At a Glance
- Tasks: Underwrite insurance risks and build strong relationships with stakeholders in the construction sector.
- Company: Join QBE, a leading international insurer with a supportive and innovative culture.
- Benefits: Enjoy 30 days holiday, flexible working options, and a generous pension plan.
- Other info: Be part of a team that values collaboration and personal development.
- Why this job: Make a real impact in a dynamic environment while advancing your underwriting career.
- Qualifications: Experience in construction underwriting and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
We are currently hiring for a Senior Underwriter to join our Construction Underwriting team based in London. The QBE Construction and Engineering team insure some of the largest contractors in the UK, along with offering specific insurance for large UK and European construction projects. We have an appetite to insure a wide range of risks across the construction sector, ranging from the construction of buildings to the installation of machinery, through to heavier civil engineering works. This is a great opportunity to be part of an environment where you are empowered to use your own subject matter expertise to further develop your Underwriting career.
Your new role
- Underwrite insurance risks in alignment with the Business Plan and personal authority to achieve business objectives.
- Cultivate and maintain strong relationships with stakeholders, including customers, brokers, and colleagues, to maximize influence and support business goals.
- Develop strategic relationships in line with the Business Plan to facilitate the achievement of objectives.
- Ensure compliance with insurance strategy to mitigate risk and achieve business plan targets.
- Participate actively in shaping and developing strategy, knowledge, and best practices within the team.
- Maintain underwriting standards, instructions, and best practices to minimise risk and enhance efficiency.
- Stay updated on market dynamics and demonstrate market cycle awareness to operate effectively.
- Motivate and develop the team by demonstrating good leadership behaviours and management best practice so as to support the achievement of business goals.
About you
- Construction underwriting experience to include managing relationships with large contractors and significant construction projects.
- A thorough understanding of the London market.
- Ability to collaborate effectively within a team environment.
- Capability to analyse and interpret data.
- Intermediate level understanding of relevant software, including Excel and other departmental software packages.
- Good verbal and written communication skills.
Benefits
- 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.
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
- Winner: Commercial Lines Insurer of the Year
- Winner: Reinsurer of the Year - QBE Re
- Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year
- Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance
If you’re looking for a career that combines your expertise and your empathy, click Apply today. Your career. At the heart of it.
Senior Underwriter – Construction in London employer: QBE Insurance Group
QBE is an exceptional employer that fosters a dynamic and inclusive work culture, particularly for the Senior Underwriter role in London. With a strong emphasis on employee growth, you will have access to extensive benefits including 30 days of holiday, flexible working arrangements, and a generous pension plan, all while being part of a team that values collaboration and innovation in the construction insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter – Construction in London
✨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 Insurance Group). 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 Insurance Group. 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 Senior Underwriter – Construction in London
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 Insurance Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE Insurance Group. 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 Insurance Group
✨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 Insurance Group 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 Insurance Group, 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 Insurance Group'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.
