Associate Underwriter, Accident & Health

Associate Underwriter, Accident & Health

Berkshire Hathaway Specialty Insurance | new south wales, NSW, AU

Posted 2 days ago

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Job Opportunity:

Are you interested in the Accident & Health Industry and learning about the insurance industry and the ins and outs of being a successful Underwriter? Berkshire Hathaway Specialty Insurance has an exciting opportunity for an entry level candidate to join our team as an Associate Underwriter. The opportunity is based in our Sydney office. The Associate Underwriter will receive real time on the job training with exposure to the world of insurance. Specific responsibilities and learning opportunities include:

Duties & Responsibilities:
Support the underwriting team by:

Assist in developing and building the Accident & Health book of business which includes group insurance products such as Corporate Travel, Group Personal Accident and Expatriate Medical
Working with our lead small business Underwriter to service an existing renewal portfolio with risks spread across Australia
Assisting underwriters in data analysis, rating, account assessment and file documentation
Correspond with brokers; follow up for information
Attend broker and customer meetings alongside underwriters
Create and maintain records both electronically, if required, following established guidelines and processes
Working with Underwriters to input data and information into pricing models & underwriting systems
Reviewing the information for new and existing policyholders which comes in from our Insurance Brokers
Assisting Underwriters in issuing Insurance documentation to Insurance Brokers
Engagement with Insurance Brokers on Claims History requests, Renewal Invitations, Certificate of Currencies, and Closings along with other queries and requests
Working with our Underwriting Technicians to ensure that all new business or renewal quotes, contract changes and endorsements are processed and managed accurately and timely
Support Underwriters in premium handling, monitoring debtors and following up closings
Preparation of policy documentation in relation to manuscript wordings
Setting up and finalising policies in various systems

Over time, the candidate will develop the following competencies while growing their knowledge base:

A demonstrated ability to:

Prioritise their time and effectively work in a fast-paced environment, with a high level of service orientation, agility, and decisiveness
Analyze and understand the effect/intent of contract language while working closely with our in-house claims team during the underwriting/contract structuring process
Underwrite all products within the Healthcare line with an opportunity to specialize if deemed appropriate
Effectively engage broker and customer contacts

Qualifications, Skills, and Experience:

Collaborative and team-focused mentality
Strong written and verbal communication skills
University or Insurance qualifications are preferred
Strong financial acumen
Proven customer service experience preferred

BHSI Offers:

A competitive package and exciting growth opportunities for career-oriented teammates
Face to face learning opportunities to ensure an understanding of Accident & Health Underwriting. Learning all aspects including how to price risks, undertake & review portfolios and how to effectively engage in business development
A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders
A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework