Underwriting Specialist

1 week ago

Sydney, New South Wales, Australia Arch Capital Group Full time
Underwriter Role Summary

As an Underwriter at Arch Capital Group, you will play a critical role in promoting progress and inspiring our clients, employees, investors, and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals, and we are seeking a talented Underwriter to join our team.

Key Responsibilities
  • Ensure the quality of underwriting activities is within the limitations of company policy and in accordance with underwriting standards.
  • Prepare reports on portfolio performance and maintain credit control of business within the portfolio.
  • Participate in audits, Peer Review Process, and any other compliance requirements.
  • Ensure all documentation is accurate and complete and conforms with organisational guidelines.
  • Work with other stakeholders to maximise underwriting opportunities, minimise expenses, and achieve operations and service targets.
  • Underwrite Executive Assurance products in accordance with Arch Guidelines to ensure profitability and provide a positive contribution to tangible book value for Arch.
  • Maintain and develop key broker relationships through consistent visitation, ensuring that customer service is provided on a high level.
  • Provide timely service of requests and ensure administration of tasks in a timely manner.
  • Develop and execute new business opportunities interacting with existing and new brokers.
  • Work with Senior Underwriters and Management on future product development.
  • Assist with implementation of distribution strategy with other profit centres and identify any cross-sell opportunities.
  • Comply with relevant laws and regulations, industry codes, and Arch organisation standards.
  • Apply efficient, effective, and sound underwriting practices to new business, mid-term alterations, and renewal management.
  • Process and document issuance of new business, renewals, and endorsements ensuring all interactions are performed in an efficient and effective manner adhering to the required processes for each transaction type.
  • Ensure that all relevant correspondence is saved on to relevant systems and that underwriting notes and thought processes and rating are clearly detailed in the underwriting notes section.
  • Respond to enquiries/requests (such as certificates of currency) from the brokers within agreed service standards.
  • Ensure reporting spreadsheets are up to date.
  • Is expected to travel as required by the business.
General Responsibilities
  • Collaborate effectively with other business units.
  • Adhere to company's policies, procedures, and local guidance as well as to the legislation.
  • Other reasonable duties as directed by the business, within the scope of the role.
Role Requirements & Skills
  • Experience working in the financial services, ideally with knowledge of the legislative framework.
  • Experience in the same or similar role - minimum 2 years.
  • Tertiary qualifications - desirable but not essential.
  • Demonstrate a proven ability to communicate effectively both verbally and in writing.
  • Ability to develop and maintain effective relationships with internal and external stakeholders.
  • Proficient in Microsoft Office Software (Word, Excel, PowerPoint).
  • An organised and methodical approach to working practices and meet deadlines.
  • Knowledge of the Australian insurance regulatory and compliance environment.
  • Sound analytical skills with the ability to prioritise while maintaining an attention to detail.
  • Enthusiasm and a desire to learn and contribute as part of a team, with the ability to work autonomously when required.
  • Ability to provide a high level of service to external stakeholders.
  • Ability to find possible solutions to complex underwriting problems within defined guidelines.
  • Demonstrable knowledge of underwriting practices and the insurance market.

  • Underwriter - Cyber Specialist

    3 weeks ago

    Sydney, New South Wales, Australia REO Group Full time

    {"title": "Underwriter - Cyber Insurance", "description": "Join REO Group, a leading provider of specialist insurance products, as an Underwriter - Cyber Insurance. In this role, you will be responsible for underwriting incoming and renewal business with existing clients, as well as partnering with new businesses to provide innovative and tailored insurance...

  • Underwriting Specialist

    1 week ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    Job SummaryThe Underwriting Specialist will collaborate with cross-functional teams to drive business growth and improve underwriting processes. Key responsibilities include underwriting new and renewal business, conducting renewal reviews, and monitoring policy performance to identify opportunities for remedial or corrective underwriting.Key...

  • Underwriting Specialist

    2 months ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    Job Summary:The Underwriting Specialist will collaborate with other teams to remove performance blockages, escalate issues, and proactively simplify and improve the underwriting process.Key Responsibilities:Underwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve strategic and financial goals of the...

  • Cyber Underwriter

    1 month ago

    Sydney, New South Wales, Australia REO Group Full time

    Job Title: Underwriter - CyberREO Group is seeking an experienced Underwriter to join their Sydney CBD based team. As an Underwriter, you will be responsible for underwriting incoming and renewal business with existing clients, as well as partnering with new businesses to grow your portfolio.Key Responsibilities:Assess risk and underwrite incoming...

  • Cyber Underwriter

    3 weeks ago

    Sydney, New South Wales, Australia REO Group Full time

    Job Title: Cyber UnderwriterWe are seeking an experienced Cyber Underwriter to join our team at REO Group. As a Cyber Underwriter, you will be responsible for underwriting incoming and renewal business with existing clients, as well as partnering with new businesses to provide innovative and tailored insurance solutions.Key Responsibilities:Assess risk and...

  • Underwriting Support Specialist

    3 days ago

    Sydney, New South Wales, Australia AXA Group Full time

    Underwriting Support SpecialistAt AXA XL, we're looking for a skilled Underwriting Support Specialist to join our team. As an Underwriting Support Specialist, you will play a critical role in supporting our Underwriters in their line of business.Main ResponsibilitiesWork collaboratively with the offshore team to ensure timely requests of quotes, name...

  • Underwriting Specialist

    1 week ago

    Sydney, New South Wales, Australia Succession Partners Full time

    Underwriter/Senior Underwriter OpportunityWe are seeking a highly skilled Underwriter/Senior Underwriter to join our team at Succession Partners. This exciting role offers a unique chance to develop your underwriting expertise and contribute to the growth of our organization.Key Responsibilities:Develop and maintain strong relationships with stakeholders,...

  • Cyber Underwriter

    2 weeks ago

    Sydney, New South Wales, Australia REO Group Full time

    Job Title: Cyber UnderwriterWe are seeking an experienced Cyber Underwriter to join our team at REO Group. As a Cyber Underwriter, you will be responsible for underwriting incoming and renewal business with existing clients, as well as partnering with new businesses to provide innovative and tailored insurance solutions.Key Responsibilities:Assess risk and...

  • Underwriting Specialist

    1 month ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    Underwriter Engineering RoleThe Underwriter Engineering role is a key position within the Suncorp Group, collaborating with various teams to drive performance, identify and remove obstacles, and proactively seek ways to simplify and enhance the underwriting process.Key ResponsibilitiesUnderwrite new and renewal business within the scope of individual...

  • Underwriting Specialist

    3 weeks ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    Job Title: Underwriter EngineeringAbout the Role:The Underwriter Engineering role is a key position within the Suncorp Group, responsible for collaborating with other teams to drive performance, remove blockages, and proactively simplify and improve the underwriting process.Key Responsibilities:Underwrite new and renewal business within the scope of...

  • Underwriting Specialist

    2 weeks ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    Job Title: Underwriter EngineeringAbout the Role:The Underwriter Engineering role is a key position within the Suncorp Group, responsible for collaborating with other teams to drive performance, remove blockages, and proactively seek ways to simplify and improve the underwriting process.Key Responsibilities:Underwrite new and renewal business within the...

  • Underwriting Specialist

    1 month ago

    Sydney, New South Wales, Australia Suncorp Group Full time

    About the RoleThe Underwriter Engineering role collaborates with other teams to drive performance, identifies and removes obstacles, and proactively seeks ways to simplify and improve the underwriting process.Key ResponsibilitiesUnderwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve strategic and...

  • Cyber Insurance Underwriter

    7 days ago

    Sydney, New South Wales, Australia REO Group Full time

    Job Title: Cyber Insurance UnderwriterREO Group is seeking an experienced Underwriter to join their Sydney CBD based team. The successful candidate will work amongst a dedicated underwriting team supported by specialist Business Development partners focused on Cyber Insurance.Key Responsibilities:Assess risk and underwrite incoming quotes for Cyber Insurance...

  • Underwriting Specialist

    2 weeks ago

    Sydney, New South Wales, Australia Succession Partners Full time

    Underwriter/Senior Underwriter OpportunityThis is an exciting chance to develop your skills in underwriting a diverse range of risks, including large and complex Property, Casualty, and Motor Fleet risks. You will be encouraged to build strong relationships with stakeholders and contribute to raising the organization's profile.Key ResponsibilitiesDevelop and...

  • Cyber Insurance Underwriter

    1 week ago

    Sydney, New South Wales, Australia REO Group Full time

    Job Title: Underwriter - CyberReo Group is seeking an experienced Underwriter to join their Sydney CBD based team. As an Underwriter, you will be responsible for underwriting incoming and renewal business with existing clients, as well as partnering with new businesses to grow the portfolio.Key Responsibilities:Take ownership of your portfolio and actively...

  • Product and Underwriting Specialist

    4 weeks ago

    Sydney, New South Wales, Australia Ecclesiastical Insurance Group Full time

    About the RoleWe are seeking a highly skilled Product and Underwriting Specialist to join our team in Melbourne, Sydney, or Brisbane. As a key member of our Technical Solutions team, you will play a critical role in shaping the future of our business.As a Product and Underwriting Specialist, you will be responsible for supporting and assisting the Product...

  • Insurance Underwriter Opportunities

    1 month ago

    Sydney, New South Wales, Australia Haylo People Full time

    Job Opportunity OverviewHaylo People is a specialist recruitment agency supporting the Personal Injury and Insurance industry. We are currently working on multiple Underwriting opportunities in Sydney, Brisbane, and Melbourne, including Senior positions across various lines of business such as Liability, Property, and Motor.Job Roles and...

  • Product and Underwriting Specialist

    1 month ago

    Sydney, New South Wales, Australia Ecclesiastical Insurance Group Full time

    About the RoleWe are seeking a highly skilled Product and Underwriting Specialist to join our team in Melbourne, Sydney, or Brisbane. As part of our new Operating Model, this role will play a critical part in shaping the future of our Technical Solutions team.The successful candidate will support and assist the Product and Underwriting Manager - Property and...

  • Underwriter, Financial Lines Specialist

    2 months ago

    Sydney, New South Wales, Australia AXA Group Full time

    Job SummaryWe are seeking an experienced Underwriter to join our International Financial Lines team at AXA XL. As an Underwriter, Financial Lines Specialist, you will be responsible for delivering a profitable underwriting service to our clients.Key ResponsibilitiesUnderwrite business within the agreed business plan and individual authority.Support the...

  • Underwriting Specialist

    3 weeks ago

    Sydney, New South Wales, Australia Nuvei Full time

    {"title": "Underwriter Role at Till Payments", "description": "Job SummaryTill Payments, a division of Nuvei, is seeking an Underwriter to join our Risk and Compliance team. As an Underwriter, you will be responsible for reviewing new account applications, ensuring compliance with regulatory requirements, and providing professional communication to sales...