Property Underwriter

2 weeks ago


Melbourne, Australia Factory Mutual Insurance Company Full time

Property Underwriter

**Overview**

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

The Client Service Team has an opening for an **Underwriter** who will provide support to the department and in turn, to the wider Operation given the importance of the Underwriting role. This is a full-time, in-office, permanent position, which is based in Melbourne. The position will report to the Operations Chief Underwriter.

Working as a critical team member on large and complex accounts under the leadership of the account manager, the underwriter supports underwriting decisions and implementation across the program.

This includes risk selection, risk assessment, and risk transfer decisions that support development and retention of a profitable book of business for the mutual benefit of FM Global and its clients. As an underwriter you will be involved in understanding the risk quality and exposure of an account, data collection and analysis, reviewing and issuing insurance policies, developing client relationships and proposal development. Supporting new business is also a key aspect of the role.

Taking on a role as an Underwriter can open many new career opportunities for you, in Account Management, Sales, and specialist Underwriting roles, as well as roles in management. By learning about one of the core areas of FM Global's business, you will have exposure to some high profile and large Australian companies and gain firsthand experience about how FM Global develops relationships with clients and brokers.

**Responsibilities**

**RESPONSIBILITIES**:

- Gains and maintains a good knowledge of the underwriting requirements, policy terms and conditions, profitability analysis, and pricing. This is to assist the Account Manager in determining a sustainable and profitable underwriting position.
- Assists the Account Manager in account servicing activities. Including: handling reinsurance procurement, preparing for internal and external meetings, presentations and proposals. This involvement helps develop account management awareness and effective presentation skills.
- Applies interpersonal skills to build relationships with Client Service Team members working in a variety of roles from processing to engineering to account management and Staff Underwriting.

**Qualifications**

**QUALIFICATIONS/SKILLS**
- Bachelor's degree or equivalent qualification.
- 2+ Years Insurance, Engineering or Financial Services industry Experience desired. Prior experience in client facing role is a plus.
- Strong technical aptitude, analytical and problem-solving skills.
- Ability to prioritise work and meet deadlines, good with technology, and strong attention to detail.
- Polished and professional communication, both written and verbal.
- Can build rapport with others easily and comfortably, comfortable with being in a client facing role at times.

**What is on offer**:

- Career development and training opportunities
- Supportive and collaborative team environment
- Tuition reimbursement,
- Rich health and well-being programs,
- Volunteer days and so much more

FM Global is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

If you are interested in learning more about FM Global, our culture and some of our initiatives, don't hesitate to visit the links below:
**You must have the right to work in Australia to be considered for this role (Australian citizen, permanent resident, NZ resident)**

Job ID 14013


  • Property Underwriter

    3 weeks ago


    Melbourne, Victoria, Australia The Andersen Partnership Full time

    1 day ago Be among the first 25 applicantsExpression of Interest – Property Underwriters | MelbourneAre you an experienced Property Underwriter ready to take the next step in your career? We're looking for professionals who can combine technical expertise with strong broker relationships to deliver exceptional outcomes in Melbourne's competitive insurance...

  • Property Underwriter

    3 weeks ago


    Melbourne, Victoria, Australia The Andersen Partnership Full time

    1 day ago Be among the first 25 applicantsExpression of Interest – Property Underwriters | MelbourneAre you an experienced Property Underwriter ready to take the next step in your career? We're looking for professionals who can combine technical expertise with strong broker relationships to deliver exceptional outcomes in Melbourne's competitive insurance...


  • Melbourne City Centre, Australia HAYS Full time

    Insurance Job in Melbourne, Property Underwriter **Your new company** Join a company who focus on their people, business partners and customers. This innovative market leader are looking to leverage off their strong presence in the Australian Liability Underwriting space and continue growth into Property Underwriting. They are currently looking for an...


  • Melbourne, Australia Ethos360 Full time

    4 additional annual leave days per year! - Amazing incentives and salary package. - WFH Flexibility. Our client are a dynamic customer-centric underwriting agency providing outstanding experiences to their brokers and are looking for a dedicated Underwriter to join their Property team. Our client has a passion for insurance and this is evident from their...


  • Melbourne, Victoria, Australia beBeeRisk Full time $104,556 - $141,843

    About the OpportunityWe are seeking an experienced Underwriter Property professional to support our strategic objectives. As a key member of the Corporate Solutions business, you will play a crucial role in underwriting property risks in line with our risk appetite and underwriting philosophy.You will be responsible for developing and managing relationships...


  • Melbourne, Victoria, Australia beBeeExpert Full time $90,000 - $120,000

    Job Title: Property Underwriting ExpertWe are seeking an experienced Property Underwriter to join our Technical and Business Performance area.The role involves dealing with schemes and facilities, providing technical input, and supporting broader business initiatives as a Property Underwriter.Key Responsibilities:Apply expertise to drive change in scheme and...


  • Melbourne, Victoria, Australia CGU Insurance Full time

    OverviewProperty Underwriter role at CGU Insurance. We're ready for you Join the largest general insurance group in Australia and New Zealand as a Consultant, Property Underwriting.Your RoleManaging a large portfolio of brokers with a strong focus on building relationships, you'll design, develop, and implement tailored underwriting solutions for ISR...


  • Melbourne, Victoria, Australia CGU Insurance Full time

    Overview Property Underwriter role at CGU Insurance. We're ready for you Join the largest general insurance group in Australia and New Zealand as a Consultant, Property Underwriting. Your Role Managing a large portfolio of brokers with a strong focus on building relationships, you'll design, develop, and implement tailored underwriting solutions for...


  • Melbourne, Australia IAG New Zealand Full time

    We’re ready for you! Join the largest general insurance group in Australia and New Zealand a Consultant, Property Underwriting. **Your Role** Managing a large portfolio of brokers with a strong focus on building relationships, you'll design, develop, and implement tailored underwriting solutions for ISR property risks. This includes determining the...


  • Melbourne, Victoria, Australia Chubb Full time

    Join to apply for the Underwriter / Senior Property Underwriter, VIC role at Chubb2 days ago Be among the first 25 applicants Join to apply for the Underwriter / Senior Property Underwriter, VIC role at Chubb Job Description Chubb celebrates diversity by fostering an inclusive, flexible and equitable workplace.We support applications from all members of our...