We have an exciting opportunity to join our Manchester leadership team as a Regional Underwriting Manager, managing our Property & Package book of business. This role will focus on delivering the agreed allocation of the business plan and management of the underwriting team. With a split between mono and packaged business, this is an experienced successful team who are market-facing and trading led. The role itself is also broker engagement led and hands on whilst providing technical underwriting support to your team. Our overall Manchester and wider UK underwriting offerings have delivered sustained, continued growth and this role will be instrumental in continuing this growth trajectory throughout 2024 and beyond.
Your responsibilities for this role include, but are not limited to:
Contribute to the overall Branch business Plan and deliver key metrics of the Product Business Plans – GWP, New Business, NCOR, Rate, Retention and Acquisition Costs.
Monitor and report on progress Plan to Branch Head of Trading, identify deviations, recommend remedial action, and implement. Contribute to the Planning process by working with the Product teams to make recommendations from an overall branch perspective
Ensure the team’s awareness of the business plan and its context, to be able to make decisions appropriately. Apply the Reinsurance Strategy in order to safeguard the portfolio
Execute responsibilities as required by QBE EO’s underwriting and compliance framework to ensure all activities: | comply with all legal and regulatory requirements; | adhere to underwriting standards and good practice; | meet conduct risk effectively
Underwrite insurance risks in accordance with the business plan and the personal authority to meet business objectives, including: | negotiating rates, terms and conditions for existing and new business| compliance with the production and issue of contract certainty documentation | ensuring compliance with internal and external regulations and guidelines | ensuring contribution to the business plan and objectives | support credit control in payment collection
Contribute to the review and analysis of the portfolio, as required, to identify any trends that require action or further investigation, participating to the peer review process whilst encouraging excellence
Keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately. Engage with broker, customer, and other partners through external engagement/visibility to maximise influence and achieve Business Plan Objectives
In collaboration with the Market Management provide input to distribution plans with agreed strategic broker partners. Represent QBE’s interests at a local level with the press, internal and external groups and through participation in industry forums.
Work with the Head of Trading and support the product team to: |execute business plan and strategy | align people, resources, and processes to business needs | establish clear accountabilities and build a culture of collaboration
Manage, resource, motivate, develop, and focus the team to ensure the required standards of performance and support the continuing personal and professional development of team members
Manage and make recommendations in respect of recruitment, performance management, recognition, and reward of the Branch team. Provide input to the UK talent and development plans by actively managing at Branch level to ensure PDP’s in place and managed through Me@QBE
You will need to be able to display you have the following qualifications and experience
Experience in Underwriting and wider market conditions across the Property & Package Underwriting space.
Either previous of clear transferable skills for people management, providing encouragement, support and technical expertise to your team
Good numeracy, literacy and analytical skills
Good trading and negotiation skills with excellent interpersonal and collaboration skills
Intermediate/advanced level understanding of relevant software, including Excel and other departmental software packages.
Good knowledge of relevant legal and regulatory requirements
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.
Why QBE? 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. In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.
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.
Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;?
Employer of the Year 2022Winner – Insurance Insider
British Claims Awards 2022 Winner – InsurTech Award?&nbs
