At a Glance
- Tasks: Assess risks and tailor insurance solutions for clients and brokers.
- Company: Join a leading insurance company with a supportive and empowering culture.
- Benefits: 30 days holiday, 10% pension contributions, and family-friendly policies.
- Other info: Hybrid working model and excellent career development opportunities.
- Why this job: Shape your underwriting career while making a real impact in the insurance industry.
- Qualifications: Experience in Property or P&C underwriting and strong negotiation skills.
The predicted salary is between 55000 - 65000 £ per year.
London based role with hybrid working. Be part of an environment where you are empowered to use your expertise to further develop your Underwriting career.
The Opportunity
We are hiring for an experienced Underwriter to join our well‑established Property & Casualty (South East) team based in London. 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.
Your New 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.
Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
About You
- Experienced within the Property or P&C underwriting space.
- Good knowledge of legal and regulatory requirements.
- Excellent organisational, prioritisation and interpersonal skills.
- Good negotiation and presentation skills.
- Use of risk profiling and pricing tools and loss models.
Benefits
- 30 days holiday a year with the option to buy up to 2 additional days.
- Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
- Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
Equal Employment Opportunity
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Underwriter – Property & Casualty employer: hackajob
Join QBE, a leading employer in the insurance sector, where you will thrive in a supportive and dynamic work culture that values your expertise and fosters professional growth. Based in London, our hybrid working model allows for flexibility while you engage with a diverse team, build strong relationships, and contribute to innovative underwriting strategies. With generous benefits including 30 days of holiday and comprehensive family-friendly policies, QBE is committed to creating a rewarding environment for all employees.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Property & Casualty
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current underwriters on LinkedIn. Building relationships can open doors that applications alone can't.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, make sure to highlight your experience in Property & Casualty underwriting. Share specific examples of how you've assessed risks and tailored solutions – it’ll show you know your stuff!
✨Prepare for Interviews
Do your homework before interviews! Understand the company’s values and recent developments in the insurance market. This will help you tailor your answers and demonstrate that you're not just another candidate but someone who genuinely cares about the role.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Underwriter – Property & Casualty
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in Property & Casualty underwriting and any relevant skills that match the job description. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about underwriting and how you can contribute to our team. Be sure to mention specific experiences that demonstrate your expertise and fit for the role.
Showcase Your Skills:Don’t forget to highlight your organisational, negotiation, and interpersonal skills in your application. These are key for the Underwriter position, so give us examples of how you've used these skills in your previous roles.
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 from our team!
How to prepare for a job interview at hackajob
✨Know Your Underwriting Stuff
Make sure you brush up on your knowledge of property and casualty underwriting. Be ready to discuss specific risks, coverage options, and how you assess applications. This shows you’re not just familiar with the basics but can also dive deep into the details.
✨Build Rapport with Stakeholders
Since the role involves working closely with brokers and clients, practice how you’ll build relationships during the interview. Think of examples where you’ve successfully collaborated or negotiated in the past. This will demonstrate your interpersonal skills and ability to influence.
✨Stay Updated on Market Trends
Familiarise yourself with current market dynamics and trends in the insurance industry. Being able to discuss these during your interview will show that you’re proactive and understand the bigger picture, which is crucial for an underwriter.
✨Prepare for Regulatory Questions
Given the importance of legal and regulatory compliance in underwriting, be prepared to answer questions about relevant laws and regulations. Highlight your experience in adhering to these standards and how it has shaped your approach to risk assessment.
