Financial Lines Underwriter

An established agency is seeking an Underwriter to join their supportive, inclusive and friendly team in Melbourne, focusing on financial lines for engineering risks.

Key Responsibilities:

Interview brokers to identify their insurance needs and risk profiles. Seek out, assess and convert new business opportunities in conjunction with Underwriting appetites, authorities and philosophies

Explain insurance products, coverage, premiums, and policy conditions in clear terms

Work in a cohesive manner within a small team of underwriters and administrative staff

Ongoing day to day management of business including referrals, quotes, policy documentation, endorsements, broker enquiries etc. while at all times adhering to the Service Standard guidelines

Calculate premiums and establish methods of payment in line with underwriting guidelines

Review client circumstances and policy renewals to ensure cover remains appropriate

Record and maintain accurate information about clients, policies, and renewals

Settle and monitor claims in coordination with insurers, ensuring satisfactory outcomes

Identify potential new clients and business opportunities, follow up leads, and prepare quotations

Attend marketing functions and broker presentations as necessary and/or requested by the Underwriting Manager. This may include interstate and overnight travel, and after-hours networking

Keep up to date with changes in the insurance industry, financial lines, and risk trends, and provide informed advice to clients and brokers

Benefits:

Hybrid working - 2 days in office / 3 from home

Competitive salary + bonus

Modern office space with supportive and social work culture 

Flexible working, will look at 4 days a week

About You:

At least 5 years’ relevant insurance experience, ideally in underwriting or financial lines

Intermediate to advanced Microsoft Office skills

Excellent verbal and written communication

Strong negotiation, decision-making, and client relationship management skills

Professional insurance qualifications (e.g. CIP, ANZIIF) will be highly regarded

Client facing experience 

This position is perfect for a dynamic, experienced individual eager to take the next step in their professional journey whilst working in a flexible and inclusive environment. If this sounds of interest please apply now, or contact Steph on 0411 915 873 or email [email protected]