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About the Role

As Principal, Group Underwriting Licensing, you will protect the organisation’s insurance risk appetite by overseeing the Business Divisional Licensing (BDL) framework. You will lead the end-to-end licensing lifecycle, providing expert risk assessment, governance oversight, and guidance to senior stakeholders to ensure compliance and alignment with strategic risk appetite.

Responsibilities

• Lead and manage the Business Divisional Licensing (BDL) renewal process in line with approved procedures
• Act as the subject matter expert on BDL requirements and underwriting authorities
• Assess, manage and recommend BDL exemptions, including referral to the GCUO where required
• Monitor, assess and provide feedback on licensing breaches aligned to divisional risk appetite
• Track regulatory and licensing changes to ensure ongoing compliance
• Support broader Corporate Insurance and Underwriting Risk activities during peak periods

Requirements

• Proven experience in General Insurance with strong commercial lines underwriting exposure
• Long-tail experience strongly preferred
• Strong understanding of insurance regulation, licensing and risk governance
• Demonstrated commercial acumen with sound risk assessment capability
• Outstanding stakeholder engagement, influencing and relationship-building skills
• Strategic thinker with strong problem-solving and decision-making abilities
• Highly developed written communication and report-writing skills

Location

• Gadigal Country (Darling Park 2, Sydney)
• Naarm (Melbourne)

Work Type

• Permanent
• Full-time

Benefits

• Boosted superannuation with 13% as standard
• 20 days annual leave + 5 days MyLeave
• Work from home and many more flexibility options with myFlex
• Up to 50% off personal insurance, including home and motor insurance
• Partner discounts on private health insurance, tech & appliances, and many more
• Industry-leading 20 weeks paid parental leave
• Access to LinkedIn Learning, the award-winning IAG Academy, study assistance and secondment opportunities

About the Company

• IAG is the largest general insurance group in Australia and New Zealand.
• Our family of brands turns the IAG purpose of making your world a safer place into action by helping everyday Aussies and New Zealanders, supporting their ambitions and making insurance accessible.
• As part of IAG you'll enjoy a world of career opportunities, a purpose-led place focused on creating connection and belonging, and where you can create meaningful impact every day and grow your career beyond the expected.
• We celebrate all viewpoints shaped by life experiences and culture, and are guided by the knowledge and voice of Aboriginal and Torres Strait Islander peoples, businesses, and communities.
• We collaborate on Indigenous-led solutions that enable growth and create meaningful change for our customers and employees.