At a Glance
- Tasks: Join our Property team to assess risks and tailor insurance solutions.
- Company: QBE Insurance is a global insurer focused on innovation and resilience.
- Benefits: Enjoy flexible working, 30 days holiday, and comprehensive medical cover.
- Why this job: Empower your career in a supportive culture that values diversity and sustainability.
- Qualifications: Experience in UK Property Underwriting and strong negotiation skills required.
- Other info: Hybrid working options available; apply now to shape the future with us!
The predicted salary is between 36000 - 60000 £ per year.
We are hiring for an Underwriter to join our experienced Property team based in Birmingham. In this role, you'll play a crucial role in assessing risks, evaluating insurance applications, and determining coverage options. You'll work closely with brokers and clients to understand their needs and tailor insurance solutions to meet their requirements. This is a great opportunity to be part of an environment where you are empowered to use your own subject matter expertise to further develop your Underwriting career.
Your Role
- 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.
- 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.
About You
- Experience within the UK Property Underwriting space.
- 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.
- Excellent organisational, prioritisation and interpersonal skills.
- Good negotiating skills, innovative in underwriting approach and programme design.
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.
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.
With more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
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 and 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.
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.
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.
Underwriter - QBE Insurance employer: QBE Insurance
Contact Detail:
QBE Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - QBE Insurance
✨Tip Number 1
Familiarise yourself with the latest trends in the UK Property Underwriting market. Understanding current market dynamics will not only help you in interviews but also demonstrate your proactive approach to staying informed.
✨Tip Number 2
Network with professionals in the insurance industry, especially those working in underwriting. Attend relevant events or join online forums to build connections that could lead to referrals or insider information about the role.
✨Tip Number 3
Prepare to discuss specific examples of how you've assessed risks and tailored insurance solutions in previous roles. This will showcase your practical experience and ability to meet the needs of brokers and clients effectively.
✨Tip Number 4
Research QBE's company culture and values thoroughly. Being able to articulate how your personal values align with theirs during the interview can set you apart as a candidate who is not only qualified but also a good cultural fit.
We think you need these skills to ace Underwriter - QBE Insurance
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of an Underwriter at QBE Insurance. Familiarise yourself with the key skills and experiences mentioned in the job description, such as risk assessment and relationship building.
Tailor Your CV: Customise your CV to highlight relevant experience in property underwriting and any specific software skills, like Excel. Use keywords from the job description to ensure your CV aligns with what QBE is looking for.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for underwriting and how your background makes you a great fit for QBE. Mention specific examples of your experience in assessing risks and working with clients or brokers.
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, which is crucial in underwriting.
How to prepare for a job interview at QBE Insurance
✨Know Your Underwriting Basics
Make sure you brush up on your knowledge of property underwriting principles. Be prepared to discuss how you assess risks and evaluate insurance applications, as this will be a key part of the role.
✨Showcase Your Relationship-Building Skills
Since the role involves working closely with brokers and clients, highlight your experience in building strong relationships. Share examples of how you've successfully collaborated with stakeholders in the past.
✨Demonstrate Market Awareness
Stay updated on current market dynamics and trends in the insurance industry. Be ready to discuss how these factors influence underwriting decisions and how you can adapt to changes.
✨Prepare for Scenario Questions
Expect scenario-based questions that test your critical thinking and decision-making skills. Practice articulating your thought process when faced with complex underwriting situations.