Underwriter

iCare NSW; Sydney; Hybrid; AUD 105,000 - 129,000; Full time

Benefits offered by this job

Hybrid work arrangements

Gym subsidies

Learning opportunities

Extra leave

Health insurance discounts

Salary packaging and novated leasing

Inclusive culture

Job summary

icare is seeking an Underwriter to analyse risk, exposure and premium performance for a portfolio of medium to large employers within NSW's Workers Compensation scheme. You will use data and judgement to support fair, sustainable outcomes for employers, workers and the scheme.

You'll collaborate with internal stakeholders, broker partners and NSW employers across various industries to ensure underwriting decisions are informed, accurate and aligned to emerging trends.

Qualifications

• Experience in underwriting, insurance, financial services or a customer-focused banking and finance environment.
• Ability to analyse information, identify patterns and make sound recommendations based on evidence.
• Experience interpreting data and translating insights into meaningful business outcomes.
• Confidence building relationships and communicating complex information clearly to a range of stakeholders.
• Strong customer focus with the ability to balance commercial, risk and service considerations.

Responsibilities

• Assess underwriting risk and exposure across a portfolio of medium and large customers throughout the policy lifecycle.
• Analyse claims, premium and scheme performance data to identify trends and support decision-making.
• Recommend risk management and underwriting strategies that contribute to scheme sustainability.
• Partner with internal and external stakeholders to provide insights and guidance on underwriting and loss prevention matters.
• Build strong relationships with employers and external stakeholders, delivering a high-quality service experience.
• Prepare reports, analysis and recommendations that help leaders make informed business decisions.
• Support audit activities and continuous improvement initiatives across the underwriting function.
• Contribute to projects and initiatives that improve understanding of underwriting services and outcomes across the business.

Skills

Underwriting

Data analysis

Stakeholder comms

Risk assessment

Job description

Underwriter

• Salary from $116,981 p/a + super
• Manage a portfolio of medium and large employers
• Build expertise in underwriting, risk analysis and scheme performance

About the role

Your work helps create the conditions for safe recovery and sustainable return-to-work outcomes for people and employers across NSW.

As an Underwriter, you will analyse risk, exposure and premium performance across a portfolio of medium and large employer customers within the Workers Compensation scheme. You will use data, judgement and customer insights to provide recommendations that support fair and sustainable outcomes for employers, workers and the scheme. Working closely with internal stakeholders, broker partners and NSW employers across various industries, you will help ensure underwriting decisions are informed, accurate and aligned to emerging trends and business needs.

What you'll be working on

• Assess underwriting risk and exposure across a portfolio of medium and large customers throughout the policy lifecycle
• Analyse claims, premium and scheme performance data to identify trends and support decision-making
• Recommend risk management and underwriting strategies that contribute to scheme sustainability
• Partner with internal and external stakeholders to provide insights and guidance on underwriting and loss prevention matters
• Build strong relationships with employers and external stakeholders, delivering a high-quality service experience
• Prepare reports, analysis and recommendations that help leaders make informed business decisions
• Support audit activities and continuous improvement initiatives across the underwriting function
• Contribute to projects and initiatives that improve understanding of underwriting services and outcomes across the business

What you'll bring

• Experience in underwriting, insurance, financial services or a customer-focused banking and finance environment
• The ability to analyse information, identify patterns and make sound recommendations based on evidence
• Experience interpreting data and translating insights into meaningful business outcomes
• Confidence building relationships and communicating complex information clearly to a range of stakeholders
• Strong customer focus with the ability to balance commercial, risk and service considerations
• Sound judgement when managing competing priorities and solving complex problems
• Curiosity and a continuous improvement mindset, with a willingness to learn and adapt
• Ability to meet pre-employment screening requirements, including criminal history checks

What we offer

• Work-life balance: Flexible and hybrid working arrangements
• Health and wellbeing: Gym subsidies, health checks, and EAP support
• Career development: Learning opportunities to grow your skills and career
• Employee benefits: Extra leave, health insurance discounts, salary packaging and novated leasing
• Inclusive culture: Recognition programs, mental health initiatives and support for hidden disabilities

About icare

icare provides insurance and care to the people, businesses and communities of NSW. Our work supports recovery, independence and safer workplaces. We protect homes, public assets and essential services, and help manage schemes that need to remain fair, affordable and sustainable for the future. We believe the better we do, the better for NSW.

Inclusion

We welcome and support people of all abilities and backgrounds to apply and we are committed to creating a workplace where people feel they belong, can contribute their best and have the support they need to thrive. For us, inclusion is not a standalone initiative; it is part of how we make better decisions, design better services and reflect the communities we serve. If you need adjustments during the process please note this in your application.