Underwriter – Property & Casualty in London

Underwriter – Property & Casualty in London

London Full-Time 55000 - 65000 € / year (est.) Home office (partial)
QBE Europe

At a Glance

  • Tasks: Assess risks and tailor insurance solutions for clients and brokers.
  • Company: Join a well-established team in a leading insurance company based in London.
  • Benefits: 30 days holiday, 10% pension contributions, and family-friendly policies.
  • Other info: Enjoy hybrid working and excellent career growth opportunities.
  • Why this job: Make a real impact in the insurance industry while developing your career.
  • Qualifications: Experience in Property or P&C underwriting and strong interpersonal skills.

The predicted salary is between 55000 - 65000 € per year.

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.

Responsibilities:

  • 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.

Qualifications and Experience:

  • 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 – 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.

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Underwriter – Property & Casualty in London employer: QBE Europe

Join QBE, a leading employer in the insurance sector, where you will thrive in a dynamic London-based environment that champions hybrid working. With a strong focus on employee growth, we offer 30 days of holiday, generous pension contributions, and inclusive family-friendly policies, ensuring a supportive work culture that values your contributions and promotes professional development.

QBE Europe

Contact Detail:

QBE Europe Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriter – Property & Casualty in London

Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. Building relationships with brokers and clients can give you the inside scoop on job openings and help you stand out.

Show Off Your Expertise

When you get the chance to chat with potential employers, don’t hold back! Share your knowledge about underwriting risks and market dynamics. This will not only showcase your skills but also demonstrate your passion for the role.

Tailor Your Approach

Every company is different, so make sure you tailor your conversations to fit their needs. Research the company’s values and goals, and align your skills and experiences with what they’re looking for. This shows you’re genuinely interested!

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, it shows you’re serious about joining our team and ready to dive into the Property & Casualty world.

We think you need these skills to ace Underwriter – Property & Casualty in London

Risk Assessment
Insurance Underwriting
Stakeholder Relationship Management
Market Awareness
Legal and Regulatory Compliance
Organisational Skills
Negotiation Skills

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 you can bring value to our team!

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 your background aligns with our needs. Keep it concise but impactful – we love a good story!

Showcase Your Skills:Don’t forget to showcase your organisational, negotiation, and interpersonal skills in your application. We’re looking for someone who can build strong relationships, so let us know how you’ve done this 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 from our team!

How to prepare for a job interview at QBE Europe

Know Your Underwriting Stuff

Make sure you brush up on your knowledge of property and casualty underwriting. Familiarise yourself with the latest market trends, risk profiling techniques, and pricing tools. This will not only help you answer technical questions but also show that you're genuinely interested in the role.

Build Rapport with Stakeholders

Since the role involves working closely with brokers and clients, practice how to build strong relationships. Think of examples from your past experiences where you've successfully collaborated with others. This will demonstrate your interpersonal skills and ability to influence effectively.

Prepare for Scenario Questions

Expect to face scenario-based questions during the interview. Prepare by thinking through how you would assess risks or handle specific underwriting situations. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly and effectively.

Showcase Your Organisational Skills

Highlight your organisational and prioritisation skills during the interview. Be ready to discuss how you manage multiple tasks and deadlines, especially in a fast-paced environment. Providing concrete examples will help illustrate your capabilities in this area.