Principal, Group Underwriting Licensing

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 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) 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
• Review, maintain and enhance the BDL Procedure and supporting governance frameworks
• 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 exposure
• Deep underwriting ; 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

Applications close: Monday 8 June 2026 11:59PM AEST

Adjustments and Support 

If you require any support or adjustments to participate equitably in our recruitment process, we encourage you to reach out to [email protected] for a confidential conversation.

More About Us

As part of IAG you'll enjoy a world of career opportunities, a purpose-led place focused on creating connection and belonging, and where you can create meaningful impact every day and grow your career beyond the expected. That’s not just words. It’s our people promise. We're ready for you with unexpected opportunities for your career, your work-life and your ability to make a difference. We celebrate all viewpoints shaped by life experiences and culture, and are guided by the knowledge and voice of Aboriginal and Torres Strait Islander peoples, businesses, and communities. We collaborate on Indigenous-led solutions that enable growth and create meaningful change for our customers and employees.