At a Glance
- Tasks: Underwrite cyber insurance risks and build strong relationships with clients and partners.
- Company: QBE is a leading international insurer focused on innovative risk solutions and a supportive workplace culture.
- Benefits: Enjoy 30 days holiday, flexible working options, private medical insurance, and sustainable investing opportunities.
- Why this job: Join a dynamic team in a growing field, contributing to a resilient future while developing your career.
- Qualifications: Experience in underwriting preferred; strong relationship-building and negotiation skills are essential.
- Other info: Hybrid working available, with a focus on inclusivity and employee wellbeing.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
Primary Details
Time Type: Full time Worker Type: Employee
Underwriter – Cyber
London, with hybrid working
Our Cyber underwriting offering is a strategic priority for QBE, with notable growth achieved to date and exciting plans to continue this. As a result, we are increasing our Underwriting presence in London with a newly created Underwriter role to join an innovative and successful team.
As a leading player in the Cyber market, our global book covers a variety of territories including UK, EUR, AUS and US whilst offering a broad appetite of coverage providing the capacity to underwrite all types of risk. We are primary and lead focused, with Lloyd’s and company market coverage and a global cyber services team to support our policies.
This is a brilliant opportunity to continue your career with Cyber as part of a connected and globally collaborative product offering.
Your new role
- Underwrite insurance risks in line with the Business Plan and your personal authority
- Build and maintain strong relationships with customers, brokers, business partners, and colleagues
- Develop new connections to support business growth and strategic goals
- Apply the reinsurance strategy to manage risk and meet business objectives
- Contribute expertise to help shape strategy, share knowledge, and improve practices
- Represent the department and company positively to strengthen brand presence
- Ensure compliance with all legal and regulatory requirements
- Follow underwriting standards and best practices to reduce risk and improve efficiency
- Stay informed on market trends and cycles to support effective decision-making
- Communicate clearly with Underwriting Assistants and ensure accurate system entries
About You
- An experienced Underwriter with a clear focus on building relationships
- Cyber underwriting experience is preferred, but we are open to a background in a different product if you have good market presence and are keen explore a growing book of business
- Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
- Excellent organisational, prioritisation and interpersonal skills
- The ability to influence actions and attitudes of others through leading by example
- Good negotiating skills, innovative in underwriting approach and programme design
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 (https://careers/flex-qbe/).?
With more than 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.??
To find out more about why you should work for QBE, visit our careers website.?
At My Best – QBE Benefits??
You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? As well as the benefits below we also offer an extensive choice of other options to suit 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. 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 award’s 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 includ
Underwriter - Cyber employer: QBE Management Services (UK) Limited
Contact Detail:
QBE Management Services (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Cyber
✨Tip Number 1
Familiarise yourself with the latest trends in cyber insurance. Understanding current market dynamics and emerging risks will not only help you in interviews but also demonstrate your commitment to the field.
✨Tip Number 2
Network with professionals in the cyber insurance space. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the role and company culture at QBE.
✨Tip Number 3
Prepare to discuss your relationship-building skills. Since this role emphasises strong connections with customers and brokers, think of examples from your past experiences where you've successfully built and maintained professional relationships.
✨Tip Number 4
Research QBE's values and culture. Understanding their commitment to inclusivity and employee wellbeing can help you align your responses during interviews, showing that you're a good fit for their team.
We think you need these skills to ace Underwriter - Cyber
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting, especially in the cyber sector. Use specific examples that demonstrate your ability to build relationships and manage risks effectively.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with QBE's goals and values, particularly in relation to their focus on innovation and collaboration in the cyber market.
Showcase Your Skills: Emphasise your organisational, negotiation, and interpersonal skills in your application. Provide concrete examples of how you've influenced others or contributed to business growth in previous roles.
Research QBE: Familiarise yourself with QBE's culture, values, and recent achievements. This knowledge will help you tailor your application and demonstrate your genuine interest in becoming part of their team.
How to prepare for a job interview at QBE Management Services (UK) Limited
✨Know Your Cyber Underwriting Basics
Make sure you brush up on the fundamentals of cyber underwriting. Understand the types of risks involved and be prepared to discuss how you would assess and manage these risks in your role.
✨Showcase Your Relationship-Building Skills
Since building strong relationships is key for this role, think of examples from your past experiences where you've successfully developed connections with clients or colleagues. Be ready to share these stories during the interview.
✨Demonstrate Market Awareness
Stay informed about current trends in the cyber insurance market. Be prepared to discuss how these trends could impact underwriting decisions and the overall business strategy.
✨Prepare Questions for Your Interviewers
Have a list of insightful questions ready to ask your interviewers. This shows your genuine interest in the role and helps you understand how you can contribute to the company's goals.