Company

SuncorpSee more

addressAddressSydney, NSW
salary SalaryPermanent
CategoryAccounting & Finance

Job description

  • Permanent opportunity
  • Reporting directly to the Underwriting Manager
  • Coach and mentor Underwriters in all aspects of technical underwriting and delivery
  • Sydney CBD location
The Senior Underwriter performs day to day operational underwriting functions within a State Underwriting team through the underwriting of individual policy renewals, new business and mid-term policy adjustments. The role contributes to the execution of the Commercial Portfolio Strategy through the application within the State of product, pricing, customer retention and acquisition strategies to deliver the targeted Insurance Trading Result (ITR) for the Product(s)The Senior Underwriter will grow and develop key intermediary relationships, deliver exceptional customer service, collaborate with other teams, remove any blockages to performance, escalate issues and proactively look 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 strategy
  • Conduct renewal reviews to ensure business is re-underwritten in alignment with current underwriting, selection and pricing guidelines and implement corrective or remedial actions when appropriate
  • Underwrite new business in alignment with current underwriting, selection and pricing guidelines
  • Monitor ongoing policy performance to identify opportunities for remedial or corrective underwriting
  • Underwrite using approved tools and in complete alignment with agreed underwriting processes and guidelines.
What you will bring:
  • Minimum of 5 years of product underwriting experience
  • Demonstrated ability to influence in the commercial Broker and Adviser insurance market to achieve mutually beneficial outcomes
  • Active member and involvement in appropriate industry groups
  • Advanced ability in the understanding and articulation of Risk Appetite and provide guidance to less experienced underwriters on appetite and coverage queries
  • Good understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segment.
What's in it for you:
  • Competitive salary package
  • Discounts of up to 25% on our various Insurance 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.Chase the sun, apply online today. For further information contact
Refer code: 2019532. Suncorp - The previous day - 2024-04-13 02:52

Suncorp

Sydney, NSW
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