- Permanent opportunity for an Underwriter in the Vero Victorian Liability Underwriting team
- Contribute to a fun, collaborative and supportive culture with a focus on client service and underwriting profitability
- Actively collaborate across the team, the State and Vero’s broader business to achieve our growth ambitions, strategic goals and action plans
- Melbourne CBD location
Your Purpose:
The successful Liability Underwriter will perform the day to day operational underwriting functions within Vero’s State Underwriting team through the underwriting and negotiating of individual policy renewals, new business and mid-term policy adjustments in accordance with their Delegated Underwriting Authority (DUA). This Underwriting role will contribute 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 Vero’s Liability Product(s).
The successful Liability 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:
- Deliver exceptional customer service to Vero’s broker clients.
- Underwrite with priority renewal Liability 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
- Working with State Intermediary teams to enhance and maintain strong intermediary relationships and engagement.
What you will bring:
- Minimum 3 years' experience in the Insurance market
- Demonstrated ability to influence and negotiate in commercial settings to achieve mutually beneficial outcomes.
- Highly developed interpersonal skills to build lasting professional relationships with internal and external stakeholders.
- Understanding of relevant Insurance products, industry, market environment, reinsurance structures and customer segment is desirable.
- Strong time management skills, keen initiative and attention to detail, allowing you to adhere to Vero’s Risk Appetite, Delegated Underwriting Authority (DUA), Underwriting Guidelines and Business Licence.
Culture:
Working as a 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.
Employee benefits | Suncorp Group
If this role sounds like the challenge you have been looking for please submit an application online today.
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.
For more information or if you require any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact Annette_frasca@suncorp.com.au for a confidential conversation.
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Advertised: AUS Eastern Daylight Time
Applications close: AUS Eastern Daylight Time