Engineering Underwriter
Job No: 673320
Brisbane - Inner Suburbs & CBD
Permanent Full Time
Insurance
Pay Band 4
Permanent role Brisbane CBD location / Hybrid wfh
The Underwriter performs day to day operational underwriting functions within a State Underwriting team through the underwriting and negotiating of individual policy renewals, new business and mid term policy adjustments in accordance with the Delegated Underwriting Authority (DUA).
The role contributes within the State 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).
The Underwriter in collaboration with Distribution colleagues will grow and develop key intermediary relationships and deliver exceptional customer service. The role collaborates with other teams, removes any blockages to performance, escalates issues and proactively looks for ways to simplify and improve the underwriting process.
What you'll do: Underwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve the strategic and financial goals of the Commercial Portfolio strategyConduct renewal reviews to ensure business is re-underwritten in alignment with current underwriting, selection and pricing guidelines and implement corrective or remedial actions when appropriateUnderwrite new business in alignment with current underwriting, selection and pricing guidelinesMonitor ongoing policy performance to identify opportunities for remedial or corrective underwritingUnderwrite using approved tools and in complete alignment with agreed underwriting processes and guidelines. What you'll bring: Minimum of 3 years of experience in the Insurance market - desiredDemonstrated ability to influence in the commercial Broker and Adviser insurance market to achieve mutually beneficial outcomesUnderstanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segmentAbility to underwrite in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business LicenceUnderstanding and utilisation of underwriting tools, resources, processes and guidelines. Our culture:
Working as part of Suncorp 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: 06 Dec 2024 AUS Eastern Daylight Time
Applications close: 06 Jan 2025 AUS Eastern Daylight Time
#J-18808-Ljbffr