Commercial Underwriter

Fuse Recruitment; Melbourne; Hybrid; AUD 120,000 - 180,000; Full time

Job summary

Fuse Recruitment is seeking a Commercial Underwriter to support automotive brand partnerships and strategic clients from our Melbourne base. Hybrid work arrangement available.

You will bring specialist underwriting expertise on complex referrals, contribute to policy wording development, and ensure underwriting quality across portfolios. Reporting to the Head of Underwriting, you will mentor junior underwriters, develop technical capability, and collaborate with risk, compliance, and operations

Qualifications

• ANZIIF or equivalent insurance accreditation required.
• Experience managing complex underwriting referrals and technical underwriting matters.
• Proven ability drafting, reviewing, and interpreting policy wordings and endorsements.
• Experience conducting underwriting quality reviews, audits, or assurance activities.
• Strong communication, analytical, problem-solving and decision-making skills.
• Commercial underwriting experience.

Responsibilities

• Assess complex commercial underwriting referrals within delegated authority and provide recommendations.
• Provide technical underwriting advice on complex commercial risks, including coverage determination and risk acceptability.
• Draft, review, and maintain policy wordings, endorsements, and supporting guides ensuring alignment with appetite, product intent, and regulatory requirements.
• Conduct underwriting audits and quality assurance reviews; identify trends and drive corrective actions.
• Support development and maintenance of underwriting manuals, governance frameworks, controls and procedures; mentor and coach underwriters and staff.
• Partner with Portfolio, Product, Legal, Claims, Risk, Data, Compliance and Operations on business improvement.

Skills

Commercial underwriting

Analytical thinking

Decision making

Policy wording interpretation

Education

ANZIIF accreditation

Job description

COMMERCIAL UNDERWRITER
Location: St Kilda Road, Melbourne / Hybrid.

OVERVIEW

This role sits within an underwriting function supporting commercial insurance portfolios distributed through well-known automotive brand partnerships and other strategic partners and agencies. Reporting to the Head of Underwriting, you’ll provide specialist underwriting expertise with a focus on complex underwriting referrals, policy wording development and interpretation, underwriting quality assurance, and technical capability development.

KEY RESPONSIBILITIES

• Assess complex commercial underwriting referrals within delegated authority and provide recommendations where required.
• Provide technical underwriting advice on complex commercial risks, including coverage determination and risk acceptability.
• Draft, review, and maintain policy wordings, endorsements, Target Market Determinations, and supporting guides (premium/excess/discount/claims), ensuring alignment with underwriting appetite, product intent, and regulatory requirements.
• Conduct underwriting audits and quality assurance reviews; identify trends, gaps, and inconsistencies and drive corrective actions.
• Support the development and maintenance of underwriting manuals, governance frameworks, controls, and procedures.Mentor and coach underwriters and underwriting support staff to build technical capability and decision consistency.Partner closely with Portfolio, Product, Legal, Claims, Risk, Data, Compliance and Operations on business improvement and strategic initiatives.

  REQUIRED

  • ANZIIF (or other relevant professional qualifications) / equivalent insurance industry accreditation.
  • Demonstrated experience managing complex underwriting referrals and technical underwriting matters.
  • Proven capability drafting, reviewing, and interpreting policy wordings and endorsements.
  • Experience conducting underwriting quality reviews, audits, or assurance activities.
  • Strong communication, analytical, problem-solving, and decision-making skills.
  • Commercial underwriting experience.

  GOOD TO HAVE

  • Heavy vehicle, transport or fleet underwriting experience.
  • Delegated underwriting or agency environment exposure.
  • Product development / policy wording design experience.
  • Experience engaging with legal, compliance, and regulatory stakeholders.
  • Experience supporting underwriting transformation or process improvement initiatives.