Employer: QBE Management Services (UK) Limited Salary: Date Added: 22/11/2023
Primary Details
Time Type: Full time Worker Type: Employee
Assistant Underwriter – Motor
The Opportunity:
We have an exciting role for an Assistant Underwriter to join our Motor team, newly created following sustained and continued growth within this portfolio. Joining an experienced, supportive team in this market-facing role you will develop your underwriting career within a broad, UK focused Motor book with a breadth of appetite and clients. Partnering with major trading partners this role will provide authority to an agreed level,and involvement in client meetings as a key member of the London market team.
?Your Role:
Underwrite insurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: | negotiating rates, terms and conditions for existing and new business | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collection
Participate in meetings, as required, to support the development of strategy, share knowledge and best practice
Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
Adhere to underwriting standards, instructions and good practice to minimise risk and maximize efficiency
Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice
Apply the reinsurance programme to minimise the susceptibility to unknown risks
Maintain relationships with stakeholders including customers, brokers, business partners and colleagues, to increase exposure in the market.
Develop relationships in line with the business plan to support the achievement of business objectives.
Develop knowledge of market dynamics and market cycles to be able to support business performance.
Support the review and analysis of the portfolio to identify progress towards business objectives
About you:
Experience working within motor insurance, whether personal or commercial lines
Intermediate level understanding of relevant software including Excel and other departmental software packages
Excellent interpersonal, communication and negotiation skills.
Capability to analyse and use data for decision making and demonstrate financial acumen
Good team player with the ability to work collaboratively and develop strong working relationships
Flexible approach and ability to recognise and adapt to changing business requirements
At My Best
At QBE, we want our people to feel rewarded and inspired to perform at their best. That’s why we have created At My Best. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA – because we know it’s not just what we do that matters, it’s how we do it that makes the difference. At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today’s workforce. QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation.
