At a Glance
- Tasks: Join our Casualty Team as an Assistant Underwriter, managing renewals and new business quotes.
- Company: QBE Insurance is a friendly, international insurer focused on innovation and resilience.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and more!
- Why this job: Make a real impact in a supportive, inclusive culture while developing your skills.
- Qualifications: Strong numeracy, literacy, and problem-solving skills are essential; familiarity with Word and Excel is a plus.
- Other info: Hybrid working options available; we value diversity and sustainability in our workplace.
The predicted salary is between 28800 - 43200 £ per year.
To underwrite business and support an Underwriting team in accordance with the business plan and within delegated underwriting authority.
We have an Assistant Underwriter role joining our Casualty Team based in Glasgow. As an Assistant Underwriter you will play a crucial role in developing business within the team. Your role will involve a combination of renewal management, new business quote management, looking at pipeline and seeking out opportunities to the wider business whilst liaising with broker panels and attending meetings. With hybrid office working and excellent benefits including 30 days holiday, you will be working in a supportive, inclusive, and collaborative environment.
About the role:
- Follow the annual business plan for the portfolio and its context to be able to make decisions appropriately.
- Contribute, as required, to the planning process through research and project work.
- Participate in meetings, as required, to support the development of strategy, share knowledge and best practice.
- Support the promotion of the department, division and company as a whole, in order to maximize brand leverage.
- 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 minimize risk and maximize efficiency.
- Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice.
- Apply the reinsurance programme to minimize 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.
- Underwrite insurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required.
About you:
- A high level of numeracy and literacy with proven organizational and analytical skills.
- Ability to prioritise work to demanding deadlines; adaptable to changing priorities.
- Good interpersonal and communication skills.
- Problem solving skills demonstrating tenacity in handling and resolving queries.
- Understanding of Word, Excel and other departmental software packages.
Why QBE?
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.
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.
Cycle-to-Work - benefit from regular exercise whilst making your commute greener and cheaper, select a bike and/or accessories up to the value of £5,000.
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.
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.
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.
Assistant Underwriter - QBE Insurance employer: QBE Insurance
Contact Detail:
QBE Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - QBE Insurance
✨Tip Number 1
Familiarise yourself with the insurance industry, particularly the casualty sector. Understanding market dynamics and current trends will not only help you in interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals in the underwriting field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at QBE.
✨Tip Number 3
Prepare for potential interview questions by practising your responses to common scenarios faced by underwriters. This could include discussing how you would handle risk assessment or manage broker relationships.
✨Tip Number 4
Showcase your analytical skills during the application process. Be ready to discuss specific examples of how you've used data to make decisions or solve problems in previous roles, as this is crucial for an Assistant Underwriter.
We think you need these skills to ace Assistant Underwriter - QBE Insurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Assistant Underwriter role. Focus on your analytical skills, communication abilities, and any previous experience in underwriting or insurance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific aspects of QBE Insurance that resonate with you, such as their commitment to inclusivity and sustainability.
Highlight Relevant Skills: In your application, emphasise key skills mentioned in the job description, such as problem-solving, stakeholder management, and financial advising. Use examples from your past experiences to demonstrate these skills.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial in underwriting.
How to prepare for a job interview at QBE Insurance
✨Understand the Role
Before your interview, make sure you thoroughly understand the responsibilities of an Assistant Underwriter. Familiarise yourself with underwriting processes, renewal management, and how to liaise effectively with brokers. This knowledge will help you answer questions confidently and demonstrate your enthusiasm for the role.
✨Showcase Your Analytical Skills
As an Assistant Underwriter, strong analytical skills are crucial. Be prepared to discuss examples from your past experiences where you've successfully analysed data or solved complex problems. Highlight your ability to prioritise tasks and adapt to changing priorities, as this is essential in a fast-paced environment.
✨Prepare Questions
Interviews are a two-way street, so prepare thoughtful questions to ask your interviewers. Inquire about the team dynamics, the company's approach to risk management, or how they support professional development. This shows your genuine interest in the company and the role.
✨Demonstrate Interpersonal Skills
Since the role involves maintaining relationships with various stakeholders, be ready to discuss your interpersonal and communication skills. Share examples of how you've successfully collaborated with others in previous roles, and emphasise your ability to build rapport with clients and colleagues alike.