Insurance Underwriter Career Opportunities
7 days ago
Zurich Australian Insurance Ltd. is a leading insurer with a strong presence in the Australian market. We're passionate about delivering exceptional customer experiences and providing innovative insurance solutions to meet the evolving needs of our customers.
About the Role:
We are seeking an experienced Assistant Commercial and Insurance Underwriter to join our team, working on a portfolio of domestic Real Estate risks in accordance with Zurich guidelines. As an underwriter, you'll play a key role in developing your career with our broker partners and customers, taking a solution-oriented approach to underwriting complex assignments.
Key Responsibilities:
- Underwrite and analyse new and renewal business within delegated authority levels, ensuring compliance with insurance laws and regulations.
- Administer and monitor underwriting Guidelines while collaborating with Line of Business representatives on referrals and other business-related needs.
- Develop relationships with cedants & brokers in support of business retention and acquisition, providing solutions for their insurance related needs.
- Negotiate Terms & Conditions and close deals, working closely with the Risk Engineering/Claims and Customer Teams as required.
- Cross-Sell other lines of business to increase product density with the account, handling and reviewing large/complex underwriting submissions and annual underwriting reviews.
Requirements:
- An accredited degree or similar Insurance qualifications.
- Experience of working for Insurer/Reinsurer on Real Estate/Property business (or similar technical lines) would be beneficial but not essential.
- Experience working in multinational insurance business, knowledge of insurance policy wordings, equivalent broker and market clauses.
- A disciplined approach to exposure evaluation, risk assessment, and pricing, additional language skills in addition to English an asset.
Benefits:
- A competitive salary of $120,000 - $150,000 per annum, plus benefits.
- 12% defined non-contributory pension scheme.
- Annual company bonus.
- Income Protection.
- Life cover - four times your salary.
- 25 days holiday a year plus bank holidays.
- Three days paid volunteering.
- Up to 16 weeks' full pay for maternity, paternity, and adoption leave.
- Access to Private medical insurance.
- Virtual GP appointments.
- Discounted gym membership.
- Free flu jab.
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