Updating Results

Steadfast Group

4.6
  • 500 - 1,000 employees

2022 Underwriting Officer Graduate (Start ASAP)

Location details

On-site

  • Australia

    Australia

    • New South Wales

      Sydney

    • Victoria

      Melbourne

Location

Sydney, Melbourne

Opportunity expired

Opportunity details

  • Opportunity typeGraduate Job or Program
  • SalaryAUD 65,000 - 75,000 / Year
  • Number of vacancies2-3 vacancies
  • Application open dateApply by 30 Jun 2022
  • Start dateStart date ASAP
  • A successful and growing business
  • A close-knit and high performing team 
  • Great benefits, company culture, and work/life balance

Steadfast was founded on the belief that a network of brokers would be stronger together, and this idea has been the backbone of our culture ever since. We believe that none of us is as good as all of us. 

At Steadfast we are proud of our diverse mix of people and skills, coming together across multiple business and business units to not only support our broker network, but to create the next generation thinking, systems and technologies that will drive the insurance sector forward. 

We are leaders of the general insurance broking and underwriting industry, and we lead from the front. 

A bit about our opportunity

Steadfast is a progressive organisation that offers diverse roles and learning opportunities. Don’t be fooled by our size – Steadfast is an exciting business that operates in an agile and collaborative way. Our continued success reflects our ability to work towards the big picture to evolve our industry as well as our ability to deliver in the today’s highly competitive environment.  

Interruption Underwriting Agencies (IUA) is one of 27 specialist agencies under the Steadfast Underwriting Agencies Group; each agency is focused on specific market segments. IUA specialises in Business Interruption Insurance, providing the Australian Insurance market an alternative to traditional covers. 

Due to significant growth, we have 3 opportunities available across Sydney and Melbourne locations. This exciting position is ideally suited to an individual with an educational background in accounting who has an aptitude for numbers and looking for a career in insurance in an established underwriting agency.

The main focus of this role is to provide underwriting services to the broker network and internal staff, including development of, and maintaining broker relationships to the highest standard.  Don't worry, we will provide you with the training to learn to underwrite.

If you are driven and highly motivated, this could be the perfect career for you!

In this role, you will:

  • Actively underwrite new business, renewals & endorsements in line with your underwriting authority level, as well as broader company procedures and manuals.
  • Ensure premium quotations for both renewals and new business are written to the prescribed rate increases and apply the necessary excesses.
  • Provide an exceptional operational and customer service experience for diverse internal and external stakeholders including our broker national network, underwriters and strategic partners

 

A bit about you

To be successful in this role, you will possess:

  • Excellent written and verbal communication skills and exceptional attention to detail
  • A constructive and goal-driven working style 
  • The ability to work effectively in a team/work group or those outside the formal line of authority (e.g. peers, senior managers) 
  • Strong initiative and a collaborative mindset
  • A high degree of organisational skills and the ability to adapt quickly
  • Ability to deal with multiple tasks whilst meeting reporting deadlines
  • Ability to communicate at all levels in a multiple stakeholder environment- liaison with clients and other departments

Benefits

We offer an extensive range of benefits to reflect the value we place on our team whilst supporting them in their professional and personal lives. As a Steadfast employee you will benefit from and have access to:

  • Flexible working to help you balance work and personal responsibilities
  • Career enhancement and development opportunities through our technical and well-defined Leadership Pathway which utilises best in class programs through Xplore and Korn Ferry. 
  • Free company provided Life, Temporary Permanent Disablement, Salary Continuance and Travel insurances, plus access to other discounted insurances.
  • An expansive Health and Wellbeing program, which includes annual free health checks, annual free skin checks, Flu shots, holistic support and advice, discounted gym membership, exercise events & challenges and confidential counselling.
  • Discounts on travel, hotels, hire cars, electronic and vehicle packages through our various partners.
  • Working in a vibrant and collegiate culture where you as a person, and your contribution is valued.

A bit about us 

At Steadfast, we provide valuable opportunities to build meaningful career opportunities alongside some of the brightest and most influential people in the insurance industry.

We are proud of our diverse mix of people and skills, coming together across multiple businesses and business units to foster next generation thinking, systems and technologies that will drive the insurance sector forward. 

Diversity and our Social Responsibility is at the heart of our business and we reflect this in our actions. We have strong commitments to equality; an active D&I committee and our Reconciliation Action Plan provides opportunities for First Nation peoples to work and grow. We are major sponsors of the Dive In festival, sponsor female entrepreneurs and are active members of the Champions of Change. 

In addition, our charity, The Steadfast Foundation, sponsors many charities and local community initiatives. Our environmental commitment includes the sponsorship of our Sustainability Ambassador to undertake climate research and our initiatives reflect our commitment to the achievement of green and carbon offset goals.      

Interested to apply or find out more

If Steadfast and its people sounds like the type of company you are looking for and the opportunity is of interest to you, please click Apply now button.

We are always on the lookout for great talent, if you are interested in a confidential conversation regarding career opportunities please email Careers@steadfast.com.au

Vaccination Status - To ensure the health, safety and wellbeing of our people and visitors, Steadfast requires employees to be fully vaccinated against COVID-19. Confirmation of your vaccination status will be required during the recruitment process.

Work rights

The opportunity is available to applicants in any of the following categories.

Work light flag
Australia
Australian Work Visa (All Other)Australian CitizenAustralian Permanent Resident

Qualifications & other requirements

You should have or be completing the following to apply for this opportunity.

Degree or Certificate
Qualification level
Qualification level
Bachelor or higher
Study field
Study field (any)

Hiring criteria

  • Experience requirementNo experience required
  • Working rights
    Australian Work Visa (All Other)
  • Study fields
    Business & Management
  • Degree typesBachelor or higher
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Reviews

user
Intern
Sydney
7 months ago

In my role, I work with a variety of challenging yet insightful actuarial projects across different underwriting agencies. Despite the many challenges, working as an actuary, I still feel comfortable to explore different learning experiences with the supportive guidance I have received from my team.

user
Graduate
Sydney
7 months ago

In the graduate program responsibilities can include data analysis, research and developing a deeper understanding of risk evaluation.

user
Graduate
Sydney
7 months ago

Every now an then you will be tasked with a 'big' project to complete, which is more satisfying and meaningful than some of the other projects or tasks that you are assigned. At the majority of the rotations you are completing very minor admin tasks, and only by the very end of the rotation do you start completing more meaningful work, only for you to rotate to the next place. I was able to complete 'Project Graph' which I was very grateful for as I found it to be a genuine responsbility of mine to produce effective and meaningful outcomes for SCS.

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About the employer

steadfast logo

Steadfast Group

Rating

4.6

Number of employees

500 - 1,000 employees

Industries

Banking & Financial Services

Steadfast offers opportunities for a meaningful career in insurance, working with some of the most influential people in the insurance industry.

Pros and cons of working at Steadfast Group

Pros

  • The opportunity to get involved in meaningful projects and learn from peers, no matter how new you are. There is a tremendous amount of support provided by both managers and peers to help you grow and learn.

  • Work hours are exceptionally flexible. Working from home is greatly appreciated as it allows me to maximize my personal life experience alongside work commitments.

  • I believe the culture at Steadfast is outstanding. I have not met anyone who has not been genuine or inviting to me in the workplace.

  • Being able to kickstart my career with industry experts as my mentors and guides.

  • Steadfast is overflowing with CSR initiatives. It feels like every other week I get an email about new opportunities to give back to the community.

Cons

    • I believe the 6-week rotations were too short, and the three-month rotations are better. However, if you are placed in a rotation you love, you want to stay longer.

    • As the only intern in my department, I feel somewhat isolated from the rest of the company, especially with other interns who are the same age as me.

    • It would be nice to have more extensive showers or gym facilities to be provided. The office could use a facelift or move to a newer building.

    • With the cost of living increasing and me being completely independent in Sydney, I would like to be earning more.

    • Steadfast has made some commitments to the environment, but like every company, more can always be done.