At a Glance
- Tasks: Underwrite complex Non-Payment Insurance risks and manage trade finance portfolios.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, private medical insurance, and flexible remote work options.
- Other info: Dynamic team environment with opportunities for professional growth and development.
- Why this job: Make a real impact in the credit insurance market while developing your career.
- Qualifications: Experience in credit insurance and strong corporate credit analysis skills required.
The predicted salary is between 36000 - 60000 £ per year.
QBE is seeking a Senior Underwriter to join our growing London Trade Finance Solutions Team, with responsibility for underwriting and managing complex Non‑Payment Insurance risks across short and medium‑term trade finance structures. We are looking for an individual with strong experience in financial and corporate credit analysis, and demonstrable exposure to short and long‑term trade finance and structured financing facilities provided by banks and financial institutions to corporate clients.
This role supports business strategy through ownership of underwriting decisions, development of broker and client relationships, and active management of portfolio profitability and risk. Key responsibilities involve:
- Generating new business, retaining renewals, and ensuring the overall profitability of a specific designated book of business within QBE’s Specialty Credit and Trade Finance portfolio.
- Supporting the development of the annual business plan for the portfolio and ensuring delivery of the plan.
- Establishing strong relationships with both internal and external stakeholders, including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives.
- Underwriting complex credit risks in accordance with the business plan and the agreed risk appetite.
- Acting as a technical expert to support the identification of issues and opportunities.
- Contributing and influencing in the review and analysis of the portfolio to identify progress toward business objectives.
- Contributing to the peer review processes to encourage and develop excellence.
- Applying the Reinsurance Strategy to safeguard the portfolio.
- Adhering to underwriting standards, instructions, and good practice to minimize risk and maximize efficiency.
- Continually developing expertise and technical knowledge through identifying and implementing appropriate learning and development activities.
- Managing resources across the team to ensure business requirements are achieved.
About You:
- Significant experience within the Credit Insurance market, with strong technical knowledge of Non‑Payment Insurance and trade finance‑related credit structures.
- Deep understanding and experience of corporate credit analysis.
- Excellent communicator, confident decision‑maker, and effective negotiator, able to balance commercial objectives with disciplined credit judgement.
- Strong organisational skills, with the ability to manage a complex underwriting pipeline and competing priorities.
- A desire to continue developing a long‑term career within specialist credit and trade finance underwriting.
Benefits include:
- 30 days holiday a year with the option to buy up to 2 additional days.
- Pension – automatic enrolment into the QBE pension plan, with employer contributions of 10% of your basic salary.
- Private medical insurance – fully comprehensive private medical cover for you and all the family.
- Short term remote work abroad - request up to 20 days per year to work remotely from certain locations abroad.
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Senior Underwriter – Trade Finance Solutions, Non-Payment Insurance (Lloyds Risk Code ‘CR’) employer: QBE Europe
QBE is an exceptional employer that fosters a supportive and inclusive work culture, offering employees the chance to thrive in their careers while making a meaningful impact. With a strong focus on professional development, generous benefits including 30 days of holiday and comprehensive medical insurance, and a commitment to flexible working arrangements, QBE empowers its team members to excel in their roles as they navigate the dynamic landscape of trade finance solutions in London.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter – Trade Finance Solutions, Non-Payment Insurance (Lloyds Risk Code ‘CR’)
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and insurance sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have a lead on that Senior Underwriter role!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Dive deep into Non-Payment Insurance and trade finance structures. Be ready to discuss your experience with corporate credit analysis and how it relates to the role at QBE.
✨Tip Number 3
Showcase your soft skills! Being an effective communicator and negotiator is key in underwriting. Think of examples from your past where you balanced commercial objectives with disciplined credit judgement, and be ready to share them.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the QBE team. Let’s make it happen together!
We think you need these skills to ace Senior Underwriter – Trade Finance Solutions, Non-Payment Insurance (Lloyds Risk Code ‘CR’)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in financial and corporate credit analysis, as well as any relevant trade finance expertise. 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 this role and how your skills can contribute to our team. Be sure to mention your understanding of Non-Payment Insurance and trade finance structures.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements! Use specific examples that demonstrate your success in underwriting and managing complex risks. We love to see quantifiable results that highlight your impact.
Apply Through Our Website:We encourage you to apply through our website for a smooth application 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 Stuff
Make sure you brush up on your knowledge of Non-Payment Insurance and trade finance structures. Be ready to discuss specific examples from your experience that demonstrate your understanding of complex credit risks and underwriting decisions.
✨Showcase Your Communication Skills
As a Senior Underwriter, you'll need to communicate effectively with various stakeholders. Prepare to share instances where you've successfully negotiated or influenced decisions, highlighting your ability to balance commercial objectives with disciplined credit judgement.
✨Demonstrate Organisational Skills
With a complex underwriting pipeline, it's crucial to show how you manage competing priorities. Bring examples of how you've organised your workload in the past, ensuring you meet deadlines while maintaining high standards.
✨Ask Insightful Questions
Prepare thoughtful questions about QBE's business strategy and the Trade Finance Solutions Team. This shows your genuine interest in the role and helps you understand how you can contribute to their goals and objectives.
