At a Glance
- Tasks: Join our dynamic team as an Underwriter, managing portfolios and building broker relationships.
- Company: QBE is a global insurer focused on innovation and creating a resilient future.
- Benefits: Enjoy 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Why this job: Be part of a fast-paced environment with growth opportunities and a supportive culture.
- Qualifications: Experience in commercial underwriting and strong relationship management skills are essential.
- Other info: We promote diversity and inclusion, offering a friendly workplace with flexible arrangements.
The predicted salary is between 36000 - 60000 £ per year.
Primary Details Time Type: Full time Worker Type: Employee Underwriter – Commercial Lines Stafford, with hybrid working Due to recent team promotions, we are looking for an Underwriter to join our well established, fast-paced SME Commercial Lines team based in Stafford. We’ve built a reputation for excellence within the E-Trade Commercial Lines market, and this is an exciting time to be part of a dynamic business, with ongoing growth aspirations. In this role, you’ll be responsible for underwriting business in accordance with the business plan, building and maintaining broker relationships, applying technical expertise, contributing to business results. Your role Underwriting business in accordance with the business plan within set underwriting guidelines, service standards and within individual earned or delegated underwriting authority. Utilise product line expertise to analyse business prospects and recommend profitable risk selection. Manage key portfolios/accounts with intermediaries. Establish, strengthen, and develop relationships with stakeholders to maximise influence and achieve business objectives. Lead profitability and process improvement initiatives by informing senior leaders on best practices and guiding strategic plans. Maintain in-depth knowledge of current legislation, best practice, underwriting, systems, products and organisational guidelines Actively manage your portfolio and relationships with brokers and colleagues to achieve portfolio retention, growth and profitability targets Coach and mentor Underwriters & Assistant Underwriters. As required supervise work and ensure procedures and authorities are adhered to. About you Experience in underwriting commercial business including Property, Casualty and/or Financial Lines. An understanding of market dynamics and trends Good relationship management through interpersonal and communication skills with the ability to influence and negotiate Excellent organisational skills and the ability to prioritise your tasks to gain maximum outcome An open mindset that will allow you to innovate and adapt your approach to deliver customer focused solutions A knowledge of legal and regulatory requirements 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 ( https://qbeeurope.com/careers/flex-qbe/ ). With 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. FOR UK ONLY: 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, Business Management, Communication, Critical Thinking, Customer Service, Financial Modeling, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Problem Solving, 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. #J-18808-Ljbffr
SME Underwriter - Commercial Lines employer: QBE Europe
Contact Detail:
QBE Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land SME Underwriter - Commercial Lines
✨Tip Number 1
Familiarise yourself with the latest trends in the commercial lines insurance market. Understanding current market dynamics will not only help you during interviews but also demonstrate your commitment to staying informed and relevant in the field.
✨Tip Number 2
Network with professionals in the underwriting and insurance sectors. Attend industry events or join online forums to connect with others who can provide insights into the role and potentially refer you to opportunities within QBE.
✨Tip Number 3
Prepare to discuss your experience with relationship management. Since building and maintaining broker relationships is key in this role, think of specific examples where you've successfully influenced or negotiated outcomes in a professional setting.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss how you've used data to inform your underwriting decisions in the past. Highlighting your ability to analyse business prospects will set you apart as a candidate who can contribute to profitability and process improvements.
We think you need these skills to ace SME Underwriter - Commercial Lines
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in underwriting commercial business, particularly in Property, Casualty, and Financial Lines. Use specific examples to demonstrate your skills in relationship management and risk selection.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of market dynamics and trends. Explain how your interpersonal and communication skills can contribute to building and maintaining broker relationships, as well as your approach to achieving profitability targets.
Highlight Relevant Skills: In your application, emphasise key skills such as analytical thinking, negotiation, and problem-solving. Relate these skills to the responsibilities outlined in the job description, showing how you can lead profitability and process improvement initiatives.
Show Enthusiasm for QBE's Values: Demonstrate your alignment with QBE's commitment to diversity, sustainability, and innovation in your application. Mention any relevant experiences or values that resonate with their mission of enabling a more resilient future.
How to prepare for a job interview at QBE Europe
✨Know Your Underwriting Basics
Make sure you brush up on your underwriting knowledge, especially in commercial lines like Property and Casualty. Be prepared to discuss how you would assess risks and make profitable decisions based on your expertise.
✨Showcase Relationship Management Skills
Since building and maintaining broker relationships is key, think of examples from your past experiences where you've successfully managed stakeholder relationships. Highlight your communication and negotiation skills during the interview.
✨Demonstrate Organisational Skills
Prepare to discuss how you prioritise tasks and manage your portfolio effectively. Use specific examples to illustrate your ability to balance multiple responsibilities while achieving targets.
✨Stay Updated on Industry Trends
Familiarise yourself with current market dynamics and regulatory requirements. Being able to discuss recent trends or changes in legislation will show that you're proactive and knowledgeable about the industry.