Insurance Underwriter Fleet Leader
2 days ago
Job Overview:
Vero Insurance is seeking a skilled and experienced Insurance Underwriter Fleet Leader to join our team. This role is based in Perth and offers a unique opportunity to contribute to the success of our Commercial Portfolio Strategy.
About the Role:
The Insurance Underwriter Fleet Leader will be responsible for ensuring quality, sustainable, and profitable business is established for our fleet insurance products through the execution of technical expertise. You will contribute to the execution of the Commercial Portfolio Strategy by applying product, pricing, customer retention, and acquisition strategies to deliver targeted Insurance Trading Results (ITR) for our products in accordance with the Delegated Underwriting Authority (DUA).
You will grow and develop key intermediary relationships, deliver exceptional customer service, and facilitate multiline opportunities in collaboration with Distribution colleagues. Additionally, you will remove blockages to performance, proactively seek ways to simplify and improve the underwriting process, and develop local underwriting capability through coaching and mentoring of Underwriters.
Salary:
We offer a competitive salary package, including an estimated annual salary of $90,000 - $120,000 AUD, depending on experience and qualifications.
Key Responsibilities:
- Monitor portfolio against all budgeted KPIs – Renewal & New Business MTD & YTD, GWP & ITR
- Subject matter expert for the immediate team and senior referral point for product within the state
- Assist in the development and execution of agreed Product Strategy
- Monitor Underwriter adherence to agreed Product Underwriting Process
- Monitor execution of strategy and agreed process in key Product areas – i.e. Surveys, Facultative Reinsurance, Processing to Mainframe
- Facilitation of multi-line opportunities as appropriate
Required Skills and Qualifications:
To succeed in this role, you will need:
- Commercial experience in insurance, coupled with relevant qualifications
- Commercial Fleet underwriting experience in insurance
- Demonstrated knowledge of portfolio, underwriting, and pricing practices and policies
- Understanding of relevant Insurance products, industry, market environment, reinsurance structures, and customer segment
- Ability to underwrite at an advanced level in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines, and Business Licence
- Ability to use technical product knowledge to set terms and conditions and determines their acceptability in comparison to risk appetite for each customer
Benefits:
We offer a range of benefits, including flexible work arrangements, career development opportunities, and access to training and professional development programs. As a valued member of our team, you will have the opportunity to work in a dynamic and supportive environment that fosters growth and innovation.
Culture:
At Vero Insurance, we pride ourselves on creating a culture that values diversity, inclusivity, and employee well-being. We believe in empowering our people to achieve their full potential and providing them with the resources and support they need to succeed.
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