Senior Marine Underwriter

NTI Ltd; Melbourne; Hybrid; AUD 110,000 - 150,000; Full time

Job summary

NTI Ltd is seeking an experienced Marine Underwriter in Melbourne to support profitable pricing of marine cargo risks and identify growth opportunities. You will work with internal and external stakeholders to deliver expert underwriting across a broad portfolio.

Join a collaborative team and contribute to a market-leading marine insurance capability with flexible work options, including up to 50% work-from-home after probation. Strong communication and industry connections are essential.

Qualifications

• 3+ years of experience in marine underwriting
• Strong communication and stakeholder management skills
• Knowledge of marine industry regulations is desirable

Responsibilities

• Manage renewals, endorsements, and new business opportunities to achieve financial targets
• Develop expertise on underwriting issues across the portfolio
• Ensure adherence to underwriting guidelines, risk appetite, and procedures
• Negotiate pricing and policy terms with the Business Development team
• Build and maintain relationships with intermediaries and customers to grow opportunities

Skills

Marine underwriting

Stakeholder management

Negotiation

Job description

Competitive salary & generous incentive scheme

You will play a pivotal role in supporting the ongoing success of our Marine business. Collaborating with internal and external stakeholders, you will ensure the profitable pricing of risks and identification of potential growth opportunities, focusing on our Marine Cargo products.

What you’ll be doing:

Reporting to the Underwriting Operations Manager, you will be an essential member of a highly skilled team. At the centre of our team is the drive to ensure that all our customers experience quality service through the delivery of expertise by a team that know and understand the industries that we are immersed in. Each member of team focusses on risks that will maintain profitable and sustainable business practices for NTI. You will do this by:

• Managing Renewals, endorsements, and new business opportunities to attain financial targets
• Developing expertise on underwriting issues across the portfolio
• Ensuring implementation and compliance of the underwriting strategy, risk appetite, license authorities, risk controls, systems, and procedures across the portfolio.
• Ensuring adherence to underwriting guidelines, business plans, priorities, and processes
• Being involved in the identification of and pricing/policy negotiation with the Business Development team
• Develop and maintain external relationships with intermediaries and customers in the pursuit of increasing business opportunities and dissemination of expertise
• Promote profile of NTI in the market through developing a market profile

What we’d like to see from you:

As an experienced Marine Underwriter, you will have been performing at a high level for at least three years, with deep connections throughout the industry, broker markets and other relevant bodies. You will be an exceptional communicator and someone who can build trust and credibility with both internal and external stakeholders. You will have:

• Working knowledge of Marine industry and understanding of relevant legislation (highly desirable)
• The ability to negotiate priorities, as well as set and manage delivery expectations
• Enthusiasm for organisational agility and continuous business improvement

What to expect when you’re a part of the NTI family:

NTI is a market leader in the specialist insurance industry, boasting over 50 years’ experience, and backed by two of Australia’s largest insurers (CGU and Vero). We are committed to being a Best Employer of the Best People and as such, we offer:

• A genuine commitment to your development, learning and ongoing study
• Competitive annual incentive program (up to 15% of your salary package)
• Up to 50% discount on a large range of personal insurance products
• Access to discounts on over 350 retailers across Australia
• A supportive and collaborative team culture.
• Work from home up to 50% of your time after successful completion of probation

We run national operations with teams across six offices, spaning five states.