Assistant, Property Underwriting - Melbourne, Australia - Insurance Australia Group LTD

Insurance Australia Group LTD

Verified Company

Melbourne, Australia

1 week ago

Posted by:

Olivia Brown

beBee Recruiter

Description

Assistant, Property Underwriting

Make a difference as an
Assistant, Property Underwriter
Join the largest insurance group in Australia and New Zealand. We're here for you. Are you ready?

YOUR ROLE

This is a brand-new role responsible for assisting the Business unit to underwrite and process Property business in order to achieve profit, growth and retention targets in line with the strategic objectives.

This is an excellent opportunity to make the move into the world of underwriting and make a positive impact with our broking partners.

You will be provided with training and guidance whilst developing your underwriting knowledge to become an experienced member of the team.

Career progression will certainly be an option for the right person.

This a full-time permanent opportunity and would be suitable for recent graduates, or those interested in pursuing a career in insurance.

We're looking for applicants based in
Melbourne.

**Your key responsibilities are:
- **Process and manage Property Policy adjustments, new business and renewals

Primarily accountable for assisting in the underwriting of renewal and new business risks by providing processing, administrative, and underwriting support whilst operating within specific risk acceptance authorities and guidelines.

Process requests include:

Policy inception, renewal, endorsement and lapse transactions via internal and broker platforms;
Updating data collection systems;
Generation and distribution of claims reports to internal and external customers;
Credit Control;
Data entry and analysis;
Generate engineering service requests.
Operate within team structures and workflow systems.

Portfolio Performance

The role is accountable for assisting the Business Unit in achieving renewal retention, and profitability targets in accordance with business objectives by actively assisting Underwriters, Lead Underwriters & Managers with day to day Policy Management.

Business Plan Objectives
To contribute to the achievement of annual performance objectives set for the Business Unit by:

By providing feedback on market pricing
Identifying competitor activity and providing feedback
By being reliable and focused in delivering delegated tasks

Manage and resolve credit services issues.
To support Credit Services in the collection of outstanding premium

Resolve Credit Services enquiries on a timely basis.
Action monthly credit control reports.
Consult with customers on credit issue.

Customer Relationships

This role is accountable for building and maintaining relationships with intermediaries and maintaining the CGU profile in the market place to assist with new business sales and renewal retention rates.

Attend external customer meetings as required.
Attend engineering surveys.

ABOUT YOU

Willing to ask questions and explore new ideas.
Eager to learn and improve technical skills.
Demonstrated verbal and written communication, collaboration and influencing skills with the ability to communicate effectively with internal and external stakeholders.
Sound analytical and judgement skills.
Ability to develop and maintain productive working relationships with all relevant stakeholders
Selfstarter who is willing to take the initiative.
Tertiary Degree/Diploma/Certificate
Insurance qualification at ANZIIF Associate level or Tertiary qualification in related financial field

Applications close on 16 February 2024.

ABOUT US

IAG is not only the largest general insurance group in Australia and New Zealand, underwriting over $AU13 billion of premium per annum, we're also a tech and research facility, a hub for climate change experts and a centre of resilience design.

We chat over coffee with customers, advocate for them in the corridors of Parliament and back them up in the community when life's moments hit hardest.

You'll know our brands - CGU, WFI, NRMA Insurance, AMI, NZI, and State Insurance to name a few.

Together they turn our IAG purpose of making your world safer into action by helping, supporting ambitions, and making insurance accessible.

When you join IAG, you're not joining one brand. You're joining a large purpose-led, Trans-Tasman group dedicated to making your world a safer place.

We're ready to grow your career, acknowledge every part of you, recognise your brilliance, lead you with purpose and help you live your own purpose through us.

At IAG you can enjoy:

Flexibility and support so you can live life to the full.
Grow your financial future with 13% superannuation as standard.
Flexibility to shift from your everyday role in times of crisis to support others.
Receive meaningful recognition through an awardwinning system.
Be part of a net zero business by 2050.

We're committed to the reconciliation movement in Australia for First Nations people and focus on providing a safe and supportive work environment for all our employees.

You can find our Reconciliation