Junior Underwriter

Job Title: Junior UnderwriterLocation: SydneyAbout Us: The team at Ocean Underwriting is focused on providing brokers with exceptional service and insurance solutions across each of our product lines (Liability, Property, Financial Lines, and Cyber). Our team culture is commercial, supportive, and built for growth, making this a fantastic opportunity for someone looking to advance their underwriting career in insurance.About the Role:The Junior Underwriter plays a key role in supporting the underwriting team by assisting in the evaluation and analysis of risks, processing, and maintaining detailed documentation.This position is ideal for a motivated individual seeking to rapidly advance their career in insurance underwriting. The Junior Underwriter will work closely with an experienced underwriter and the Head of Property to develop essential skills in risk assessment and decision-making.Key Responsibilities (including but not limited to).·        Renewal Portfolio management:·        Work closely with Seb to manage the renewal cycle of ocean accounts.·        Assist and understand evaluation of the current portfolio, ensuring strategy is implemented.·        Be guided by your colleagues through negotiations & underwriting decisions.·        Policy Administration:·        Policy issuance and cycle management (including Alterations) of documentation.·        Ensuring accurate documentation capture within the underwriting platform.·        Assist underwriters with file management.·        Assist the company with accounts management (managing unpaid, late or incorrect payment)Communication:·        Liaise with brokers, agents, and internal teams & management.·        Assist in preparing correspondence and recommendations for senior underwriters.·        Be responsible for reporting on the renewal portfolio on a monthly basis (with guidance)·        Process Improvement:·        Contribute to continuous improvement initiatives within the underwriting process, particularly finding efficiency through technology.·        Stay current with industry trends, regulatory changes, and company underwriting guidelines.Professional Development:·        Participate in training sessions, mentoring and workshops to enhance underwriting knowledge and skills. This will come from internal and external sources which include Claims TPA and Risk engineers (surveyors) with onsite client visits.·        Engage with other insurance lines within ocean to expand your understanding of products.·        Grow your understanding of the importance of data and technology for informed decision making.·        We are committed to developing your knowledge. You will receive both formal and informal; technical, relationship, negotiation and risk assessment training. this will be encouraged through formal goal setting with measurable outcomes.About You:·        Is excited by the insurance industry and what it has to offer.·        Has a sound understanding of Property Insurance in Australia·        Has ambition for career development·        Has a good attention to detail and process.·        Is driven by team, personal and company success.·        Wants to work in a fast-paced environment with driven leadership who will genuinely care about your developmentWhat We Offer:A supportive, fun, and entrepreneurial workplace culture.A chance to join a young, growing business where you can genuinely influence our future as well as your own.Opportunities for professional growth and development.Gain exposure to all lines of business to fuel your understanding and to learn from our team of experienced underwriters.Base Salary Range $77,515 - $83,515If you’re ready to take the next step in your underwriting career, we’d love to hear from you!How to Apply:Send your resume to: hello@oceanunderwriting.com.au or contact us to arrange a confidential chat. +61 2 9051 0708 | hello@oceanunderwriting.com.auLearn more about us and our team:www.oceanunderwriting.com.au