Financial Lines Underwriter, VIC

• Follows established guidelines and within the scope of delegated authority, determines acceptability of new lines and renewals.
• Utilises appropriate endorsements and applies adequate pricing structure.
• Consults with manager on risks exceeding delegated authority.
• Maintains awareness of claim activity with assigned book and communicates with adjusters as needed.
• Monitors underwriting results and premium and loss trends.
• Oversees underwriting judgement and authority of less experienced members of staff.

• Analyses and monitors quality, volume and mix of business for assigned producers.
• Reviews performance reports, enforce accounts, and makes quality-control recommendations.
• Visits producers and insureds alone and with senior staff in order to communicate department philosophy and increase market share.
• Increase producers awareness of appetite, products and advantages through product presentations.
• Participates in joint travel with members of other underwriting departments. When appropriate, participates in department presentations to prospective producers.
• Establishes and maintains travel program with less experienced staff in order to assist in development of marketing techniques.
• Active participation in business development activities, including drafting and distribution of market letters to key producers.

• Adheres to established department service goals, anticipates and responds to needs of producers, identifies and reports deficiencies and suggests changes for improvements.
• Utilises statistical reports to monitor service goals, observes service goals of less experienced members of staff and makes constructive suggestions for improvement.

• At least 3 years of insurance or underwriting experience.
• Working knowledge of financial institutions sector and or knowledge of financial lines insurance.
• High degree of technical underwriting ability; oral and written communication, negotiation and presentation skills.

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