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- Permanent opportunity
- Reporting directly to the Underwriting Manager - Property
- Coach and mentor Underwriters in all aspects of technical underwriting and delivery
- Sydney CBD location
The Senior Property Underwriter performs day to day operational underwriting functions within a State Underwriting and Distribution team through the underwriting and negotiating of individual policy renewals, new business and mid term policy adjustments. 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 in accordance with the Delegated Underwriting Authority (DUA). The Senior Property Underwriter, in collaboration with colleagues will grow and develop key intermediary relationships, deliver exceptional customer service and where appropriate, help facilitate multiline opportunities. The role collaborates across teams, removes blockages to performance, escalates issues and proactively looks for ways to simplify and improve the underwriting process.
What you'll do (not limited to):
- Confidently discuss product fundamentals, risk appetite and communicate underwriting decisions to brokers and clients
- Recognise patterns/causes in the claims history and investigate any subsequent mitigation efforts undertaken to rectify the issues
- Assess ISR renewal and new business risks in accordance with the company appetite
- Engage with all stakeholders in respect of Risk Engineering activities
- Meet with large corporate clients including potentially, site visits and broker/client presentations
- Negotiate and arrange facultative reinsurance
- Provide valuable feedback to the team in respect of technical product matters, market trends and ways to improve plus dealing with referrals
- Identify potential problematic risk specific exposures and risk management issues and communicate to the broker and/or customer.
What you will bring:
- Minimum of 5 years of Property underwriting experience
- Demonstrated ability to influence in the commercial Broker insurance market to achieve mutually beneficial outcomes
- Active member and involvement in appropriate industry groups
- Understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segments
- Ability to underwrite at an advanced level in accordance with Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business Licence
- Passion and desire to be part of a high performing team.
What's in it for you:
- Competitive salary package
- Discounts of up to 25% on our various Insurance, Banking & Superannuation products
- Flexible working environment and arrangements; genuine focus on work-life balance
- Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
- We offer support and various programs for our people: (Employee Assistance Program (EAP), Health & Wellbeing, Study Support, Employee Referral Program, Facilities for nursing mothers, Company share options, Social club, Years of Service Recognition).
What you will love about working with us:
Better outcomes for customers takes innovation, care and a laser focus. As part of the Suncorp Group, we're the go-getters working at the heart of some of Australia and New Zealand's most trusted names in banking and insurance to deliver just that - and then some. Here, you'll be equipped with all kinds of support and opportunities to make an impact, because our commitment to brightening lives extends to all our incredible people too. And in an organisation that measures success through the results we deliver for our customers, communities and each other, you'll thrive knowing you're making a genuine difference along the way. 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, apply online today. For further information contact Annette_frasca@suncorp.com.au
