Senior Underwriter – Financial Institutions (FI) in London

Senior Underwriter – Financial Institutions (FI) in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
QBE Europe

At a Glance

  • Tasks: Underwrite insurance risks and build strong relationships with stakeholders.
  • Company: Dynamic insurance company with a focus on innovation and teamwork.
  • Benefits: 30 days holiday, flexible working options, and a generous pension scheme.
  • Other info: Opportunity for professional growth in a supportive environment.
  • Why this job: Join a team that shapes strategy and drives business success in the financial sector.
  • Qualifications: Experience in FI underwriting and strong organisational skills required.

The predicted salary is between 60000 - 80000 £ per year.

Location: London, hybrid working.

Time Type: Full time.

Worker Type: Employee.

Responsibilities

  • Underwrite insurance risks in alignment with the Business Plan and personal authority to achieve business objectives.
  • Cultivate and maintain strong relationships with stakeholders, including customers, brokers, and colleagues, to maximise influence and support business goals.
  • Develop strategic relationships in line with the Business Plan to facilitate the achievement of objectives.
  • Ensure compliance with insurance strategy to mitigate risk and achieve business plan targets.
  • Participate actively in shaping and developing strategy, knowledge and best practices within the team.
  • Maintain underwriting standards, instructions, and best practices to minimise risk and enhance efficiency.
  • Stay updated on market dynamics and demonstrate market cycle awareness to operate effectively.
  • Motivate and develop the team by demonstrating good leadership behaviours and management best practice to support the achievement of business goals.

Qualifications

  • Previous FI underwriting experience.
  • Commercial acumen to grasp key profit drivers and maximise long‑term wealth for shareholders.
  • Intermediate proficiency in relevant software, including Excel and other departmental tools.
  • Excellent organisational, prioritisation, and interpersonal skills.

Benefits

  • 30 days holiday a year with the option to buy up to 2 additional days.
  • Flexible working – part‑time, job share and compressed hours available.
  • Pension – automatically enrolled, employer contributions of 10% of your basic salary.

QBE is an equal opportunity employer and complies with equal employment opportunity legislation in each jurisdiction.

Senior Underwriter – Financial Institutions (FI) in London employer: QBE Europe

As a Senior Underwriter at our London office, you will join a dynamic team that values collaboration and innovation in the financial institutions sector. We offer a supportive work culture with flexible working arrangements, generous holiday allowances, and a strong commitment to employee development, ensuring you have the resources and opportunities to thrive in your career. With a focus on strategic relationships and compliance, you will play a key role in shaping our underwriting practices while enjoying the benefits of a competitive pension scheme and a commitment to diversity and inclusion.

QBE Europe

Contact Details:

QBE Europe Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter – Financial Institutions (FI) in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like QBE Europe. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Senior Underwriter – Financial Institutions (FI) in London

Underwriting Skills
Relationship Management
Strategic Development
Risk Mitigation
Compliance Knowledge
Market Awareness
Leadership Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to QBE Europe.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on QBE Europe's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at QBE Europe

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with QBE Europe.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at QBE Europe will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former QBE Europe employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.