At a Glance
- Tasks: Assess credit risk for diverse clients and manage relationships in a dynamic environment.
- Company: QBE Europe is an innovative international insurer focused on building resilience and inclusivity.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Why this job: Join a supportive culture that empowers you to make impactful decisions and grow as a leader.
- Qualifications: Experience in credit insurance or financial services with strong analytical and interpersonal skills required.
- Other info: Hybrid working available; be part of a team that values diversity and sustainability.
The predicted salary is between 43200 - 72000 £ per year.
Join to apply for the Senior Risk Underwriter- Trade Credit role at QBE Europe
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Join to apply for the Senior Risk Underwriter- Trade Credit role at QBE Europe
London / Manchester with hybrid working
We’re offering an exciting opportunity to join our UK Risk Underwriting team in the Trade Credit Insurance sector. You’ll assess credit risk across a diverse portfolio, from domestic SMEs to global blue-chip corporates, spanning sectors such as Construction, Fuel, Metals, Retail, Advertising, Food & Drink, Tech/IT, Timber, and Finance.
Primary Details
Time Type: Full time
Worker Type: Employee
Senior Risk Underwriter- Trade Credit
London / Manchester with hybrid working
We’re offering an exciting opportunity to join our UK Risk Underwriting team in the Trade Credit Insurance sector. You’ll assess credit risk across a diverse portfolio, from domestic SMEs to global blue-chip corporates, spanning sectors such as Construction, Fuel, Metals, Retail, Advertising, Food & Drink, Tech/IT, Timber, and Finance.
In this client-facing role, you’ll manage your own relationships and develop as a market specialist. We empower our underwriters to own their decisions, supported by a highly experienced team.
We’re keen to hear from experienced trade credit professionals, ideally with credit insurance knowledge from underwriting, broking, or financial services backgrounds.
Your new role
- Manage a client portfolio, delivering exceptional service and credit risk analysis.
- Manage a portfolio of risk, answering credit limit requests as well as providing comprehensive analysis of key risks within the portfolio.
- Build strong relationships with clients, brokers, and internal teams to support business goals.
- Have ownership and demonstrate expertise of a specific sector, providing sectoral reports and regular sector updates to the team and the market.
- Conduct buyer meetings and report on performance.
- Collaborate across commercial, new business, and claims teams to align with strategic objectives.
- Apply reinsurance strategies and uphold underwriting standards.
- Maintain accurate records in QBE systems and contribute to peer reviews and best practice sharing.
About You
- Experienced professional with proven knowledge of the credit insurance market, preferably within an underwriting or broking capacity, or otherwise wider financial services discipline.
- If no prior experience of Credit Insurance itself, then the individual will need to have a strong and demonstratable knowledge of assessing credit/default risk of a corporate entity.
- Excellent interpersonal skills to build relationships with external clients and brokers and across all levels of our organisation.
- Extensive knowledge of economic and sectoral trends in the UK and global markets.
- Good reasoning capabilities, creative and lateral thinking, good problem-solving skills.
- A desire and drive to be a future team-leader with ambitions to line-manage.
Why QBE? At My Best
At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.
We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.
QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation ( more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
To find out more about why you should work for QBE, visit our careers website.
At My Best – QBE Benefits
You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. As well as the benefits below we also offer an extensive choice of other options to suit you!
- 30 days holiday a year with the option to buy up to 2 additional days.
- Flexible working – balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share and compressed hours.
- Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
- Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
- Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
- Short term remote work abroad – you can request up to 20 days per year to work remotely from certain locations abroad.
- Sustainable investing – we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet\’s future, as well as your own.
- Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.
To find out more visit our Reward Page.
QBE Awards
Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;
AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer
UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
Working Dads Employer Awards 2023 Winner: Parental Policies Award
Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee
You can view all our awards here
Inclusion of Diversity
We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page
Accessibility
Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.
ESG & Sustainability
At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBE’s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative ‘Premiums4Good’, please visit our Sustainability homepage and read our latest Sustainability Report
What next? If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.
We believe this is our moment – what if it was yours too?
APPLY NOW and let’s make it happen!
Skills:
Analytical Thinking, Communication, Critical Thinking, Customer Service, Financial Modeling, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Problem Solving, Product Development, Risk Appetite, Risk Management, Stakeholder Management
How to Apply:
To submit your application, click \”Apply\” and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
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Senior Risk Underwriter- Trade Credit employer: QBE Europe
Contact Detail:
QBE Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Risk Underwriter- Trade Credit
✨Tip Number 1
Familiarise yourself with the specific sectors mentioned in the job description, such as Construction, Fuel, and Tech/IT. Understanding the nuances of these industries will help you demonstrate your expertise during interviews and show that you're ready to manage a diverse portfolio.
✨Tip Number 2
Network with professionals in the trade credit insurance field. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals. Building relationships in this sector can give you an edge when applying for the role.
✨Tip Number 3
Stay updated on current economic trends and sectoral developments, especially those affecting credit risk. Being able to discuss recent changes or challenges in the market during your interview will showcase your proactive approach and knowledge.
✨Tip Number 4
Prepare to discuss your experience in managing client relationships and how you've successfully navigated complex credit risk scenarios. Highlighting specific examples will illustrate your capability to excel in a client-facing role and align with QBE's emphasis on exceptional service.
We think you need these skills to ace Senior Risk Underwriter- Trade Credit
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk assessment and underwriting. Focus on your achievements in managing client portfolios and any specific sectors you've worked with, such as Construction or Finance.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and QBE's mission. Mention your understanding of the trade credit insurance market and how your skills align with the responsibilities outlined in the job description.
Showcase Relevant Skills: Emphasise key skills such as analytical thinking, problem-solving, and relationship management. Provide examples of how you've successfully applied these skills in previous roles, particularly in client-facing situations.
Research QBE's Culture: Familiarise yourself with QBE's values and workplace culture. Mention in your application how you resonate with their commitment to diversity, sustainability, and employee wellbeing, which can set you apart from other candidates.
How to prepare for a job interview at QBE Europe
✨Know Your Credit Risk Fundamentals
Make sure you brush up on the key principles of credit risk assessment. Be prepared to discuss how you would evaluate credit risks for different sectors, especially those mentioned in the job description like Construction and Tech/IT.
✨Showcase Your Relationship Management Skills
Since this role involves managing client relationships, think of examples from your past experiences where you successfully built and maintained strong relationships with clients or brokers. Highlight your interpersonal skills during the interview.
✨Demonstrate Sector Knowledge
Familiarise yourself with current economic and sectoral trends relevant to the Trade Credit Insurance market. Be ready to discuss how these trends could impact underwriting decisions and risk management strategies.
✨Prepare for Scenario-Based Questions
Expect scenario-based questions that assess your problem-solving abilities and reasoning capabilities. Practice articulating your thought process clearly, as this will demonstrate your analytical thinking and decision-making skills.