Description Description The mid‑market Senior Property Underwriter is responsible for underwriting, pricing, and contributing to the development and growth of a portfolio in line with the organisation’s appetite, underwriting standards, and Australian regulatory requirements. The role partners with brokers and internal stakeholders to deliver profitable growth, strong customer outcomes, and disciplined underwriting standards. Responsibilities Key Responsibilities Underwrite and manage a portfolio of commercial property risks, (ISR/Industrial Special Risks), ensuring alignment to risk appetite and authority limits. Assess submissions using underwriting guidelines, external data, and risk engineering information; identify key exposures (e.g., construction, occupancy, protection, natural hazards, BI, supply chain, and aggregation). Set and negotiate terms, conditions, deductibles/excesses, limits, and pricing with brokers/clients to achieve profitable growth and retention. Maintain underwriting file quality and documentation standards (e.g., rationale, rating, referral evidence. Refer risks outside authority and/or appetite to the appropriate approver. Monitor portfolio performance (loss ratio, rate change, exposure mix, CAT/accumulation, claims trends) and identify corrective action where required. Partner with claims to support effective claims outcomes, including large loss management, coverage decisions, and learnings back into underwriting. Contribute to underwriting strategy, product development, and underwriting guideline enhancement (including wordings, endorsements, and appetite changes). Support broker engagement and market-facing activity (planning visits, pipeline reviews, and presentations) to drive targeted growth. Coach and support underwriters, including peer reviews, technical development, and knowledge sharing. Collaborate with internal stakeholders, claims, other lines of business (LoB’s), compliance, actuaries, and operations to improve underwriting quality and efficiency. Attend site visits with risk engineers where appropriate. Work within underwriting authority, in accordance with underwriting guidelines, line size limits, referral triggers, and any reinsurance requirements. Refer risks outside authority or requiring special acceptance/wording changes to underwriting management . Qualifications Skills & Qualifications Underwriting Strategy Insurance Knowledge Pricing and Risk Selection Insurance Negotiation Stakeholder Engagement Data Analysis & Review Regulatory Compliance Underwriting Portfolio Management External Environment Knowledge Product Development Business Development Business Process Improvement P&L Management Presentation Skills Product Distribution Strategy Strong technical underwriting judgement with the ability to balance risk selection, customer outcomes, and commercial objectives. Strong understanding of commercial property exposures and policy structures. Working knowledge of Australian commercial property policy wordings, endorsements, and common coverage structures. Sound understanding of rating components, portfolio analytics, and how to use data to inform underwriting decisions. Strong time management skills and ability to manage competing priorities in a trading environment. Excellent broker relationship management and negotiation skills; clear written and verbal communication. Ability to prioritise and deliver against service standards in a high‑volume environment. Collaborative, initiative-taking, and continuous‑improvement mindset. Ability to analyse risk information, apply technical pricing discipline, and articulate underwriting rationale. Sound knowledge of relevant regulatory and compliance obligations and strong underwriting governance mindset. Strong relationship management and negotiation capability with brokers/clients; confident communicator (written and verbal). Systems proficiency (underwriting platform/s, document management, Excel/analytics tools) and comfort using external risk data. Ability to mentor and develop underwriters both technically and to enhance broker relationships. Portfolio profitability (e.g., loss ratio/combined ratio) and sustainable premium growth. Rate achievement and pricing adequacy versus technical targets. Retention and new business hit ratio within appetite and aligned to plan. Service standards (quote/renewal turnaround times) and broker satisfaction. Successful collaboration and engagement with internal & external stakeholders Diploma or degree in business, finance, economics, risk management, or a related discipline (preferred). ANZIIF qualifications (or progression toward), e.g., ANZIIF Certified Insurance Professional (CIP) or equivalent (highly regarded). Ongoing technical and regulatory training as required.
