Underwriter

FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

Client Service is seeking an inquisitive, self-motivated candidate to join our team as an Underwriter. This is a full-time, in-office, permanent position based in Melbourne reporting to the Operations Chief Underwriter.

In this position you will fulfill the technical underwriting function as a critical part of the Client Service Team, to develop insurance programs that satisfy existing/ prospective clients and FM.

You will be accountable to complete all necessary training to attain underwriting binding authority. Training is provided and will be a mix of formal class room training, independent study and on the job experience, customized to develop the skills and knowledge required.

Key responsibilities include:

• Validating client reported values, analysing exposures, developing pricing models, and purchasing reinsurance.
• Ensure issued policies accurately reflect the agreed terms and conditions.
• Act as a technical resource to the Australian Client Service department by gaining and maintaining up-to-date knowledge of company underwriting standards and policy forms. Stay informed of market conditions, reinsurance trends, and emerging developments.
• Develop and manage relationships with reinsurers, loss adjusters, valuation providers, engineering and staff underwriting.

Qualifications, skills and experience

• Education: Bachelor's degree, or equivalent qualification
• Experience: 2+ years insurance, engineering or financial services industry experience desired
• Skills / Knowledge:
  • A learning mindset with strong analytical and problem-solving skills.
  • Well-organised, with attention to detail and ability to effectively prioritise diverse activities and workload.
  • Proactive and resourceful, able to work effectively even when guidance is limited or ambiguous.
  • Dedicated team player with effective communication, both written and verbal.

Although we value relevant experience and qualifications, we also believe in the potential for growth and learning; if you don’t meet all the criteria, we encourage you to apply and reach out for a conversation.

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.

The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM's comprehensive Total Rewards program that includes an incentive plan, rich health and well-being programs, career development opportunities, tuition reimbursement, a supportive and collaborative team environment and much more.

If you are interested in learning more about FM, our culture and some of our initiatives, don’t hesitate to visit the links below:

• FM Website  
• FM YouTube Channel 
• Insure Your Career at FM
• Engineer Careers
• FM Resilience
• FM - LinkedIn