At a Glance
- Tasks: Evaluate submissions, prepare quotes, and underwrite W&I risks.
- Company: Join a leading insurance firm with a strong focus on innovation.
- Benefits: Enjoy competitive pay, hybrid working, and professional growth opportunities.
- Other info: Dynamic team environment with excellent career advancement potential.
- Why this job: Make an impact in the insurance industry while developing valuable skills.
- Qualifications: Strong analytical skills and a passion for risk assessment.
The predicted salary is between 70000 - 90000 £ per year.
We have an exciting opportunity for an Underwriter to join our Transactional Liability team based in our London office, with flexibility for some remote work.
QBE’s European Operations Transactional Liability team is recognised for its strong, hands‑on experience in Warranty & Indemnity (W&I). Our superior products and services minimise risk, allowing us to focus on more critical responsibilities, such as securing the deal.
In this role, you’ll be responsible for day‑to‑day tasks such as evaluating broker submissions, preparing quotes, and assisting the team with underwriting a broad spectrum of W&I risks.
Your new role:
- Underwrite business in accordance with the business plan and within our UK and European business.
- Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.
- Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice.
- Maintain and develop relationships with stakeholders including customers, brokers, business partners and colleagues, to increase exposure in the market.
- Develop knowledge of market dynamics and market cycles to support business performance.
- Underwrite insurance risks to meet business objectives, including negotiating rates, terms and conditions for existing and new business, ensuring production and issue of contract certainty documentation and supporting credit control.
Underwriter - Transactional Liability / W&I in London employer: 慨正橡扯
At QBE, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within our London office. With a strong emphasis on employee growth, we provide comprehensive training and development opportunities, alongside the flexibility of hybrid working arrangements, ensuring a healthy work-life balance. Join us to be part of a team that values your contributions and supports your professional journey in the exciting field of Transactional Liability.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Transactional Liability / W&I in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like 慨正橡扯). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like 慨正橡扯. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter - Transactional Liability / W&I in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at 慨正橡扯.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at 慨正橡扯. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at 慨正橡扯
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at 慨正橡扯 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at 慨正橡扯, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding 慨正橡扯's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
