Underwriting Manager
Confidential JobsJob Description
To lead and manage underwriting operations across all non-motor lines of general insurance business by assessing risk exposures, ensuring profitable portfolio growth, maintaining underwriting discipline, supporting business development initiatives, and ensuring compliance with regulatory and company underwriting guidelines. - Underwrite and manage risks across Property, Engineering, Marine, Liability, and Financial Lines portfolios. - Assess risk submissions, financials, claims history, survey reports, and underwriting exposures to determine acceptance, pricing, terms, and coverage. - Approve risks within delegated authority and refer complex or high-value cases to senior management or reinsurers. - Monitor portfolio performance, profitability, loss ratios, retention, and risk accumulations, implementing corrective actions where required. - Develop and maintain sound underwriting and pricing strategies aligned with business objectives and market conditions. - Manage facultative reinsurance placements and maintain effective relationships with reinsurers and brokers. - Support treaty renewals, reinsurance submissions, and compliance with treaty guidelines. - Review risk surveys and recommend risk-improvement and loss-prevention measures. - Evaluate catastrophe exposures and ensure effective portfolio risk diversification. - Collaborate with brokers, clients, and sales teams to drive profitable growth and retention. - Provide technical underwriting support for business development, product enhancement, and market expansion initiatives. - Ensure accurate policy issuance, renewals, endorsements, cancellations, and maintenance of underwriting documentation. - Support complex claims assessment by analyzing claims trends and providing underwriting expertise. - Ensure compliance with regulatory requirements, underwriting guidelines, audit standards, and risk management frameworks. - Lead, coach, and develop underwriting team members while promoting underwriting excellence and best practices. Pre-requisite - Bachelor's Degree in Insurance, Finance, Business Administration, Engineering, Commerce, or related field. - Professional insurance qualifications preferred: - ACII / FCII - CPCU & ANZIIF - 8-15 years of experience in General Insurance underwriting. - Minimum 5 years of experience managing non-motor underwriting portfolios. - Experience across multiple commercial and corporate insurance classes. - Excellent communication skills, both written and English
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