Construction - Underwriter

**Victorian Managed Insurance Authority (VMIA)**
- Job Title - Construction Underwriter
- Work Type - Full Time, Ongoing opportunity

**Key highlights**
- Central Location - Work in Melbourne CBD within close proximity to Flinders Street.
- Salary Range - $136,517 to $151,628 (total remuneration package inclusive of superannuation).
- Hybrid work environment - Enjoy a mix of office and flexible work arrangements, fostering connection and strengthening networks. The majority of your working week will be in our collaborative office environment.

**Key responsibilities**
- Provide expert advice and underwriting solutions for complex and large-scale construction projects across Victoria, including rail, roads, hospitals, schools, and other government infrastructure.
- Collaborate with stakeholders to ensure optimal risk transfer models and maintain strong relationships with reinsurance brokers to secure cost-effective solutions.
- Develop and maintain specialised knowledge in construction insurance, staying updated on market trends and legal developments.

**Your role dimensions**
- Delegations - As per the VMIA Instrument of Delegation.
- Authority -As per the VMIA Instrument of Authorisation

**Who you work with**
- VMIA Clients: Provide timely advice and support to meet their unique needs while protecting the insurance program.
- Construction Team: Collaborate to develop and improve construction insurance solutions.
- Pricing and Capital Management: Work together to set premiums and develop pricing strategies for major projects.
- Claims Team: Ensure fair and reasonable claim settlements and agree on reporting procedures.
- Finance: Ensure accurate premium accounting to support VMIA's financial management.
- Risk, Insurance, and Claims Services Division: Collaborate with colleagues across the division.
- Insurance Service Providers: Consult with brokers, underwriters, and reinsurers to optimise product coverage and maintain market knowledge.

**What we are looking for**
- Minimum 5 years of experience in insurance underwriting or broking.
- Strong understanding of commercial insurance products and reinsurance markets.
- Excellent analytical and interpersonal skills.

**Qualifications**
- You hold or are working towards tertiary qualifications in a relevant discipline or Insurance professional qualifications is highly desirable.
- You hold membership with ANZIIF, or equivalent body is highly desirable.
- You are governed by the fit and proper person as per APRA guidelines, i.e. not listed on the disqualified persons register (Insurance ACT section 25(A) 1) and is not convicted of a criminal offence or bankrupt.

**Why join VMIA?**

At VMIA, we believe diversity drives innovation. We are committed to creating an inclusive environment where everyone feels valued and empowered to contribute their unique perspectives.

We offer:

- Flex work: Hybrid working to support your best performance.
- Parenting support: Generous parental leave (14 weeks paid parental leave after six months of service for primary carers and 2 weeks for secondary carers) and breastfeeding-friendly facilities.
- Learning & Development: Annual investment ($2,500) in your growth, with in-house training, and LinkedIn Learning access in addition.
- Wellbeing: Wellness sessions, Employee Assistance Program (EAP), and ergonomic support.
- Culture & Lifestyle: Iconic office location, volunteer leave and life-stage support.

**How to apply**

**Salary Information**

At VMIA, we offer competitive salaries based on the role's classification and your skills and experience. Typically, new employees start at the minimum of the salary range, however, consideration may be given to starting above the minimum of the band should you demonstrate extensive experience in a similar role or possess unique and desirable skills and capabilities required to perform the role.

**Other relevant information**
- Working Eligibility: Verification of your right to work in Australia.
- Employment History: Confirmation of your past employment details including employment dates and compensation.
- Academic Credentials: Verification of your educational qualifications to ensure they are accurate and legitimate.
- National Criminal History Check: A check for any criminal record, which may involve manual vetting by ACIC, potentially causing delays.
- Pre-employment Misconduct Check: Used to verify the identity, integrity, and credentials of potential employees and verifies no past misconduct.
- Financial Background Checks: Applicable for certain roles, such as Heads of Departments and Finance team members.