Principal, Group Underwriting Licensing
2026-06-08T18:21:42+00:00
Insurance Australia Group Limited
https://www.greataustraliajobs.com/jsjobsdata/data/employer/comp_5572/logo/iag.jpg
https://www.iag.com.au/
FULL_TIME
Sydney
Sydney NSW
2000
Australia
Insurance
Business Operations,Management,Legal
2026-06-08T17:00:00+00:00
8
At IAG, we’re ready for you. We're the largest general insurance group in Australia and New Zealand. Our family of brands turns the IAG purpose of making your world a safer place into action by helping everyday Aussies and New Zealanders, supporting their ambitions and making insurance accessible.
As Principal, Group Underwriting Licensing, you will play a critical role in protecting the organisation’s insurance risk appetite by overseeing the Business Divisional Licensing (BDL) framework across trading divisions. You will lead the end‑to‑end licensing lifecycle, including annual renewals, exemptions, referrals and ongoing maintenance throughout the year. As a subject matter expert, you will provide expert risk assessment, governance oversight and pragmatic guidance to senior stakeholders, ensuring underwriting activity remains appropriately licensed, compliant and aligned to strategic risk appetite. This role sits in the Group Chief Underwriting Office.
This is a permanent full-time role based in Gadigal Country (Darling Park 2, Sydney) or Naarm (Melbourne).
What You'll Do
- Lead and manage the Business Divisional Licensing (BDL) renewal process in line with approved procedures
- Act as the subject matter expert on BDL requirements and underwriting authorities
- Assess, manage and recommend BDL exemptions, including referral to the GCUO where required
- Monitor, assess and provide feedback on licensing breaches aligned to divisional risk appetite
- Track regulatory and licensing changes to ensure ongoing compliance
- Support broader Corporate Insurance and Underwriting Risk activities during peak periods
What You'll Bring
- Proven experience in General Insurance with strong commercial lines underwriting exposure
- Long-tail experience strongly preferred
- Strong understanding of insurance regulation, licensing and risk governance
- Demonstrated commercial acumen with sound risk assessment capability
- Outstanding stakeholder engagement, influencing and relationship‑building skills
- Strategic thinker with strong problem‑solving and decision‑making abilities
- Highly developed written communication and report‑writing skills
What We Offer
- Boosted superannuation with 13% as standard.
- 20 days annual leave + 5 days MyLeave (extra leave for what’s important to you).
- Work from home and many more flexibility options with myFlex.
- Up to 50% off personal insurance, including home and motor insurance.
- Partner discounts on private health insurance, tech & appliances, and many more.
- Industry-leading 20 weeks paid parental leave.
- Access to LinkedIn Learning, the award-winning IAG Academy, study assistance and secondment opportunities.
- *employment type eligibility criteria apply
- Lead and manage the Business Divisional Licensing (BDL) renewal process in line with approved procedures
- Act as the subject matter expert on BDL requirements and underwriting authorities
- Assess, manage and recommend BDL exemptions, including referral to the GCUO where required
- Monitor, assess and provide feedback on licensing breaches aligned to divisional risk appetite
- Track regulatory and licensing changes to ensure ongoing compliance
- Support broader Corporate Insurance and Underwriting Risk activities during peak periods
- Proven experience in General Insurance with strong commercial lines underwriting exposure
- Long-tail experience strongly preferred
- Strong understanding of insurance regulation, licensing and risk governance
- Demonstrated commercial acumen with sound risk assessment capability
- Outstanding stakeholder engagement, influencing and relationship‑building skills
- Strategic thinker with strong problem‑solving and decision‑making abilities
- Highly developed written communication and report‑writing skills
- Proven experience in General Insurance with strong commercial lines underwriting exposure
- Long-tail experience strongly preferred
- Strong understanding of insurance regulation, licensing and risk governance
- Demonstrated commercial acumen with sound risk assessment capability
- Outstanding stakeholder engagement, influencing and relationship‑building skills
- Strategic thinker with strong problem‑solving and decision‑making abilities
- Highly developed written communication and report‑writing skills
JOB-6a27083649280
Vacancy title:
Principal, Group Underwriting Licensing
[Type: FULL_TIME, Industry: Insurance, Category: Business Operations,Management,Legal]
Jobs at:
Insurance Australia Group Limited
Deadline of this Job:
Monday, June 8 2026
Duty Station:
Sydney | Sydney NSW
Summary
Date Posted: Monday, June 8 2026, Base Salary: Not Disclosed
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JOB DETAILS:
At IAG, we’re ready for you. We're the largest general insurance group in Australia and New Zealand. Our family of brands turns the IAG purpose of making your world a safer place into action by helping everyday Aussies and New Zealanders, supporting their ambitions and making insurance accessible.
As Principal, Group Underwriting Licensing, you will play a critical role in protecting the organisation’s insurance risk appetite by overseeing the Business Divisional Licensing (BDL) framework across trading divisions. You will lead the end‑to‑end licensing lifecycle, including annual renewals, exemptions, referrals and ongoing maintenance throughout the year. As a subject matter expert, you will provide expert risk assessment, governance oversight and pragmatic guidance to senior stakeholders, ensuring underwriting activity remains appropriately licensed, compliant and aligned to strategic risk appetite. This role sits in the Group Chief Underwriting Office.
This is a permanent full-time role based in Gadigal Country (Darling Park 2, Sydney) or Naarm (Melbourne).
What You'll Do
- Lead and manage the Business Divisional Licensing (BDL) renewal process in line with approved procedures
- Act as the subject matter expert on BDL requirements and underwriting authorities
- Assess, manage and recommend BDL exemptions, including referral to the GCUO where required
- Monitor, assess and provide feedback on licensing breaches aligned to divisional risk appetite
- Track regulatory and licensing changes to ensure ongoing compliance
- Support broader Corporate Insurance and Underwriting Risk activities during peak periods
What You'll Bring
- Proven experience in General Insurance with strong commercial lines underwriting exposure
- Long-tail experience strongly preferred
- Strong understanding of insurance regulation, licensing and risk governance
- Demonstrated commercial acumen with sound risk assessment capability
- Outstanding stakeholder engagement, influencing and relationship‑building skills
- Strategic thinker with strong problem‑solving and decision‑making abilities
- Highly developed written communication and report‑writing skills
What We Offer
- Boosted superannuation with 13% as standard.
- 20 days annual leave + 5 days MyLeave (extra leave for what’s important to you).
- Work from home and many more flexibility options with myFlex.
- Up to 50% off personal insurance, including home and motor insurance.
- Partner discounts on private health insurance, tech & appliances, and many more.
- Industry-leading 20 weeks paid parental leave.
- Access to LinkedIn Learning, the award-winning IAG Academy, study assistance and secondment opportunities.
- *employment type eligibility criteria apply
Work Hours: 8
Experience in Months: 12
Level of Education: postgraduate degree
Job application procedure
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