Underwriting Assistant at Munich Re | AU | Rezi

Underwriting Assistant at Munich Re

Underwriting Assistant

Munich Re · AU

Yesterday

Underwriting Assistant

Munich Re · AU

a day ago
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About the Role

The Underwriting Assistant will support the underwriting team through policy administration, data processing, and underwriting support activities while learning the insurance business and developing technical knowledge within a growing specialty insurance environment. This position is designed to serve as a development pathway into underwriting, providing hands-on exposure to underwriting activities, risk assessment, and portfolio management.

Responsibilities

  • Support submission logging and tracking.
  • Assist with preparation of underwriting files and documentation.
  • Monitor shared mailboxes and workflow queues.
  • Support the maintenance of underwriting records, documentation, registers, and workflow trackers.
  • Enter policy and client information into Websure.
  • Process quotations, policies, endorsements and renewals under guidance.
  • Complete quality assurance checks on policy data.
  • Assist in maintaining accurate underwriting records.
  • Assist with the execution of documented underwriting processes.
  • Support data validation and reporting activities.
  • Manage document storage and filing requirements.
  • Provide support for operational projects and process improvement initiatives where required.
  • Work closely with Underwriters and the Underwriting Operations Specialist.
  • Develop effective working relationships with Underwriters, Operations colleagues and internal stakeholders.
  • Participate actively in training and development opportunities.

Requirements

  • 1-3 years' experience in insurance, financial services, administration, or customer service roles.
  • Strong organisational and administrative skills with excellent attention to detail.
  • Strong written and verbal communication skills.
  • Proficiency in Microsoft Office applications.
  • Ability to manage multiple tasks and meet deadlines in a fast-paced environment.
  • Exposure to underwriting, insurance operations, policy administration, or broking support.
  • Experience working with policy administration systems.

Skills

  • Organisational skills
  • Administrative skills
  • Attention to detail
  • Written communication skills
  • Verbal communication skills
  • Microsoft Office proficiency
  • Task management
  • Time management

Location

  • Australia

Work Type

  • Full-time

Experience Level

  • 1-3 years

Education Level

  • Tertiary qualification in Business, Commerce, Finance, or a related discipline, or equivalent experience.
  • ANZIIF qualifications or a willingness to undertake industry studies.

About the Company

  • Since its formation as a stand-alone division of Munich Re in 2023, Munich Re Specialty (GSI) has the ambition to become a profitable top-10 global primary Specialty insurer.
  • Complementing an already strong presence in the UK and the US, Munich Re Specialty - Global Markets (MRS-GM) has been tasked with expanding our primary Specialty business in continental Europe and APAC.
  • We have begun the European expansion journey, and have now commenced our expansion in APAC, starting with Australia.

Equal Opportunity

  • We see DEI as a business imperative, helping us to attract, grow and inspire a diverse, inclusive, and equitable workforce that better enable us to serve our customers, investors, and communities.
  • Globally, we strive to build balanced teams across all aspects of difference.
  • If you are interested in the role and believe you could contribute, we encourage you to apply even if your experience doesn't perfectly match every qualification.