Financial Lines Underwriter
17 hours ago
At Procover, we specialise in protecting professional exposure through tailored financial lines insurance solutions. As a leading underwriting agency and a proud member of the Steadfast Group, we offer a comprehensive suite of products across construction, engineering, IT, and miscellaneous risks — including hard-to-place risks.
With access to over 20 Lloyd's markets and a strong reputation built over more than a decade, we empower brokers and clients with fast, reliable, and expert underwriting support. Our team is known for its agility, deep industry knowledge, and commitment to delivering exceptional service, from initial placement to claims resolution.
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
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, Procover 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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