Senior Underwriter Fleet Motor

5 months ago

Brisbane City, Australia Vero Insurance Full time
Jobs - Job Details - Senior Underwriter Fleet Motor

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Senior Underwriter Fleet Motor

Job No: 672372

Melbourne - Inner Suburbs & CBD

Permanent Full Time

Insurance

Pay Band 5

Permanent roleContribute to a strong collaborative and supportive culture with a focus on underwriting profitabilityWorking with State Intermediary teams to enhance and maintain strong intermediary relationships and engagementMelbourne CBD location

The role of Senior Underwriting is to ensure that quality, sustainable and profitable business is established for the product through the execution of a high degree of technical expertise. The role contributes to the execution of the Commercial Portfolio Strategy through the application of product, pricing, customer retention and acquisition strategies to deliver the targeted Insurance Trading Result (ITR) for the Product(s) in accordance to the Delegated Underwriting Authority (DUA).

The Senior Underwriting grows and develops key intermediary relationships, delivers exceptional customer service, and facilitates multiline opportunities. The role collaborates across teams, removes blockages to performance and proactively looks for ways to simplify and improve the underwriting process.

The role is also responsible for the development of local Underwriting capability through the coaching and mentoring of Underwriters.

Key Responsibilities include but not limited to:

Monitor their allocated Portfolio against all budgeted KPI’s – Renewal & New Business MTD & YTD, GWP & ITRSubject matter expert for the immediate team and senior referral point for product within the stateAssist in the development and execution of agreed Product StrategyMonitor Underwriter adherence to agreed Product Underwriting ProcessMonitor execution of strategy and agreed process in key Product areas – i.e. Surveys, Facultative Reinsurance, Processing to MainframeFacilitation of multi-line opportunities as appropriate.

Skills & Experience:

Minimum 10 years commercial experience in insurance, coupled with relevant qualificationsMinimum 10 years Commercial Motor fleet underwriting experience in insuranceDemonstrated knowledge of portfolio, underwriting and pricing practices and policiesStrong market presence and well-established relationships with our intermediariesUnderstanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segmentAbility to underwrite at an advanced level in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business Licence Ability to use technical product knowledge to set terms and conditions and determines their acceptability in comparison to risk appetite for each customer.

 Culture:

Working as part of the Suncorp Group you will have access to an unparalleled range of job opportunities across insurance and corporate services. We promote a high-performance culture where people are rewarded for effort and dedication. We recognise and value commitment and encourage our people to maintain a healthy balance between their career and personal time. Suncorp has been awarded Employer of Choice for Gender Equality (EOCGE) by the Workplace Gender Equality Agency (WGEA) for seven years in a row.

If this role sounds like the challenge you have been looking for please submit an application online today. For more information please contact 

We believe we are at our best when our workforce is as diverse, talented and passionate as the communities in which we live and operate, and where our people feel included, valued and connected. We are passionate about inspiring our people by creating a diverse, accessible, and inclusive culture, offering flexible work, career development and internal mobility, and building connected relationships amongst our team members and with our customers.

If you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact for a confidential conversation.

Advertised: 12 Jul 2024 AUS Eastern Standard Time
Applications close: 02 Aug 2024 AUS Eastern Standard Time

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