At a Glance
- Tasks: Assess risks and evaluate insurance applications to tailor coverage options.
- Company: Join a well-established Property & Casualty team in London with a hybrid working environment.
- Benefits: Enjoy 30 days holiday, a generous pension plan, and family-friendly policies.
- Other info: Opportunity for career growth in a dynamic and supportive workplace.
- Why this job: Empower your career in underwriting while making a real impact in the insurance industry.
- Qualifications: Experience in Property or P&C underwriting with strong negotiation and organisational skills.
The predicted salary is between 55000 - 65000 £ per year.
We are hiring for an experienced Underwriter to join our well-established Property & Casualty (South East) team based in London. In this role, you'll play a crucial role in assessing risks, evaluating insurance applications, and determining coverage options. You'll work closely with brokers and clients to understand their needs and tailor insurance solutions to meet their requirements.
Role Highlights
- London based role with hybrid working environment where you are empowered to use your prior experience and expertise to further develop your Underwriting career.
Responsibilities
- 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, in order 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 be able 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.
Qualifications
- Experienced within the Property or P&C underwriting space.
- Good knowledge of legal and regulatory requirements.
- Excellent organisational, prioritisation and interpersonal skills.
- Good negotiation and presentation skills.
- 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.
- Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
- Family friendly policies – we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
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 – Property & Casualty employer: QBE European Operations plc.
Join QBE, a leading employer in the insurance sector, where you will thrive in a dynamic London-based environment that champions professional growth and work-life balance. With a strong commitment to employee development, generous benefits including 30 days of holiday and a robust pension plan, and a culture that values diversity and inclusion, QBE is dedicated to empowering its Underwriters to excel in their careers while making a meaningful impact in the industry.
Contact Details:
QBE European Operations plc. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Property & Casualty
✨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 European Operations plc.). 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 European Operations plc.. 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 – Property & Casualty
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 European Operations plc..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE European Operations plc.. 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 European Operations plc.
✨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 European Operations plc. 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 European Operations plc., 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 European Operations plc.'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.
