Technical Underwriter

Adica Insurance; City of Melbourne; Hybrid; AUD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid working model

Employee Assistance Program (EAP)

14 weeks Paid Parental Leave

Wellbeing Leave days

Go1 learning platform

Leadership development programs

Job summary

Adica Insurance is seeking a technically strong Technical Underwriter to join our Underwriting team in Melbourne. You will act as the technical SME across underwriting governance, policy interpretation, and portfolio quality.

Reporting to the Head of Underwriting, you will mentor underwriters, draft and review policy wordings, conduct audits, and contribute to product development while partnering with Product, Risk, Legal and Claims to drive profitable outcomes in a hybrid work environment.

Qualifications

• 7+ years' underwriting experience within motor, commercial property or related insurance portfolios.
• Demonstrated experience managing complex underwriting referrals and technical underwriting matters.
• Strong experience drafting, reviewing and interpreting policy wordings and endorsements.
• Experience conducting underwriting audits, reviews or assurance activities.
• A sound understanding of underwriting governance, delegated authorities and risk management principles.
• Strong stakeholder engagement and communication skills.
• Experience mentoring and coaching underwriting professionals.
• ANZIIF qualifications (or equivalent industry accreditation).

Responsibilities

• Assess and manage complex underwriting referrals across motor and commercial portfolios.
• Provide expert technical underwriting guidance and coverage interpretation.
• Draft, review and maintain policy wordings, endorsements and product documentation.
• Conduct underwriting audits and quality assurance reviews.
• Identify trends, risks and improvement opportunities within underwriting practices.
• Support the development and maintenance of underwriting guidelines, frameworks and governance controls.
• Mentor and coach underwriters to build technical capability across the team.
• Contribute technical expertise to product development, portfolio reviews and strategic initiatives.
• Support internal and external audit activities.
• Develop strong relationships with key internal and external stakeholders.

Skills

Underwriting experience

Stakeholder engagement

Mentoring underwriting

Governance & risk management

Education

ANZIIF qualifications

Job description

Where people come first and possibilities follow.

Join Adica Insurance and help shape underwriting excellence.

At Adica Insurance, we're proud to be part of the global MS&AD Group, one of the world's leading insurance organisations. In Australia, we provide retail motor vehicle and commercial insurance solutions through trusted brands including Toyota Insurance and Lexus Insurance, along with a range of strategic partnerships.

As we continue to grow, we're seeking a technically strong and commercially minded Technical Underwriter to join our Underwriting team. This is an opportunity to play a key role in underwriting governance, policy wording development, quality assurance, and technical capability uplift across the business.

About the Role

Reporting to theHead of Underwriting, you will act as the technical subject matter expert across our underwriting function, providing specialist advice on complex risks, policy interpretation, underwriting governance, and portfolio quality.

Working closely with stakeholders across Product, Claims, Risk, Legal, Portfolio and Operations, you'll contribute to profitable portfolio outcomes while ensuring underwriting decisions remain aligned to appetite, governance frameworks, and regulatory obligations.

Key Responsibilities

• Assess and manage complex underwriting referrals across motor and commercial portfolios.
• Provide expert technical underwriting guidance and coverage interpretation.
• Draft, review and maintain policy wordings, endorsements and product documentation.
• Conduct underwriting audits and quality assurance reviews.
• Identify trends, risks and improvement opportunities within underwriting practices.
• Support the development and maintenance of underwriting guidelines, frameworks and governance controls.
• Mentor and coach underwriters to build technical capability across the team.
• Contribute technical expertise to product development, portfolio reviews and strategic initiatives.
• Support internal and external audit activities.
• Develop strong relationships with key internal and external stakeholders.

About You

You are an experienced underwriter who enjoys solving complex risk challenges and influencing outcomes through technical expertise. You have a passion for quality, governance and developing others, coupled with the commercial acumen needed to support profitable growth.

You’ll bring:

• 7+ years' underwriting experience within motor, commercial property or related insurance portfolios.
• Demonstrated experience managing complex underwriting referrals and technical underwriting matters.
• Strong experience drafting, reviewing and interpreting policy wordings and endorsements.
• Experience conducting underwriting audits, reviews or assurance activities.
• A sound understanding of underwriting governance, delegated authorities and risk management principles.
• Strong stakeholder engagement and communication skills.
• Experience mentoring and coaching underwriting professionals.
• ANZIIF qualifications (or equivalent industry accreditation).

Highly Regarded

• Heavy vehicle, transport or commercial motor underwriting experience.
• Delegated authority or agency underwriting experience.
• Product development and policy wording design exposure.
• Experience working alongside legal, compliance or regulatory stakeholders.
• Involvement in underwriting transformation or process improvement initiatives.

Why You’ll Love Working at Adica

At Adica, people are our greatest asset, and we’re committed to creating an environment where you can thrive. Recognised as an Employer of Choice, celebrating our commitment to culture, flexibility, and people-first values. Some of the benefits you’ll enjoy include:

• Big discounts on car insurance for you and your family.
• 14 weeks Paid Parental Leave for all parents, plus superannuation on both paid and unpaid leave (up to 52 weeks).
• Quarterly Wellbeing Leave days and the ability to swap Public Holidays.
• A supportive Wellbeing Program and year-round employee events.
• Recognition Programs through monthly awards and the annual Excellence Awards.
• Strong culture of internal progression and career development
• Access to the Go1 learning platform with thousands of courses
• Leadership development programs in partnership with Hello Monday to support and empower your growth as a leader
• Hybrid working model- the best of both worlds.
• Employee Assistance Program (EAP) – free, 24/7 support for you and your family.
• Be part of community initiatives, fundraising drives, and volunteer events throughout the year
• And more because your wellbeing matters to us.

Who We Are

Adica Insurance is an Australian-operated and regulated general insurer, backed by the global strength of the MS&AD Insurance Group, one of the world’s top 20 insurance and financial services groups.

Adica exists to make insurance more human, more helpful, more transparent, and more empowering for our customers. We support our people with the same care and clarity. Together, we’re creating a workplace where people thrive, teams collaborate, and customers feel truly supported.

What to Expect from Us

We aim to make the recruitment process as smooth and respectful of your time as possible.

Once you apply, our Talent Team will review your application. If your experience aligns with the role, we’ll be in touch for an initial phone conversation to get to know you better. From there, the process usually includes two interviews with our team.

Throughout the process, we’ll keep you informed and provide timely updates because we know how important clarity is when you are job hunting.

Accessibility & Support

If you require any adjustments during the recruitment process, please let your recruiting contact know when they first reach out. We’re committed to creating an inclusive experience for everyone.

Ready to join a company where people come first and possibilities follow?

Recruitment is being managed in-house. No agency contact, please.