Underwriter - Construction & Engineering

1 week ago


Auckland City, New Zealand Suncorp Group Full time

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 an Underwriter - Construction & Engineering to join our Business Insurance team. As part of this role, you will be responsible for operational underwriting functions, including policy renewals, new business, and midterm adjustments within Construction & Engineering products.

**Your key responsibilities will include**:

- Manage new and renewal business within DUA to align with Portfolio Strategy.
- Ensure policy renewals meet current guidelines and address any necessary actions.
- Monitor policy performance for improvement opportunities.
- Collaborate for multiline opportunities and support the Corporate & Commercial Portfolio Strategy.
- Support effective processing and simplification opportunities
- Support strategic goals through collaboration and participation in Underwriting faculty activities.
- Identify and pursue development opportunities to enhance underwriting skills.
- Manage non-underwriting risks and adhere to the Commercial Quality Assurance Framework.
- Ensure operations within DUA and contribute to product audits and reviews.

**What you will need to succeed**
- Minimum of 5 years of insurance industry experience across any of underwriting, broking, business development (BDC/BDM) or relevant Construction & Engineering industry experience (Engineer, QS, Construction Manager etc)
- Demonstrated ability to influence in the commercial insurance market
- In-depth knowledge of insurance products, market environment, and reinsurance.
- Skilled in underwriting, risk assessment, and regulatory trends.
- Ability to maintain and grow stakeholder relationships and market presence.
- Understands the regulatory bodies and the role they play
- Stays up to date with trends and future potential changes
- Trains others on current trends and future potential changes with the team

**What we can offer you**:

- Free life, salary continuance and trauma insurance cover.
- Discounts on Asteron Life & Vero 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.

**About Suncorp NZ**

We’re proud to be a part of the Suncorp Group family alongside some of Australia and New Zealand’s most trusted names in insurance - working together to bring about faster, simpler and better outcomes for our customers and corporate partners. Our commitment to strong, supportive partnerships extends to our people as well, and the opportunities and support we provide to help you thrive in your career with us. And with a shared customer-obsession and the digital capabilities to make a genuine difference, you’ll see the meaningful impact you can make for our customers and communities, while watching your own career shine too.

**Advertised**: 05 Mar 2024 New Zealand Daylight Time
**Applications close**: 19 Mar 2024 New Zealand Daylight Time



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