Senior Underwriter Engineering

5 days ago

Sydney, New South Wales, Australia Suncorp Group Full time
Job Summary

We are seeking a highly skilled Senior Underwriter to join our team at Suncorp Group. As a Senior Underwriter, you will play a key role in the underwriting of individual policy renewals, new business, and mid-term policy adjustments.

Key Responsibilities
  • Underwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve the strategic and financial goals of the Commercial Portfolio strategy.
  • Conduct renewal reviews to ensure business is re-underwritten in alignment with current underwriting, selection, and pricing guidelines and implement corrective or remedial actions when appropriate.
  • Underwrite new business in alignment with current underwriting, selection, and pricing guidelines.
  • Monitor ongoing policy performance to identify opportunities for remedial or corrective underwriting.
  • Underwrite using approved tools and in complete alignment with agreed underwriting processes and guidelines.
Requirements
  • Minimum of 5 years of product underwriting experience.
  • Demonstrated ability to influence in the commercial Broker and Adviser insurance market to achieve mutually beneficial outcomes.
  • Ability to determine referral or escalation of risks outside of appetite.
  • Knowledge of relevant General Insurance practices and policies.
  • Good understanding of relevant Insurance products, industry, market environment, reinsurance structures, and customer segment.
About Suncorp Group

Suncorp Group is a leading insurance and financial services company that values diversity, inclusion, and employee well-being. We offer a range of benefits, including flexible work arrangements, career development opportunities, and a supportive work environment.

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