Surety Underwriting Officer - AU/NZ

Euler Hermes Group
  • Job Purpose/ Role

    Position Title: Surety Underwriting Officer – Australia & New Zealand~crlf~~crlf~Reports To:~crlf~Head of Surety - Australia and New Zealand~crlf~~crlf~Based in Sydney, the position forms part of the Euler Hermes Asia Pacific Regional Surety team. The candidate will contribute to the achievement of profitable and sustainable growth under Euler Hermes’ Asia Pacific Surety strategy. The candidate will have exposure to large & SME Surety & Guarantee transactions throughout Australia & New Zealand. The split role will combine administration/operations support & underwriting functions (30%)

  • Key Responsibilities

    Contract Management:~crlf~~crlf~• Preparation of surety facility documentation.~crlf~• Preparation and processing of surety bonds from application stage to issuance of final documents, invoicing, wording negotiations and ensuring accuracy data and IT systems.~crlf~• Liaising with the Euler Herms Group fronting desk & global banks in relation to fronted and syndicated transactions.~crlf~~crlf~Business Support:~crlf~~crlf~• Contributes to customer satisfaction from the client enrolment to project realization. ~crlf~• Monitor and maintain receivables ledger in collaboration with local Finance teams.~crlf~• Support our Surety BUs through our zero defect policy. ~crlf~~crlf~Process & Reporting:~crlf~• Improve efficiency and reliability of business processes.~crlf~• Follow-up of surety Administration processes and IT back-end system evolution.~crlf~• Preparation of statistics and reports for Local and Regional reporting across the portfolio.~crlf~• Maintaining the contact and opportunity within Salesforce.~crlf~~crlf~Underwriting - ~crlf~• Management of facility renewals within the portfolio.~crlf~• Preparing surety submissions and conducting preliminary financial analysis on new business targets and client renewals.~crlf~• Assisting business unit with preparation of facility renewals, including information gathering, preparing renewal pack, preliminary financial analysis and facility renewal.

  • Key Requirements/ Skills

    • Minimum 3 years experience working in a similar role within a surety company or bank with a working knowledge of the surety product and ability to understand complex surety structures.~crlf~• University degree in Business, Finance or related field.~crlf~• Financial analysis skills with proven ability to read and analyse financial statements.~crlf~• Possess strong working knowledge of Microsoft products, Salesforce & basic accounting & finance functions.~crlf~• Excellent written and oral communication skills, with a high level of attention to detail.~crlf~• Strong time management skills and proven experience working in a high-pressure professional environment. ~crlf~• Strong work ethic and ability to work in a team environment & individually.

  • Additional Information

    Applicant Information:~crlf~~crlf~Only local employment terms and conditions will be offered. Need to hold work permit in AU and available to join immediately.

  • About Allianz

    Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.

    Euler Hermes, the world’s leading provider of credit insurance services, helps its customers around the globe to trade wisely and develop their business safely. With 6,000 employees from more than 70 nationalities, in over 50 countries, Euler Hermes offers a complete range of services for the management of B-to-B trade receivables.~crlf~Euler Hermes has developed a credit intelligence network to analyze the financial stability of 40+ million businesses across the globe. Euler Hermes, a company of Allianz, is rated AA by Standard & Poor’s.~crlf~At Euler Hermes, we are committed to support our employees in every step of their professional journey, provide tailor-made development programs and open gateways to international opportunities. We encourage them to take ownership and accountability, and to dare to make a difference!~crlf~For more information visit http://www.eulerhermes.com/

    If you are interested in the position above and think you have the right profile please follow the online application process. For more detailed information on the company and our career opportunities please go to our website: http://www.eulerhermes.com/careers/.~crlf~~crlf~

Job Purpose/ Role

Position Title: Surety Underwriting Officer – Australia & New Zealand~crlf~~crlf~Reports To:~crlf~Head of Surety - Australia and New Zealand~crlf~~crlf~Based in Sydney, the position forms part of the Euler Hermes Asia Pacific Regional Surety team. The candidate will contribute to the achievement of profitable and sustainable growth under Euler Hermes’ Asia Pacific Surety strategy. The candidate will have exposure to large & SME Surety & Guarantee transactions throughout Australia & New Zealand. The split role will combine administration/operations support & underwriting functions (30%)

Key Responsibilities

Contract Management:~crlf~~crlf~• Preparation of surety facility documentation.~crlf~• Preparation and processing of surety bonds from application stage to issuance of final documents, invoicing, wording negotiations and ensuring accuracy data and IT systems.~crlf~• Liaising with the Euler Herms Group fronting desk & global banks in relation to fronted and syndicated transactions.~crlf~~crlf~Business Support:~crlf~~crlf~• Contributes to customer satisfaction from the client enrolment to project realization. ~crlf~• Monitor and maintain receivables ledger in collaboration with local Finance teams.~crlf~• Support our Surety BUs through our zero defect policy. ~crlf~~crlf~Process & Reporting:~crlf~• Improve efficiency and reliability of business processes.~crlf~• Follow-up of surety Administration processes and IT back-end system evolution.~crlf~• Preparation of statistics and reports for Local and Regional reporting across the portfolio.~crlf~• Maintaining the contact and opportunity within Salesforce.~crlf~~crlf~Underwriting - ~crlf~• Management of facility renewals within the portfolio.~crlf~• Preparing surety submissions and conducting preliminary financial analysis on new business targets and client renewals.~crlf~• Assisting business unit with preparation of facility renewals, including information gathering, preparing renewal pack, preliminary financial analysis and facility renewal.

Key Requirements/ Skills

• Minimum 3 years experience working in a similar role within a surety company or bank with a working knowledge of the surety product and ability to understand complex surety structures.~crlf~• University degree in Business, Finance or related field.~crlf~• Financial analysis skills with proven ability to read and analyse financial statements.~crlf~• Possess strong working knowledge of Microsoft products, Salesforce & basic accounting & finance functions.~crlf~• Excellent written and oral communication skills, with a high level of attention to detail.~crlf~• Strong time management skills and proven experience working in a high-pressure professional environment. ~crlf~• Strong work ethic and ability to work in a team environment & individually.

Additional Information

Applicant Information:~crlf~~crlf~Only local employment terms and conditions will be offered. Need to hold work permit in AU and available to join immediately.

About Allianz

Allianz is the home for those who dare – a supportive place where you can take the initiative to grow and to actively strengthen our global leadership position. By truly caring about people – both its 88 million private and corporate customers and more than 140,000 employees – Allianz fosters a culture where its employees are empowered to collaborate, perform, embrace trends and challenge the industry. Our main ambition is to be our customers’ trusted partner, instilling them with the confidence to grow. If you dare, join us at Allianz Group.~crlf~~crlf~Allianz is an equal opportunity employer. Everybody is welcome, regardless of other characteristics such as gender, age, origin, nationality, race or ethnicity, religion, disability, or sexual orientation.

Euler Hermes, the world’s leading provider of credit insurance services, helps its customers around the globe to trade wisely and develop their business safely. With 6,000 employees from more than 70 nationalities, in over 50 countries, Euler Hermes offers a complete range of services for the management of B-to-B trade receivables.~crlf~Euler Hermes has developed a credit intelligence network to analyze the financial stability of 40+ million businesses across the globe. Euler Hermes, a company of Allianz, is rated AA by Standard & Poor’s.~crlf~At Euler Hermes, we are committed to support our employees in every step of their professional journey, provide tailor-made development programs and open gateways to international opportunities. We encourage them to take ownership and accountability, and to dare to make a difference!~crlf~For more information visit http://www.eulerhermes.com/

If you are interested in the position above and think you have the right profile please follow the online application process. For more detailed information on the company and our career opportunities please go to our website: http://www.eulerhermes.com/careers/.~crlf~~crlf~


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