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Insurance Underwriting Specialist

1 month ago

Melbourne, Victoria, Australia Kennedy Reid Full time

Job Opportunity

Our client, Kennedy Reid, is a leading organization in the general insurance industry. They are known for their exceptional services and strong company culture.

Role Overview

We are seeking an experienced Underwriting Assistant to join our team. This position requires 1-2 years of experience within the general insurance industry. As an Underwriting Assistant, you will be responsible for providing crucial support to the underwriting team in administrative tasks and data analysis. You will collaborate closely with underwriters, brokers, and internal stakeholders to ensure smooth operations and accurate documentation.

Responsibilities:

  • Assess insurance applications and determine risk levels.
  • Review policy documents, endorsements, and related materials for accuracy and completeness.
  • Prepare quotes, policy documents, and endorsements in adherence to company guidelines.
  • Maintain records of underwriting activities, including policy information and endorsements.
  • Act as a point of contact for brokers, agents, and internal stakeholders, providing timely and professional customer service.
  • Analyze risk factors and trends to support underwriting decision-making.
  • Stay updated on industry developments, regulatory changes, and underwriting guidelines to ensure compliance.
  • Contribute to the improvement of underwriting procedures, systems, and workflows.
  • Support the underwriting team in ad-hoc projects and initiatives as needed.

Requirements:

  • 1-2 years of experience in the general insurance industry.
  • Strong knowledge of insurance policies, procedures, and underwriting principles.
  • Proficiency in underwriting software and Microsoft Office applications.
  • Excellent attention to detail and organizational skills to manage multiple tasks effectively.
  • Oustanding written and verbal communication skills for seamless interaction with stakeholders.
  • Ability to work both independently and collaboratively in a team-oriented environment.
  • Strong customer service orientation with a focus on building positive relationships.
  • Proactive and adaptable mindset with a willingness to learn and take on new challenges.

Benefits

Our client offers a competitive salary and benefits package, providing ample opportunities for long-term career progression. Their inclusive and supportive company culture nurtures professional growth and personal development.

Estimated Salary: $65,000 - $85,000 per annum