At a Glance
- Tasks: Assess risks and tailor insurance solutions while collaborating with brokers and clients.
- Company: Join QBE, a leading insurer with a strong focus on teamwork and innovation.
- Benefits: Enjoy 30 days holiday, a generous pension scheme, and family-friendly policies.
- Other info: Hybrid working model with excellent career growth opportunities.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in underwriting and strong negotiation skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
Manchester based role with hybrid working.
About the Role
QBE is hiring an Underwriter to join our well‑established Property and Package team in Manchester. In this role you will assess risks, evaluate insurance applications, and determine coverage options, working closely with brokers and clients to tailor solutions to their needs. 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 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 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 (Qualifications & Experience)
- Experience within the Property, P&P or P&C underwriting space.
- Commercial ability to understand key profit drivers and maximise long‑term wealth for shareholders.
- Intermediate level understanding of relevant software, including Excel and departmental packages.
- Good knowledge of legal and regulatory requirements.
- Excellent organisational, prioritisation and interpersonal skills.
- Good negotiating skills and an innovative approach to underwriting and programme design.
Benefits
- 30 days holiday a year with the option to buy up to 2 additional days.
- Employer‑sponsored pension: 10% of basic salary.
- Family friendly policies – 26 weeks leave at full pay regardless of gender identity, sexual orientation or parent status.
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 in Manchester employer: QBE Europe
QBE is an exceptional employer, offering a dynamic work environment in Manchester with hybrid working options that promote a healthy work-life balance. Employees benefit from generous holiday allowances, a robust pension scheme, and inclusive family-friendly policies, fostering a supportive culture that prioritises personal and professional growth. With opportunities to engage in strategic decision-making and build strong relationships within the industry, QBE empowers its underwriters to thrive in their roles while contributing to the company's success.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter in Manchester
✨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 QBE Europe). 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 QBE Europe. 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 in Manchester
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 QBE Europe.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE Europe. 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 QBE Europe
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at QBE Europe 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 QBE Europe, 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 QBE Europe'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.
