POSITION VACANCY - WEATHERMEN ASSURANCE LTD. UNDERWRITING OFFICER

Jul 10
3 min read

Updated: Jul 29

Location: Port Moresby, National Capital District | Employment: Full time

Department: WAL Underwriting | Reports To: WAL Underwriting Manager

Responsible for assessing and underwriting insurance risks in line with company guidelines, delegated authority, and risk appetite, while supporting profitable portfolio growth and delivering efficient, high-quality service.

Application deadline: Friday, 24th July 2026

Please direct your applications to the contact details provided below.

Attn: Recruitment Officer

Level 7 MRDC Haus,

Weathermen Capital Advisors Limited

PO Box 1590, Port Moresby,

National Capital District

Tel: +675 7999 8731

Email: recruitment@wca.com.pg

Are you someone with?

Diploma or Bachelor's Degree in Insurance, Business, Commerce, Finance, Risk Management, or a related discipline.
Diploma in General Insurance or equivalent insurance qualification is desirable.
Progress toward professional insurance qualifications (such as ANZIIF or CIP) will be an advantage.
Minimum 3–5 years' experience in general insurance underwriting or a related insurance role.
Experience underwriting commercial and/or personal insurance products.
Knowledge of policy documentation and underwriting procedures.
Experience working with insurance brokers and clients is desirable.
Experience using insurance management systems and Microsoft Office applications.
Good understanding of general insurance principles and underwriting practices.
Ability to assess and analyse insurance risks.
Sound knowledge of policy wordings and insurance contracts.
Strong numerical and analytical skills.
Excellent written and verbal communication skills.
Good organisational and time management abilities.
High level of accuracy and attention to detail.
Ability to manage multiple priorities within agreed service standards.
Proficiency in Microsoft Office Suite and insurance administration systems.

Key Responsibilities

1. Underwriting

Assess new business, renewals, endorsements, and policy alterations in accordance with Company underwriting guidelines and delegated authority.
Evaluate insurance proposals by analysing risk exposures, claims history, financial information, and other relevant underwriting factors.
Determine appropriate terms, conditions, exclusions, deductibles, and premium rates.
Refer risks that exceed delegated authority to the Underwriting Manager for approval.
Ensure underwriting decisions are documented accurately and supported by appropriate information.

2. Policy Administration

Prepare quotations, insurance schedules, certificates, endorsements, and policy documentation.
Process new business, renewals, cancellations, and policy amendments within agreed service standards.
Ensure all policy records are accurate and maintained within the Company's insurance management system.
Maintain complete underwriting files and supporting documentation.

3. Customer & Broker Service

Provide professional and timely responses to enquiries from brokers, agents, clients, and internal stakeholders.
Build and maintain effective working relationships with brokers and customers.
Provide technical advice on policy coverage, underwriting requirements, and documentation.
Assist in resolving underwriting-related enquiries and service issues.

4. Risk Assessment & Portfolio Management

Monitor individual risks to ensure compliance with underwriting guidelines.
Identify unusual or emerging risks and escalate where appropriate.
Assist in maintaining a balanced and profitable underwriting portfolio.
Support portfolio reviews and risk improvement initiatives.

5. Reinsurance Support

Prepare underwriting information required for facultative reinsurance placements.
Liaise with the Underwriting Manager regarding risks requiring reinsurance approval.
Ensure risks are underwritten within treaty arrangements and Company authority limits.

6. Compliance & Governance

Ensure all underwriting activities comply with Company policies, underwriting manuals, regulatory requirements, and applicable legislation.
Maintain confidentiality of customer information and commercial data.
Participate in internal audits and compliance reviews as required.
Ensure complete and accurate underwriting documentation is maintained.

7. Reporting & Administration

Prepare underwriting reports and statistical information as required.
Monitor outstanding quotations, renewals, and pending documentation.
Assist in maintaining underwriting registers and records.
Contribute to continuous improvement of underwriting processes and procedures.

8. Teamwork & Professional Development

Work collaboratively with colleagues across Underwriting, Claims, Finance, and Business Development.
Share technical knowledge and support junior team members where appropriate.
Participate in training programs to enhance underwriting knowledge and technical skills.
Keep up to date with insurance products, market developments, and industry regulations.