Financial Lines Underwriter

5 days ago


Melbourne, Victoria, Australia Steadfast HRIS Full time $80,000 - $120,000 per year
Introduction

This opportunity is with Miramar Underwriting Agency, a general insurance underwriting agency that provides business insurance solutions tailored to the client needs of general insurance brokers. As a wholly owned subsidiary of Steadfast Group Pty Ked, we act on behalf of a number of insurance companies in Australia and internationally. Our aim is to provide innovative solutions for property, liability and engineering risks to protect businesses against financial loss. 

About the Opportunity

As a Financial Lines Underwriter, you will be responsible for underwriting new and renewal business across Professional Indemnity, Management Liability, and related products. You'll work closely with brokers, contribute to portfolio growth, and support the team in delivering high-quality underwriting decisions. This role offers the opportunity to deepen technical expertise and develop toward a senior underwriting career path.

Key Responsibilities

  • Underwrite Financial Lines risks in accordance with underwriting guidelines and delegated authority.
  • Assess and price new business and renewals, ensuring alignment with portfolio strategy.
  • Support broker relationships through responsive service and clear communication.
  • Assist in identifying new business opportunities and contribute to retention efforts.
  • Maintain accurate underwriting records and ensure timely policy issuance.
  • Participate in team discussions and contribute to continuous improvement initiatives.
  • Collaborate with senior underwriters on complex risks and referrals.
  • Stay informed on market trends, regulatory changes, and competitor activity.
  • Support internal projects and initiatives as required (e.g., system enhancements, product reviews).

Skills and Qualifications

  • 2–5 years' experience in Financial Lines underwriting or a related insurance role.
  • Working knowledge of Professional Indemnity, Management Liability, and/or D&O products.
  • Strong analytical and decision-making skills.
  • Excellent communication and relationship-building abilities.
  • Ability to manage time effectively and prioritise tasks.
  • Commercial mindset with attention to detail.
  • Progress toward or completion of relevant insurance qualifications (e.g., ANZIIF).
  • Exposure to Lloyd's market or binder arrangements.
  • Experience working with brokers or intermediaries.
  • Interest in automation, underwriting technology, or process improvement

Benefits

As a valued member of the Steadfast team, you'll enjoy a comprehensive array of benefits tailored to support your professional and personal well-being. Joining Steadfast means gaining access to:

  • Hybrid working arrangements to help you balance work and home life.
  • Career advancement opportunities and professional development through training programs, mentorship initiatives, and tuition reimbursement. We also partner with ANZIIF for accreditation and qualifications.
  • Free company provided Life, Temporary Permanent Disablement, Salary Continuance and Travel insurances, plus access to other discounted insurances.
  • An expansive Health and Wellbeing program, which includes free annual health checks, free annual skin checks, Flu shots, holistic support and advice, and confidential counselling.
  • Working in a vibrant and collegiate culture where you are a person, and your contribution is valued.

About Us

Miramar believe that businesses should have access to insurance solutions that are as individual as they are. Far from a one-size-fits-all approach, we think outside the box to deliver responsive service, intuitive advice and tailored policy coverage.

By valuing relationships and taking the time to truly understand your client's needs, you can trust that Miramar insurance solutions are the right one.

Our commitment to innovation, communication, and fit-for-purpose insurance ensures award-winning products that are recognised year after year by the brokers we work with.

Our parent company Steadfast are leaders of the general insurance broking and underwriting industry, and we lead from the front. We are proud of our diverse mix of people and skills, coming together across multiple business and business units to create the next generation thinking, systems and technologies that will drive the insurance sector forward.

As a wholly owned subsidiary of Steadfast, Miramar provides valuable opportunities to build meaningful career opportunities alongside some of the brightest and most influential people in the insurance industry.

To Apply

If Miramar and its people sound like the type of company you are looking for and the opportunity is of interest to you, please click on the link to apply today

We are always on the lookout for great talent, if you are interested in a confidential conversation regarding career opportunities, please email




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