SME Underwriter
Sydney, Australia Accounting / Management control
Job description
At Allianz, we’re proud to be named one of the Best Workplaces in Australia 2024 and a Great Place to Work. We’re one of the world’s leading insurance and asset management brands, with a workforce as diverse as the world around us, which is why we hire the very best people to further our commitment to securing the future for our people and customers.
We offer an inclusive workplace where everyone feels like they belong, while promoting a culture of lifelong learning, development, and global mobility. Join us and share your ideas, be inspired, give back to the community and feel proud to be a part an organisation doing meaningful work that matters while supporting sustainability, mental health, and well-being.
Let’s care for tomorrow, so we can create a better future together, for everyone.
The Role
Allianz have an exciting opportunity to join our SME Underwriting team as an SME Underwriter where you will be responsible for providing a high level of underwriting service to our broker stakeholders and working collaboratively with our broader underwriting and distribution teams to ensure appropriate underwriting decisions are made. This role will suit a candidate who has had experience in underwriting SME Packages and Commercial Motor, has excellent broker management and influencing skills, and is looking to progress their career.
You'll be responsible for:
· Manage electronic referrals received via Sunrise;
· Manage new business requests, renewal management and the processing of endorsements and amendments as requested;
· Work closely with both the management team and the broader business, you will ensure that tasks are managed according to agreed service standard;
· Work effectively within the underwriting team to convert quality business to achieve profitable growth;
· Submit ideas on how we can improve our underwriting approach to deliver objectives;
· Monitor performance to ensure key financial indicators are achieved, namely GWP, Leakage and Profit measures;
· Maximise retention of preferred accounts and review renewal and new business in conjunction with internal and external stakeholder requirements;
· Where appropriate and requested, engage face to face with local Brokers alongside distribution and underwriting staff to build relationships and partnerships;
· Underwrite insurance risks in area of responsibility, adhering to underwriting guidelines and standards, as per delegated authority limits;
· Make recommendations on risks that exceed own authority and prepare escalations (sign-off) ensuring referral is accurate, thorough and balanced in terms of achieving desired profitable growth;
· Build and maintain relationships with key stakeholders within Small to Medium Enterprise (SME), Commercial and other Allianz divisions;
· Ensure all key compliance and contract certainty requirements are adhered to such as training courses and peer reviews, and constantly seek opportunities for process improvement.
Important to your success:
· A passion for providing a quality and responsive service to our internal and external customers;
· Excellent stakeholder management skills with the ability to both build relationships and influence at all levels;
· Self-motivated with the ability to work in an autonomous environment;
· Ability to positively influence the team.
· Experience in an operational, commercial underwriting role with exposure to at least a couple of annual underwriting cycles.
· Adept at proactively building and maintaining professional relationships and networks to enhance industry positioning, exchange knowledge and elicit beneficial outcomes.
· Ability to plan and prioritise effectively, organise tasks and manage competing resources and demands.
· Pays high attention to detail by completing tasks with thoroughness and accuracy and must have the ability to quickly identify errors or inconsistencies within information.
· Excellent verbal and written communication skills, capable of communicating with clarity, impact and influence.
Benefits and perks
· Inclusive Culture: Join a supportive, open-minded team focused on customer outcomes, bringing your authentic self to work every day!
· Flexible Work-Life Balance: Enjoy flexible and remote work options and workplace adjustments, with support for your work/life balance.
· Career Development: Access mentoring, development and global mobility opportunities for growth and success, including access to over 10,000 learning resources.
· Financial and Well-being Perks: Enjoy discounts on Allianz products, retail, tech, and travel, plus financial wellness initiatives and the Employee Share Purchase Program- own a piece of your employer!
· For more details about our benefits, visit the Allianz Careers site.
About our culture
We care about everything that makes you, you. We believe in an equitable workplace that celebrates diversity and inclusion, where people of all genders, ages, religions, sexual orientations, and abilities are not only welcomed but valued for the perspectives and talents they bring to work. We’re committed to fostering an environment where everyone can thrive, grow, and contribute their unique perspectives to our collective success and reach their fullest potential.
Adjustments and support
If you require any support and adjustments to participate equitably in our recruitment process, we encourage you to reach out to careers@allianz.com.au for a confidential conversation.
Join us. Let’s care for tomorrow. www.allianz.com.au/careers
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.