Senior Underwriting Specialist

6 days ago

Sydney, New South Wales, Australia Marsh Pty Ltd Full time

About the Role:

Marsh is seeking a highly skilled and experienced Underwriter to join our team in Melbourne. As an Underwriter, you will be responsible for underwriting business in accordance with our business plan within set underwriting rules, service standards, and within designated underwriting authority.

Key Responsibilities:

  • Achieve underwriting results and growth (through new business and renewals) in accordance with plan and budget.
  • 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 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.

About Marsh:

Marsh is the world's leading insurance broker and risk adviser, serving commercial and individual clients with data-driven risk solutions and advisory services. With more than 45,000 colleagues operating in over 130 countries, Marsh is a business of Marsh McLennan, a global professional services firm in the areas of risk, strategy, and people.

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