Underwriting Administrator
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Key details
- Location
- Australia
- Work style
- Onsite
- Level
- Mid level
- Experience
- 3–6 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 1h ago
Skills
excelmicrosoft wordunderwriting
About the role
Overview
This role is responsible for delivering accurate, timely, and high quality operational services to members, funds, insurers, and stakeholders. It ensures daily processing is completed within service and quality standards, supports end to end member and insurance transactions, and maintains compliance with legislative and fund requirements. The role works collaboratively across teams, actively resolves enquiries, and contributes to continuous improvement to enhance efficiency, quality, and member experience.
Please note- This is a 6 month secondment
Key Accountabilities and main responsibilities
- Provide superior service to funds, members and key stakeholders meeting Service and quality standards
- Complete daily processing within required Service Standards.
- Ensure processing standards meet quality levels by achieving at least 98% quality of work across all elements of the role.
- Process and complete all operations administrative including but not limited to: underwriting acceptances, declines, applications, member applications, correspondence, emails and follow ups
- Proactively follow up receipt of underwriting documentation with members as required
- Update insurance details in appropriate systems
- Liaise with insurers and third parties to finalise additional insurance coverage as requested by members
- Ensure compliance with all legislative, financial and fund specific procedures to minimise any risk to the business
- Quality review work to minimise rework of tasks and maintain high quality standards
- Complete all member transactions across funds as required
- Participate and complete pre and post system for enhancements on an as needed basis
- Communicate effectively with internal and external stakeholders to resolve enquiries
- Contact members as needed to successful complete requests
- Complete adjustments and investigations as appropriate and as instructed
- Actively participate as a member of the team providing support to other areas of the business as required
- Comply with all company policies, values and procedures
- Suggest and identify improvement that will aim in increasing efficiency and quality standards across the business
- Participate as a positive member of the team by co-operating with others to achieve the team’s goals
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs
Experience & Personal Attributes
- Comprehensive knowledge of superannuation legislation and administrative procedures (ideally a minimum of 3 years’ experience)
- Accuracy and attention to detail
- Sound understanding of financial information
- Excellent investigative and problem solving skills
- Excellent communication skills, both verbal and written
- Excellent organisational and interpersonal skills
- Excellent Word and Excel skills
- Ability to think laterally
- Experience in the financial services industry
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.