At a Glance
- Tasks: Underwrite insurance risks and build relationships with stakeholders in a dynamic market.
- Company: Join a leading insurance firm with a focus on innovation and collaboration.
- Benefits: Enjoy 30 days holiday, flexible working options, and a generous pension plan.
- Other info: Hybrid working model allows for a balanced work-life experience.
- Why this job: Make an impact in the insurance industry while developing your skills in a supportive environment.
- Qualifications: Experience as a Tax Underwriter and strong negotiation skills are essential.
The predicted salary is between 60000 - 80000 £ per year.
Time Type: Full time. Worker Type: Employee. Location: London, hybrid working.
Role Highlights
Full Time London, hybrid working
Responsibilities
- Underwrite business in accordance with the business plan and within our UK and European business.
- Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.
- Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice.
- Maintain and develop relationships with stakeholders, including customers, brokers, business partners and colleagues, to increase exposure in the market.
- Develop knowledge of market dynamics and market cycles to support business performance.
- Underwrite insurance risks to meet business objectives, negotiating rates, terms and conditions for existing and new business, ensuring production and issue of contract certainty documentation, and supporting credit control in payment collection.
- Support the review and analysis of the portfolio to identify progress towards business objectives.
Qualifications
- Previous market experience as a Tax Underwriter.
- Commercial ability to understand key profit drivers to maximise long-term wealth for shareholders.
- Good knowledge of legal and regulatory requirements.
- Excellent organisational, prioritisation and interpersonal skills.
- Good negotiating skills, innovative underwriting approach and programme design.
- 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.
- Flexible working includes part-time, job share, and compressed hours.
- Pension: automatically enrolled into the QBE pension plan with employer contributions of 10% of basic salary.
Equal Employment Opportunity: QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Tax Underwriter - Transactional Liability employer: QBE Europe
At QBE, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. With flexible hybrid working options, generous holiday allowances, and a strong commitment to employee growth through continuous learning opportunities, we empower our Tax Underwriters to thrive both professionally and personally. Join us to be part of a diverse team that values your contributions and supports your career aspirations in a rewarding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Tax Underwriter - Transactional Liability
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Ace the Interview
Prepare for your interviews by researching the company and understanding their values. Practice common interview questions and think of examples from your past experience that showcase your skills as a Tax Underwriter. Confidence is key!
✨Show Off Your Skills
During interviews or networking chats, highlight your knowledge of market dynamics and regulatory requirements. Use specific examples to demonstrate your innovative underwriting approach and how you’ve successfully negotiated terms in the past.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace Tax Underwriter - Transactional Liability
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Tax Underwriter role. Highlight your previous market experience 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 the perfect fit for this role. Mention your understanding of legal and regulatory requirements, and how your innovative underwriting approach can benefit us.
Showcase Your Negotiation Skills:Since negotiating rates and terms is key in this role, make sure to include examples of your negotiation successes in your application. We love seeing how you’ve made an impact in previous positions!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at QBE Europe
✨Know Your Stuff
Make sure you brush up on your knowledge of tax underwriting and the specific responsibilities outlined in the job description. Familiarise yourself with legal and regulatory requirements, as well as market dynamics. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Showcase Your Negotiation Skills
Since negotiating rates, terms, and conditions is a key part of the role, prepare examples from your past experiences where you've successfully negotiated deals. Be ready to discuss your innovative underwriting approach and how it has benefited previous employers.
✨Build Rapport
This role involves maintaining relationships with various stakeholders. During the interview, demonstrate your interpersonal skills by engaging with the interviewer. Ask insightful questions about their team and how they collaborate with brokers and partners, showing that you value relationship-building.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities and decision-making process. Think of situations where you've had to analyse risks or make tough underwriting decisions. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly and effectively.
