At a Glance
- Tasks: Evaluate broker submissions, prepare quotes, and underwrite W&I risks.
- Company: Join a leading insurance firm with a strong focus on innovation.
- Benefits: Enjoy competitive salary, hybrid working, and professional development opportunities.
- Other info: Dynamic team environment with excellent career growth potential.
- Why this job: Make an impact in the insurance industry while developing your skills.
- Qualifications: Previous underwriting experience and strong organisational skills.
The predicted salary is between 55000 - 65000 £ 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 in payment collection.
- Support the review and analysis of the portfolio to identify progress towards business objectives.
About you
- Previous underwriting experience in Transactional Liability / W&I.
- Commercial ability to understand key profit drivers to maximise long‑term wealth for shareholders.
- Good knowledge of legal and regulatory requirements.
- Excellent organisational, prioritisation and interpersonal skills.
Underwriter - Transactional Liability / W&I 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 flexible hybrid working options, we support employee growth through continuous learning opportunities and a commitment to professional development, making it an ideal environment for those looking to thrive in the field of Transactional Liability. Join us to be part of a team that values your contributions and prioritises a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Transactional Liability / W&I
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join LinkedIn groups, and don’t be shy about reaching out to current employees at companies you’re interested in. Building relationships can open doors that a CV just can’t.
✨Ace the Interview
Prepare for your interviews by researching common questions for underwriters and practising your responses. Use the STAR method (Situation, Task, Action, Result) to structure your answers and showcase your experience in Transactional Liability and W&I.
✨Showcase Your Skills
When you get the chance to meet potential employers, make sure to highlight your underwriting experience and knowledge of market dynamics. Bring examples of how you've successfully evaluated risks or negotiated terms in past roles to the table.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at QBE.
We think you need these skills to ace Underwriter - Transactional Liability / W&I
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your previous underwriting experience in Transactional Liability and W&I, and don’t forget to showcase your understanding of legal and regulatory requirements.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific skills that align with the job description and how you can contribute to our success.
Showcase Your Interpersonal Skills:Since maintaining relationships with stakeholders is key, make sure to highlight your interpersonal skills in your application. Share examples of how you've successfully built and maintained professional relationships in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at 慨正橡扯
✨Know Your Stuff
Make sure you brush up on your underwriting knowledge, especially around Transactional Liability and Warranty & Indemnity. Familiarise yourself with the latest market trends and regulatory requirements, as this will show that you're not just a candidate, but someone who’s genuinely interested in the field.
✨Showcase Your Experience
Prepare to discuss your previous underwriting experience in detail. Think of specific examples where you've evaluated broker submissions or negotiated terms. This will help demonstrate your commercial ability and how you can contribute to the team’s success.
✨Build Rapport
Since maintaining relationships is key in this role, practice how you’ll connect with your interviewers. Be personable and engage them in conversation about their experiences at the company. This will not only make you memorable but also show that you value collaboration.
✨Ask Smart Questions
Prepare insightful questions about the company’s approach to underwriting and how they navigate market dynamics. This shows that you’re thinking critically about the role and are eager to understand how you can fit into their business objectives.
