilities- Underwrite business in accordance with our business plan, within set underwriting rules, service standards, and designated underwriting authority.
- Determine the acceptability, conditions, and pricing of routine moderate to complex insurance risks and agree coverage within business strategy, risk appetite, regulatory requirements, and product offerings within designated authority level.
- Maintain in-depth knowledge of current legislation, underwriting acceptance levels, systems, and underwriting guidelines.
- Identify new business opportunities within underwriting appetite.
- Ensure adherence at all times to the underwriting guidelines.
- Assist the Senior Underwriter with the renewal process, endorsements, and new business quotations within authority.
- Actively and methodically manage the scheme renewal process, including timely preparation of renewal submissions to the Capital Provider/Insurer.
- Identify process improvement opportunities.
- Build and develop relationships with brokers, the broader Marsh business, and with Capital Providers/Insurers.
- Deliver first-rate service to brokers while managing insurer interaction professionally and sensitively, observing strict confidentiality and discretion.
- Ensure timely and accurate responses to brokers and other stakeholders.
- Deliver timely decisions and problem-solving solutions for customers and brokers.
- Demonstrated experience in underwriting multi or single line commercial business and domestic products.
- Broad insurance industry knowledge.
- Proficient in Microsoft Office products, particularly Microsoft Excel.
- Previous experience with Sunrise/Underwriting System is favourable.
- Ability to deliver results on time and in full.
- Excellent and confident communicator in all forms.
- Team player with high integrity and energy.
- A professional environment where your career path really matters and is supported in our global organization.
- A great team environment with energetic and supportive colleagues.
- Genuine work-life balance – flexible working.
- Great training and development opportunities to help drive your career path.
