Description
Magenta Insurance, part of DUAL, is seeking an Assistant Underwriter to join the EDI New Business team. As an Assistant Underwriter, you will handle a significant volume of telephone referrals from Brokers every day, underwriting risks within your designated authority and providing referral codes that allow quotes to proceed.
The role involves evaluating and underwriting low complexity risks referred by Brokers quoting via EDI platforms, predominantly by telephone, within designated authority and following established procedures. You will also ensure accurate underwriting data is captured on systems to minimize risk and ensure high-quality output of information.
Key responsibilities include:
- Evaluating and underwriting low complexity risks
- Providing referral codes to Brokers
- Capturing accurate underwriting data on systems
- Supporting underwriting through general administration
- Developing technical and underwriting knowledge to take on more complex cases over time
Additional responsibilities:
- Assisting Underwriters in recording risk details on source systems and building broker relationships as required
- Handling a high daily volume of incoming telephone referrals from Brokers
- Accurately completing referrals submitted by email and recording instructions provided to Brokers
- Maintaining underwriting documentation/files and keeping all documentation in order
- Communicating with brokers and requesting underwriting information from them
- Processing new business, including data entry into the system and incepting cover
The ideal candidate will have:
- A minimum of 3 years of general insurance experience
- A minimum of 2 years of experience in Household Insurance or personal lines underwriting
- Experience working within an underwriting environment
- Good understanding of Property Insurance
- Minimum 1 year of experience in a telephone-based, high-volume environment
In return, Magenta Insurance offers a competitive range of rewards and benefits, a career that you can define, and a culture that prioritizes people first.