Underwriting Counsel

1 week ago


Melbourne, Victoria, Australia MDA National Full time

Company Overview

MDA National is a well-established organisation with a strong focus on people, collaborative relationships, and continuous improvement. We take pride in our workplace culture and strive to create an environment that encourages personal growth and development.

The Job Description

We are seeking a qualified insurance lawyer to join our underwriting team. The successful candidate will have the opportunity to work on complex indemnity questions, guide the team on how to respond to breaches of duty, provide input into complaints involving underwriting decisions, and advise on related legal issues.

Key Deliverables

  1. Respond to indemnity questions in a timely fashion, ensuring all decisions on policy coverage are made in good faith and comply with laws and regulations.
  2. Review and interpret legal documents, contracts, and agreements to ensure regulatory compliance.
  3. Collaborate with legal and compliance teams to develop and implement underwriting policies and procedures.
  4. Offer legal advice and support to the underwriting team on complex cases and claims, and relevant remedies.
  5. Stay updated on industry trends, legal developments, and regulatory changes affecting underwriting practices.
  6. Engage with stakeholders and make recommendations for changes to policy wordings in conjunction with external policy drafters.
  7. Assist with handling complaints and submissions related to underwriting decisions.
  8. Provide internal training on the insurance legal framework and relevant case law.
  9. Maintain the Underwriting Manual.
  10. Review marketing collateral and other product-related documents to ensure accurate reflection of underwriting intent.
  11. Support other underwriting functions as required.


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