Underwriting Governance Officer

Underwriting Governance Officer

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Governance team to ensure underwriting meets top standards and compliance.
  • Company: QBE is a global insurer focused on innovation and sustainability.
  • Benefits: Enjoy 30 days holiday, flexible working, and comprehensive medical insurance.
  • Why this job: Make a real impact in a supportive culture that values your growth.
  • Qualifications: Relevant insurance experience preferred but not required; proactive self-starter needed.
  • Other info: We promote diversity and inclusion, welcoming all backgrounds.

The predicted salary is between 36000 - 60000 £ per year.

Primary Details

Time Type: Full time

Worker Type: Employee

Underwriting Governance Officer

The opportunity

This is a great opportunity to join our dynamic Governance, Sustainability and Standards (GSS) team in London. In this role, you’ll be at the forefront of ensuring the underwriting activities across EO (with particular focus on Europe), meet the highest standards of governance, policy, and regulatory compliance. Assisting and supporting the Underwriting Governance Manager (UGM) and the Underwriting Standards Manager (USM), you will provide vital assurance to the Head of GSS and the Chief Underwriting Officer (CUO) that Governance and Standards are appropriate and being met. Your work will be pivotal in ensuring all activities are controlled and conducted in accordance with all relevant Governance Standards, Policies, Strategic Priorities, Group and Regulatory Requirements. If you’re ready to take on a challenging and rewarding role that directly influences our success, this is the opportunity you’ve been waiting for!

Your new role:

  • Assist the UGM to manage, review and update the Europe Product Governance Framework, policies and guidelines as required and in line with the Group Document Standards and regulatory requirements to ensure that they remain appropriate.
  • Work with the Europe Underwriting Management team, Europe Compliance and other key stakeholders to ensure that the Europe Product Register is maintained and includes all the relevant information.
  • Assist the UGM to manage the scheduling and operation of the Europe (and UK) Product Review process, working with Underwriters if needed to complete the product reviews, and ensure that they are appropriately signed off and shared with Brokers in a timely manner in line with QBE and regulatory requirements.
  • Attend Product Governance meetings, noting minutes and following up on actions if required.
  • Provide general assistance and guidance to underwriters and other key (European) stakeholders on the product development and review process.
  • Monitor the EO Product Governance mailbox, dealing with Broker queries or escalating matters to the UGM where required.
  • Assist the USM with maintaining/delivering Underwriting Standards guidelines, policies, online training and communications through conducting regular reviews against Group and/or regulatory requirements, to ensure they are up to date, relevant and updated/cascaded appropriately.
  • Contribute to specific projects/tasks as required.

About you:

  • Relevant Insurance experience covering underwriting governance and/or practices and an understanding of risk and mitigating controls is preferred but not a requirement.
  • Experience of understanding underwriting standards and controls is preferred but not a requirement.
  • Experience of working with multiple functions, underwriting disciplines and stakeholders across an organisation including multiple geographies.
  • Have the ability to focus on all areas of a project or task, paying attention to detail and thoroughly reviewing work prior to submission.
  • Proactive self-starter who takes initiative to move tasks forward independently and can excel in fast-paced environments and take accountability.
  • Adept at managing your time effectively, consistently meeting deadlines and working efficiently to ensure tasks are completed on schedule.
  • Can handle multiple tasks simultaneously, staying organised and maintaining high performance across various responsibilities.

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.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.

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.

At My Best – QBE Benefits

  • 30 days holiday a year with the option to buy up to 2 additional days.
  • Flexible working – balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
  • Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
  • Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
  • Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
  • Short term remote work abroad – you can request up to 20 days per year to work remotely from certain locations abroad.
  • Sustainable investing – we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet’s future, as well as your own.
  • Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.

To find out more visit our Reward Page.

QBE Awards

Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include:

  • AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
  • Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer
  • UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
  • Working Dads Employer Awards 2023 Winner: Parental Policies Award
  • Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee

You can view all our awards here.

Inclusion of Diversity

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page.

Accessibility

Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report.

What next? If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

We believe this is our moment – what if it was yours too?

APPLY NOW and let’s make it happen!

Skills:

Administration Management, Analytical Thinking, Communication, Critical Thinking, Customer Service, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Regulatory Compliance, Risk Management, Sourcing Analytics, Stakeholder Management, Strategic Management, Team Development

How to Apply:

To submit your application, click “Apply” and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

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Underwriting Governance Officer employer: QBE Insurance Group Limited

At QBE, we pride ourselves on fostering a dynamic and inclusive work environment in London, where our employees are empowered to excel and grow. With a strong focus on employee well-being, we offer flexible working arrangements, generous holiday allowances, and comprehensive benefits, including private medical insurance and family-friendly policies. Join us to be part of a forward-thinking team that values innovation and sustainability, while making a meaningful impact in the insurance industry.
Q

Contact Detail:

QBE Insurance Group Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriting Governance Officer

✨Tip Number 1

Familiarize yourself with the latest underwriting governance standards and regulatory requirements in Europe. This knowledge will not only help you understand the role better but also demonstrate your commitment to compliance during the interview process.

✨Tip Number 2

Network with professionals in the insurance industry, especially those involved in underwriting governance. Attend relevant events or webinars to connect with potential colleagues and learn more about the current trends and challenges in the field.

✨Tip Number 3

Prepare to discuss specific examples of how you've contributed to governance or compliance initiatives in previous roles. Highlighting your proactive approach and attention to detail will resonate well with the hiring team.

✨Tip Number 4

Showcase your ability to work collaboratively across different functions and geographies. Emphasizing your experience in managing multiple stakeholders will be crucial, as this role requires effective communication and coordination with various teams.

We think you need these skills to ace Underwriting Governance Officer

Underwriting Governance
Regulatory Compliance
Risk Management
Analytical Thinking
Attention to Detail
Stakeholder Management
Project Management
Communication Skills
Time Management
Proactive Problem Solving
Collaboration
Product Development
Policy Review
Documentation Standards

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the Underwriting Governance Officer position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasize any relevant insurance experience, particularly in underwriting governance or risk management. Use specific examples to demonstrate how your background aligns with the requirements of the role.

Showcase Your Skills: Make sure to highlight your analytical thinking, communication skills, and ability to manage multiple tasks. Provide examples of how you've successfully worked with various stakeholders and maintained high performance under pressure.

Craft a Compelling Cover Letter: Write a personalized cover letter that expresses your passion for the role and the company. Mention why you are interested in QBE and how you can contribute to their vision of enabling a more resilient future.

How to prepare for a job interview at QBE Insurance Group Limited

✨Understand Governance Standards

Make sure you have a solid grasp of the governance standards and regulatory requirements relevant to underwriting. Familiarize yourself with the specific policies and frameworks that the company adheres to, as this will demonstrate your commitment to compliance and quality.

✨Showcase Your Attention to Detail

In this role, attention to detail is crucial. Prepare examples from your past experiences where your meticulous nature helped in managing projects or ensuring compliance. Highlight how you review work thoroughly before submission.

✨Demonstrate Proactive Initiative

As a proactive self-starter, be ready to discuss instances where you took the initiative to move tasks forward independently. This could include leading a project or suggesting improvements in processes that benefited your team.

✨Prepare for Stakeholder Interaction

Since the role involves working with multiple functions and stakeholders, prepare to discuss your experience in collaborating across teams. Be ready to share how you effectively communicate and manage relationships with various stakeholders.

Underwriting Governance Officer
QBE Insurance Group Limited
Q
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