Influence and support the development and execution of the national Design and Engineering Practitioners Professional Indemnity strategy target market appetite and coverage to drive profitable growth expand market share and ensure the long-term success of the product
Permanent opportunity
Sydney Brisbane or Melbourne CBD location/hybrid work from home
Your Purpose:
The Design and Engineering Practitioners Professional Indemnity (DEP PI) Underwriting Manager is responsible for the development execution and financial performance of the DEP product. This role involves building the product and executing strategies managing an underwriting team and driving profitable growth within the DEP PI market. The position requires close collaboration with various internal teams and external vendors to ensure the product is competitive profitable and meets market needs.
This role involves two distinct phases: Phase 1 focuses on building the product and channel from the ground up including activities such as influencing the strategy target market appetite and coverage working with pricing to build the algorithm collaborating with the project squad (including technology build) driving promotional efforts and recruiting underwriters. Phase 2 transitions to managing and scaling the product post-launch overseeing underwriters and driving ongoing product management and growth.
What youll do:
Deliver and continually improve the DEP product strategies (including but not limited to target markets/key brokers product differentiation appetite UW execution strategy risk engineering technology etc)
Define and execute a cohesive underwriting plan and value proposition for intermediaries aligned with the overall product strategy
Execute on the go-to-market proposition and distribution strategy for DEP focusing on partners with the highest growth potential
Work closely with Vero Specialty Lines (VSL) and the broader team to ensure strategic alignment across underwriting distribution and product management
Provide expertise into the technology build in collaboration with the technology team and external vendors ensuring the infrastructure supports product growth market fit and scalability.
What you will bring:
At least 10 years commercial experience in Design and Engineering Practitioners PI (or equivalent Construction PI)
Proven experience in leading and developing teams in the insurance with a focus on product development strategy underwriting and financial performance
Strong understanding of intermediary markets underwriting principles and insurance products particularly in DEP PI
Experience in building and implementing underwriting guidelines delegated authorities and profit and loss management processes
Demonstrated ability to collaborate with technology vendors and internal teams to define and build technology solutions that support business goals
Knowledge of reinsurance strategy and pricing algorithms.
Whats in it for you:
Competitive salary package
Discounts of up to 25% on our various Insurance
Flexible working environment and arrangements; genuine focus on work-life balance
Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
We offer support and various programs for our people: (Employee Assistance Program (EAP) Health & Wellbeing Study Support Employee Referral Program Facilities for nursing mothers Company share options Social club Years of Service Recognition).
What you will love about working with us:
We believe we are at our best when our workforce is as diverse talented and passionate as the communities in which we live and operate and where our people feel included valued and connected. We are passionate about inspiring our people by creating a diverse accessible and inclusive culture offering flexible work career development and internal mobility and building connected relationships amongst our team members and with our customers.
If this role sounds like the challenge you have been looking for please submit an application online today.
For more information or if you require any support and adjustments to participate equitably in our recruitment process or in the workplace we encourage you to contact for a confidential conversation.
Advertised: AUS Eastern Standard Time Applications close: AUS Eastern Daylight Time
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Required Experience:
Manager
Design and Engineering Practitioners PI Underwriting ManagerJob No: 677127 Sydney - Inner Suburbs & CBD Brisbane - Inner Suburbs & CBD Melbourne - Inner Suburbs & CBD Permanent Full Time Insurance Pay Band 6Influence and support the development and execution of the national Design and Engineering Pr...
Design and Engineering Practitioners PI Underwriting Manager
Influence and support the development and execution of the national Design and Engineering Practitioners Professional Indemnity strategy target market appetite and coverage to drive profitable growth expand market share and ensure the long-term success of the product
Permanent opportunity
Sydney Brisbane or Melbourne CBD location/hybrid work from home
Your Purpose:
The Design and Engineering Practitioners Professional Indemnity (DEP PI) Underwriting Manager is responsible for the development execution and financial performance of the DEP product. This role involves building the product and executing strategies managing an underwriting team and driving profitable growth within the DEP PI market. The position requires close collaboration with various internal teams and external vendors to ensure the product is competitive profitable and meets market needs.
This role involves two distinct phases: Phase 1 focuses on building the product and channel from the ground up including activities such as influencing the strategy target market appetite and coverage working with pricing to build the algorithm collaborating with the project squad (including technology build) driving promotional efforts and recruiting underwriters. Phase 2 transitions to managing and scaling the product post-launch overseeing underwriters and driving ongoing product management and growth.
What youll do:
Deliver and continually improve the DEP product strategies (including but not limited to target markets/key brokers product differentiation appetite UW execution strategy risk engineering technology etc)
Define and execute a cohesive underwriting plan and value proposition for intermediaries aligned with the overall product strategy
Execute on the go-to-market proposition and distribution strategy for DEP focusing on partners with the highest growth potential
Work closely with Vero Specialty Lines (VSL) and the broader team to ensure strategic alignment across underwriting distribution and product management
Provide expertise into the technology build in collaboration with the technology team and external vendors ensuring the infrastructure supports product growth market fit and scalability.
What you will bring:
At least 10 years commercial experience in Design and Engineering Practitioners PI (or equivalent Construction PI)
Proven experience in leading and developing teams in the insurance with a focus on product development strategy underwriting and financial performance
Strong understanding of intermediary markets underwriting principles and insurance products particularly in DEP PI
Experience in building and implementing underwriting guidelines delegated authorities and profit and loss management processes
Demonstrated ability to collaborate with technology vendors and internal teams to define and build technology solutions that support business goals
Knowledge of reinsurance strategy and pricing algorithms.
Whats in it for you:
Competitive salary package
Discounts of up to 25% on our various Insurance
Flexible working environment and arrangements; genuine focus on work-life balance
Numerous discounts with our corporate partners (retail & shopping / travel & holiday / health & wellbeing)
We offer support and various programs for our people: (Employee Assistance Program (EAP) Health & Wellbeing Study Support Employee Referral Program Facilities for nursing mothers Company share options Social club Years of Service Recognition).
What you will love about working with us:
We believe we are at our best when our workforce is as diverse talented and passionate as the communities in which we live and operate and where our people feel included valued and connected. We are passionate about inspiring our people by creating a diverse accessible and inclusive culture offering flexible work career development and internal mobility and building connected relationships amongst our team members and with our customers.
If this role sounds like the challenge you have been looking for please submit an application online today.
For more information or if you require any support and adjustments to participate equitably in our recruitment process or in the workplace we encourage you to contact for a confidential conversation.
Advertised: AUS Eastern Standard Time Applications close: AUS Eastern Daylight Time