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Lead the national Intermediated Strata underwriting team to drive profitable growth and increase market share. Responsible for executing product strategies, managing financial performance, and strengthening broker relationships.
Requirements
Requires a minimum of 10 years of commercial underwriting experience specifically in Intermediated Strata insurance. Must have a proven track record of leading national teams and meeting GWP and profitability targets.
Full job description
Permanent full-time position
Sydney, Brisbane or Melbourne CBD locations
Flexible working and hybrid work environment
Lead a team of highly engaged and motivated underwriting specialists
The crucial role of Intermediated Strata UW Lead is responsible for the underwriting execution and financial performance of the Intermediated Strata product. This role also involves managing the national Intermediated Strata underwriting team to ensure key financial targets are achieved to drive profitable growth and increase market share.
What you’ll do:
Develop, deliver and execute a cohesive UW plan and service/value proposition to our intermediaries through the execution of the Intermediated Strata product strategy
Emphasize solution-oriented underwriting by excelling in customer service fundamentals, standardizing underwriting practices across the national team, setting clear expectations for service levels (e.g. turnaround times, submission acknowledgement, accessibility and responsiveness, etc), and implementing processes to accurately evaluate and manage opportunities
Deliver, and continually improve (in consultation with the Intermediated Strata portfolio manager), the Intermediated Strata product strategies (including but not limited to, target markets/key brokers, product differentiation, appetite, UW execution strategy, risk engineering, reinsurance, technology, etc)
Day to day operational underwriting functions within the national Intermediated Strata team through the underwriting and negotiating of individual policy renewals, new business and mid-term policy adjustments
Work closely with Distribution to build VSL/Intermediated Strata market awareness and strengthen broker relationships to ensure a seamless experience for our intermediaries and mutual clients.
What you’ll bring:
Minimum 10 years commercial underwriting experience in Intermediated Strata insurance and ability to demonstrate strong technical product knowledge
Proven experience in leading, managing and developing national underwriting teams
Strong understanding of intermediary markets (including broker relationships), underwriting principles, and insurance products
Demonstrated ability to meet budgeted GWP and profitability targets, whilst adhering to required risk and governance processes.
What we can offer:
A range of flexible working and leave options, including 20 weeks paid parental leave, 4 weeks paid secondary carer parental leave and unlimited paid emergency response leave
Discounts and offers on a range of retail favourite stores as well as insurance products
Give back to our communities with payroll giving, donation matching and paid volunteer leave
Invest in your brighter future with ongoing study support and career development programs; and
Prioritise your work/life balance with our robust employee assistance program and dedicated employee council.
At Suncorp we believe we are 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 support, adjustments or more information please contact [email protected]
Related keywords
Intermediated StrataUnderwritingGWPProfitability TargetsInsurance ProductsRisk ManagementBroker MarketsProduct DifferentiationUnderwriting ExecutionCommercial InsuranceVeroSuncorp Group
Since 1902, Suncorp has been building futures and protecting what matters.
Industry
Insurance
Company size
10,001+ employees
Headquarters
Brisbane, Brisbane
LinkedIn followers
153,962
Suncorp offers insurance products and services through some of Australia and New Zealand’s most recognised brands. Our purpose is to build futures and protect what matters – the focus of our company for more than 100 years.
With the passion of our people, and our portfolio of brands including AAMI, GIO, Vero, Bingle, Apia and more, our ambition is to be the leading Trans-Tasman insurer. We put our customers at the heart of every decision, and we genuinely care about our customers and the communities in which they live.
At Suncorp, we are big on culture, which is why ours is built on trust, empowerment, and flexibility, to help our people unlock their full potential and unleash their best and brightest selves. A career with us is more than just a job, it is an opportunity to positively impact the lives of thousands of people through the work you do each day.
Offices: 80 Ann St, Brisbane, Brisbane 4000, AU · 48 Shortland St, Auckland, 1010, NZ · 1 King William St, Adelaide, South Australia 5000, AU · 10 Shelley Street, Sydney, NSW 2000, AU · 530 Collins Street, Melbourne, VIC 3000, AU
General InsuranceWealth ManagementEmployee BenefitsFinanceBankingInsuranceFinancial ServicesFinancial Exchanges
Since 1902, Suncorp has been building futures and protecting what matters.
Industry
Insurance
Company size
10,001+ employees
Headquarters
Brisbane, Brisbane
LinkedIn followers
153,962
Suncorp offers insurance products and services through some of Australia and New Zealand’s most recognised brands. Our purpose is to build futures and protect what matters – the focus of our company for more than 100 years.
With the passion of our people, and our portfolio of brands including AAMI, GIO, Vero, Bingle, Apia and more, our ambition is to be the leading Trans-Tasman insurer. We put our customers at the heart of every decision, and we genuinely care about our customers and the communities in which they live.
At Suncorp, we are big on culture, which is why ours is built on trust, empowerment, and flexibility, to help our people unlock their full potential and unleash their best and brightest selves. A career with us is more than just a job, it is an opportunity to positively impact the lives of thousands of people through the work you do each day.
Offices: 80 Ann St, Brisbane, Brisbane 4000, AU · 48 Shortland St, Auckland, 1010, NZ · 1 King William St, Adelaide, South Australia 5000, AU · 10 Shelley Street, Sydney, NSW 2000, AU · 530 Collins Street, Melbourne, VIC 3000, AU
General InsuranceWealth ManagementEmployee BenefitsFinanceBankingInsuranceFinancial ServicesFinancial Exchanges