Employer: QBE Management Services (UK) Limited
Salary:
Date Added: 20/11/2023
Primary Details
Time Type: Full time Worker Type: Employee
Underwriter – Commercial Combined
London/Hybrid
QBE’s European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community. We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects.
The Opportunity:
We have a newly created Underwriter position within our Commercial Combined UK team to support our sustained and continued growth plans. This role will have a focused lens on UK-domiciled business writing multiline; property and casualty across the middle -market whilst maintaining and establishing relationships with aligned brokers.
Surrounded by supportive colleagues our market-facing underwriters own their own book of business, including a blend of new and existing business, with exposure across complex and technical risks. We empower our underwriters to use their subject matter expertise and experience, with referrals required only where necessary. Whether you have commercial combined or property underwriting experience we are keen to speak with those looking to make their next move!
Your responsibilities for this role may include, but are not limited to:
-
Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
-
Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
-
Develop relationships in line with the Business Plan to support the achievement of business objectives
-
Understand and comply with QBE reinsurance strategy to minimise risk and deliver business plan objectives
-
Participate fully and use your expertise to shape and develop strategy, knowledge and best practice
-
Positively promote the department, division and company as a whole, in order to maximise brand leverage
-
Comply with all legal and regulatory requirements to ensure obligations are met
-
Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency
-
Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
-
Ensure clear and prompt communication to UA’s in relation to Underwriting and aggregate exposures ensuring entries on EO systems are accurate
You will need to be able to display you have the following qualifications and experience:
-
Experience gained within the insurance industry and good knowledge of underwriting commercial combined business
-
Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
-
Intermediate level understanding of relevant software, including Excel and other departmental software packages
-
Good knowledge of legal and regulatory requirements
-
Understanding of natural catastrophe areas and ability to analyse modelled results
-
Excellent organizational, prioritisation and interpersonal skills
-
The ability to influence actions and attitudes of others through leading by example
-
Negotiating skills, innovative in underwriting approach and programme design
-
Ability to analyse data and use for decision-making
-
Use of risk profiling and pricing tools and loss models
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.
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?
Insurance Times Claims Excellence Awards 2022 Winner – Claims Product Solution of the Year?
Working Families Best Practice Awards 2021 Finalist for:Best COVID-19 Response??
Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year?
We are proud to have partnerships
Application Deadline: 12/01/2024
Contract Type: Permanent
Submitted Applications: 4