Profile
“No matter how many clients I have, I make sure to call each one personally every quarter. It’s a chance to not only update them on their portfolio, but also check on how they’re doing personally”
Kelvin Rampersad,
Carte Wealth Management
Mitchel McDonald, an Executive Assurance underwriter at Arch Insurance Australia, plays a vital role in assessing risks, crafting tailored insurance solutions and fostering strong relationships with brokers and clients in the Directors & Officers (D&O) liability insurance market. Mitchel’s primary responsibilities include the evaluation of risk profiles for companies spanning from small and medium-sized enterprises to the top 20 companies listed on the Australian Securities Exchange (ASX). This involves a meticulous analysis of intricate financial statements, corporate governance practices, solvency analysis, regulatory compliance and industry landscapes. By carefully evaluating the unique risks specific to the client’s industry and exposures, he determines appropriate coverage limits, terms, conditions and premium rates for each bespoke D&O policy.
With a diverse background spanning between claims services and financial lines broking and underwriting, Mitchel brings a wealth of experience to his role. He leverages this expertise to provide a deep understanding of the nuances of individual client requirements and fosters a collaborative, supportive and solution-led work environment to ensure the delivery of the most appropriate solutions for clients.
Throughout his career, Mitchel has maintained a high standard of professionalism, consistently demonstrating ethical behaviour, attention to detail and a commitment to excellence. Going forward, he strives to innovate the insurance industry, advocate for positive change and assist in bringing new talent into the field through mentorship and guidance.
Level 10, 155 Clarence Street, Sydney, NSW 2000
0402 722 686
mmcdonald@archinsurance.com.au
linkedin.com/in/mitchel-mcdonald-75aa4b174
archinsurance.com.au
Mitchel McDonald
Underwriter, Executive Assurance
Arch Insurance Australia
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“I strongly believe in working smarter, not harder. I think it’s one of the keys to living a great life, and I want to share that with as many people as possible”
Kelvin Rampersad,
Carte Wealth Management
2016–2017
2017–2018
2018–2022
2022–2023
2023–present
2016–2017: Indigenous Trainee - Personal Banker Advisory, Westpac Banking, Orange: Commenced a professional career as part of Westpac’s Indigenous Traineeship program, delivering banking services to retail and business clients. Developed strong customer service and problem-solving skills, laying the foundation for future success in financial services and insurance
2017: Certificate III in Business; Certificate III Financial Services
2016–
2017
2017–2018: Business Banker, Westpac Banking, Sydney: Recruited from the Orange branch to support the business banking team in Sydney. Managed a diverse portfolio of accounts, providing tailored financial solutions and high-level advice to assist clients in achieving their financial goals
2018: RG146 (Tier 2) Financial Services; Certificate IV Financial Services
2017–
2018
2018–2022: Broker Assistant, Account Executive then Senior Account Executive, Collective Insurance Brokers: Progressed from Assistant Broker to Senior Account Executive, managing over 800 renewals in strata and property insurance with insured values exceeding $250 million. Delivered innovative insurance solutions and mentored junior brokers, significantly contributing to the firm’s growth
2019: ASIC RG146 Tier 1 Insurance Broking Compliance
2021: Bachelor of Business, Finance, General at University of New England (AU); Certificate IV in Finance and Mortgage Broking; Diploma of Finance and Mortgage Brokering Management
2018–
2022
Account Executive, Gow-Gates Insurance Brokers: Managed the placement of financial lines solutions, including D&O, Professional Indemnity, Cyber, Medical Malpractice and IMI insurance. Conducted comprehensive reviews of businesses, policy wordings and exclusions to ensure appropriate coverage for clients while leading the placement of complex risks
2022–
2023
Underwriter, Arch Insurance: Started the journey as an underwriter in financial lines, specialising in Directors and Officers (D&O) insurance for SMEs and ASX20 companies. Responsibilities include analysing financial statements to identify claims exposure and analysing industry trends while collaborating with brokers to develop tailored policies
Participate in events for YIPS, ANZIIF, APIG and AILA, promoting the industry and encouraging young professionals to explore careers in insurance and financial lines
2023–
present
Suncorp Bank’s turnaround times are the lowest they have ever been. The lender becomes Australia’s first certified carbon neutral bank for both its operation and transaction services
Aug 2022
Milestones
Milestones
ELITE WOMEN 2024 JUDGE