Commercial Lines Underwriter

Agents, brokers and direct customers all buy through our platforms, with policy administration on Guidewire. Founded as a farmers' mutual in 1948, the company is now one of the larger mutual insurers in Australia.

Job summary

This is a new position created as the team has grown over the last year. This role balances growth with profitability. You will be measured on new business, retention and loss ratio. Our headquarters is in Sydney, and about a third of the team works remotely from other countries. Employment is through our payroll partner in Egypt. Salary is paid monthly in local currency. Core hours overlap with Sydney business hours until mid-afternoon. Strong written English is important, since much of our work is async.

What you'll be doing

• Visit agencies to build relationships and explain our appetite
• Follow underwriting guidelines and state filing requirements
• Review submissions for risk quality, completeness and appetite fit
• Mentor underwriting assistants and trainees
• Refer accounts above your authority with a clear recommendation
• Track production, hit ratio and loss ratio for your book monthly
• Negotiate terms, deductibles and pricing with agents

What you need

• 3+ years of commercial lines underwriting experience
• Experience reading loss runs, schedules and financial statements
• Working knowledge of commercial property, liability and auto coverage forms
• Bachelor's degree in business, finance, risk management or a related field
• Familiar with Guidewire, Duck Creek or a similar policy system
• Comfortable negotiating with agents
• Strong judgment on risk selection and pricing

Preferred qualifications

• Excel modelling for pricing
• Construction or manufacturing account experience
• Excess and umbrella underwriting

Benefits

• 24 days paid time off
• Paid sick days
• Public holidays observed per your country

The posting will close once we have a strong shortlist.

Tell us your notice period and what salary you are looking for.

Start: Immediately.

Demo job created on 11jobs for testing and demonstrations. It is not an actual opening at Harbour Mutual.