Insurance Underwriter

4 hours ago

Sydney, New South Wales, Australia Marsh Pty Ltd Full time
About the Role

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.
Requirements
  • 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 favorable.
  • Ability to deliver results on time and in full.
  • Excellent and confident communicator in all forms.
  • Team player with high integrity and energy.
What We Offer
  • 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.

Marsh is committed to creating a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion, and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one 'anchor day' per week on which their full team will be together in person.

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