Address
Form of work- Permanent opportunity
- Contribute to a fun, collaborative and supportive culture with a focus on client service and underwriting profitability
- Work closely with Distribution to build broker relationship plans – visitations, pipelines etc
- Adelaide location
Your Purpose:
The role of Property Underwriting is to ensure that quality, sustainable and profitable business is established for the product through a 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 Property Underwriter in collaboration with Distribution colleagues 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.
What you’ll do:
- Monitor Portfolio against all budgeted KPI’s – Renewal & New Business MTD & YTD, GWP & ITR
- Subject matter expert for the immediate team
- Assist in the development and execution of agreed Product Strategy
- Monitor Underwriter adherence to agreed Product Underwriting Process
- Underwrite new and renewal business within the scope of individual Delegated Underwriting Authority to achieve the strategic and financial goals of the Commercial Portfolio strategy.
What you will bring:
- Minimum 5 years commercial experience in insurance, coupled with relevant qualifications
- Minimum 5 years Commercial Property underwriting experience in insurance
- Demonstrated knowledge of portfolio, underwriting and pricing practices and policies
- Understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segment
- Ability to underwrite at an advanced level in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business Licence.
Culture:
Working as part of the Suncorp Group you will have access to an unparalleled range of job opportunities across insurance, banking 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.
Employee benefits | Suncorp Group
Chase the sun today and submit an application online! For more information please contact Annette_frasca@suncorp.com.au
