At a Glance
- Tasks: Join QBE as a Technical Underwriting Consultant, driving excellence in Financial Lines.
- Company: QBE is a down-to-earth international insurer focused on making a real impact.
- Benefits: Enjoy 30 days holiday, flexible working, and comprehensive private medical insurance.
- Why this job: Be part of a supportive culture that values your contributions and promotes inclusivity.
- Qualifications: Strong understanding of Financial Lines products and excellent stakeholder management skills required.
- Other info: Work in a hybrid environment with opportunities for remote work abroad.
The predicted salary is between 36000 - 60000 £ per year.
We are seeking an experienced individual to join QBE as a Technical Underwriting Consultant in London. In this role you'll play a key role in supporting the Financial Lines Product Leader and other Financial Lines Product Leaders across the globe by driving underwriting excellence and ensuring strong governance. Working with the P&L owners, you'll help shape and uphold underwriting standards that align with business plans, while providing expert insight and oversight across portfolios and unit functions. With hybrid office working and excellent benefits including 30 days holiday, you will be working in a supportive and inclusive environment.
Your Role:
- Ensure compliance with Minimum Underwriting Standards across the product line.
- Coordinate strategy setting and project work related to Financial Lines products, including updating underwriting guidelines and addressing regional pain points.
- Support portfolio planning and reviews by identifying risks and ensuring alignment with regulatory changes and market dynamics.
- Research legislative changes and emerging risks across regions and support the rollout of updated guidance.
- Collaborate with regional heads and underwriters to ensure alignment and effective communication across markets.
- Contribute ideas to support delivery of the business plan and portfolio development.
- Promote the business internally and externally to strengthen QBE's market presence.
- Build strong relationships with key stakeholders including product heads across the globe, underwriters, governance, regulatory teams and actuaries.
- Monitor portfolio performance and recommend actions to meet business objectives.
- Act as a technical expert to identify risks, opportunities, and improvements.
- Represent QBE's interests, as requested, with internal and external groups through participation in industry forums and corporate events.
About you:
- An understanding of Financial Lines products is essential for this role.
- Strong numerical skills with the ability to interpret P&L data and confidently work with large data sets.
- Background in commercial insurance, with a solid understanding of industry practices and market dynamics.
- Good stakeholder management and negotiation skills with the ability to build relationships across regions and functions.
- Able to manage multiple priorities effectively, stay organised, and set clear timeframes while holding others accountable.
- Curious and open-minded about international legislation, with an interest in understanding how regulatory differences impact global operations.
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.
- 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.
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.
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.
Contact Detail:
QBE Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Consultant - QBE Insurance
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in Financial Lines insurance. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly changing industry.
✨Tip Number 2
Network with professionals in the insurance sector, especially those who work in underwriting or financial lines. Attend industry events or webinars to make connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed stakeholder relationships in previous roles. Highlighting your negotiation skills and ability to collaborate across functions will be crucial for this position.
✨Tip Number 4
Research QBE's recent projects and initiatives related to sustainability and innovation in insurance. Being able to speak knowledgeably about their goals and how you can contribute will set you apart from other candidates.
We think you need these skills to ace Consultant - QBE Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Technical Underwriting Consultant position. Tailor your application to highlight your relevant experience in Financial Lines products and commercial insurance.
Craft a Strong CV: Your CV should clearly outline your professional experience, particularly in underwriting and stakeholder management. Use quantifiable achievements to demonstrate your impact in previous roles, especially those related to financial lines and risk management.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and QBE's mission. Highlight specific experiences that align with the job description, such as your ability to interpret P&L data or manage multiple priorities effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial in the insurance industry.
How to prepare for a job interview at QBE Insurance
✨Understand Financial Lines Products
Make sure you have a solid grasp of Financial Lines products. Brush up on the latest trends and challenges in this area, as demonstrating your knowledge will show that you're serious about the role and can contribute effectively.
✨Showcase Your Numerical Skills
Since the role involves interpreting P&L data, be prepared to discuss your experience with large data sets. You might even want to bring examples of how you've used numerical analysis to make decisions or improve processes in previous roles.
✨Prepare for Stakeholder Management Questions
Given the importance of building relationships across regions and functions, think of specific examples where you've successfully managed stakeholders. Be ready to discuss your negotiation skills and how you've navigated complex situations.
✨Demonstrate Curiosity About Regulatory Changes
QBE values curiosity about international legislation. Prepare to discuss how regulatory differences impact global operations and share any insights you have on recent legislative changes that could affect the insurance industry.