Commercial Insurance Underwriter Position

2 days ago

Melbourne, Victoria, Australia beBeeRiskManagement Full time $80,000 - $100,000
Financial Lines Underwriter Job

The primary objective of this position is to underwrite Management Liability, Professional Indemnity, and Cyber policies through market-facing platforms.

  • Deliver profitable growth of new business production and renewals.
  • Underwrite referrals within authority statement in accordance with guidelines for new business, renewals, and endorsements.
  • Making recommendations for acceptance or declination of risks, including those that exceed authority.

Key responsibilities include:

  1. Assisting managers in providing input on portfolio analysis, profitability, premium planning, market and environment analysis, process and systems effectiveness, and efficiency.
  2. Liaising with stakeholders to maintain awareness of claim activity.
  3. Establishing relationships with key producers, identifying opportunities, and ensuring stakeholders are kept up-to-date with regular communications.
  4. Providing responsive service on underwriting referrals and taking responsibility for quality of responses and referral turnaround times.
  5. Maintaining open communication with internal departments on risks, coverage's, exposures, service problems, and losses.

The ideal candidate has at least one year of insurance or underwriting experience, understands pricing techniques, and is familiar with the underwriting appetites of other departments and their relation to interdepartmental accounts.

Required Skills and Qualifications
  • Insurance or underwriting experience.
  • Pricing technique understanding.
  • Familiarity with underwriting appetites.
Benefits

Opportunities for professional growth and development.

A dynamic work environment.

Others

Chubb operates in 54 countries, offering commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance.

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