At a Glance
- Tasks: Manage commercial underwriting and support the distribution team for profitable growth.
- Company: Join Suncorp, a leading financial services group in Australia and New Zealand.
- Benefits: Enjoy flexible leave, insurance cover, and $250 for flexible benefits annually.
- Why this job: Be part of a diverse team that values individuality and offers career development.
- Qualifications: 5 years of experience in commercial underwriting and strong customer focus required.
- Other info: Flexible work arrangements and ongoing learning opportunities available.
The predicted salary is between 36000 - 60000 £ per year.
Take the next step. Be part of something bigger at Suncorp. Are you ready to Chase the Sun by pursuing a career with Suncorp New Zealand? As part of one of Australia’s and New Zealand’s leading financial services groups, you’ll help us live our purpose every day – to build futures and protect what matters – for our customers, our communities and each other. And you’ll be supported to grow your own future further too, backed by a culture of continuous improvement, empowerment, and flexibility.
We are looking for two Business Underwriters to join our growing team to manage and maintain property and reinsurance activities within the Commercial Underwriting and market pricing centre of excellence.
Your key responsibilities will include:
- Manage commercial business underwriting, including risk selection, referrals, submissions, and authorisations.
- Lead and manage facultative reinsurance purchases, processes, systems, and placements.
- Support distribution team in making informed underwriting decisions to achieve profitable growth.
- Drive value for commercial customers and business partners, ensuring a smooth and efficient experience.
- Promote teamwork within portfolio and product teams, and across Suncorp NZ, to leverage knowledge and maximise outcomes.
- Foster a strong performance and risk management culture.
- Develop distribution team members through effective feedback and training.
- Contribute to commercial audits and quality assurance programs.
What you will need to succeed:
- 5 years industry experience in a commercial underwriting role
- Strong understanding of the NZ commercial sector
- Exemplary customer focus
- Strong interpersonal skills and a demonstrated ability to effectively resolve conflict
- Innovation skills, consultation, influencing and negotiation capability
- The ability to provide sound strategic advice and provide mentoring/coaching to others
What we can offer you:
- Free life, salary continuance and trauma insurance cover.
- Discounts on Vero & Southern Cross medical insurance.
- Flexible leave, starts at 2 days per year in addition to annual leave.
- Positive, inclusive team environment where we welcome individuality and celebrate diversity.
- Flexible work arrangements embracing a healthy work/life balance.
- $250 annually for flexible benefits.
- Ongoing learning and development opportunities.
- Opportunity to join the employee share plan.
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.
If you require more information or any support and adjustments to participate equitably in our recruitment process or in the workplace, we encourage you to contact ana.jarrens@suncorp.com.au for a confidential conversation. If this role sounds like the perfect fit for you, apply online today!
Business Property Underwriter employer: Monash University
Contact Detail:
Monash University Recruiting Team
ana.jarrens@suncorp.com.au
StudySmarter Expert Advice 🤫
We think this is how you could land Business Property Underwriter
✨Tip Number 1
Familiarise yourself with the New Zealand commercial sector. Understanding the nuances of the market will not only help you in interviews but also demonstrate your commitment to the role and the company.
✨Tip Number 2
Network with professionals in the underwriting field. Attend industry events or join relevant online forums to connect with others who can provide insights and potentially refer you to opportunities at Suncorp.
✨Tip Number 3
Prepare to discuss your experience in risk selection and reinsurance processes. Be ready to share specific examples of how you've successfully managed these areas in previous roles, as this will be crucial for the position.
✨Tip Number 4
Showcase your interpersonal skills during the interview. Since the role requires effective conflict resolution and teamwork, be prepared to discuss situations where you've successfully navigated challenges with colleagues or clients.
We think you need these skills to ace Business Property Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in commercial underwriting. Emphasise your 5 years of industry experience and any specific achievements that demonstrate your understanding of the NZ commercial sector.
Craft a Compelling Cover Letter: Write a cover letter that showcases your customer focus and interpersonal skills. Mention how you can contribute to Suncorp's goals, particularly in managing risk selection and supporting the distribution team.
Highlight Relevant Skills: In your application, clearly outline your innovation skills, negotiation capabilities, and any experience in mentoring or coaching others. This will show that you can foster a strong performance culture within the team.
Show Enthusiasm for Company Culture: Express your alignment with Suncorp's values of diversity, inclusion, and continuous improvement. Mention how you appreciate their flexible work arrangements and commitment to employee development, which resonates with your career aspirations.
How to prepare for a job interview at Monash University
✨Showcase Your Industry Experience
With 5 years of industry experience required, be prepared to discuss specific examples from your past roles. Highlight your achievements in commercial underwriting and how they relate to the responsibilities outlined in the job description.
✨Demonstrate Customer Focus
Suncorp values exemplary customer focus, so think of instances where you went above and beyond for clients. Be ready to explain how you resolved conflicts and ensured a smooth experience for customers and business partners.
✨Emphasise Teamwork and Collaboration
The role requires promoting teamwork within portfolio and product teams. Prepare to share examples of how you've successfully collaborated with others, leveraged knowledge, and maximised outcomes in previous positions.
✨Prepare for Strategic Discussions
As the role involves providing sound strategic advice, brush up on your negotiation and consultation skills. Be ready to discuss how you've influenced decisions in the past and how you can contribute to Suncorp's goals.