At a Glance
- Tasks: Join a dynamic reinsurance team, underwriting property portfolios and shaping strategic decisions.
- Company: QBE, a global reinsurer with a collaborative culture and a focus on innovation.
- Benefits: 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Other info: Opportunities for career growth and a supportive work-life balance.
- Why this job: Make a real impact in a fast-paced environment while developing your technical skills.
- Qualifications: Experience in property treaty reinsurance and strong analytical skills required.
The predicted salary is between 55000 - 65000 € per year.
London based role with hybrid working.
An exciting opportunity for an experienced Property Treaty underwriter to play a key role in a high‑performing reinsurance team, underwriting in a technically focused environment while shaping portfolio performance through disciplined, sustainable decision‑making.
This is an exciting opportunity for an experienced Property Treaty underwriter to join a high‑performing and growing reinsurance team. The role offers exposure to North American and international property portfolios, working closely with senior underwriters, brokers and global partners to underwrite new business and renewals. You will play a key role in shaping portfolio performance, contributing to strategic decisions, and applying technical expertise to help underwrite profitably and sustainably. With strong analytical support, access to leading brokers, and the opportunity to broaden experience across territories, this role is well suited to an underwriter looking to deepen their technical capability while making a meaningful impact on portfolio outcomes.
At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch. QBE Re is a global reinsurer operating through seven offices and writing USD 3bn+ of Gross Written Premium. We offer a full product suite to our clients and look to build deep and long-lasting relationships.
Your new role:
- Contribute to the delivery of the annual portfolio business plan, applying sound judgement to underwriting decisions in line with wider strategic objectives.
- Support portfolio planning through research, analysis and project work, helping inform underwriting and growth decisions.
- Ensure full compliance with all legal, regulatory and governance requirements, maintaining the highest underwriting standards.
- Apply underwriting guidelines, standards and best practice to optimise risk selection, efficiency and portfolio performance.
- Support accurate risk recording, monitoring and reporting, contributing to strong data quality and control.
- Build and maintain strong, trusted relationships with brokers, customers, business partners and internal stakeholders to maximise influence and outcomes.
- Develop a strong understanding of market dynamics and underwriting cycles to operate effectively in changing market conditions.
- Play an active role in achieving business objectives, including negotiating rates, terms and conditions, managing renewals and new business, and ensuring contract certainty.
- Participate in ongoing portfolio review and performance analysis, identifying trends, opportunities and areas for corrective action.
- Contribute to aggregate management and peer review processes, promoting technical excellence, consistency and continuous improvement.
About You:
- Experience within property treaty reinsurance gained in an underwriting or broking capacity.
- Strong technical capability, including confident use of Excel, databases and relevant underwriting or departmental systems.
- Practical understanding of catastrophe modelling and loss models, with experience using risk profiling, pricing tools and platforms such as RMS/Verisk.
- Sound knowledge of UK legal and regulatory requirements, including FCA and Lloyd’s frameworks, and how these apply in a reinsurance context.
- Proven ability to build and maintain strong relationships with brokers and internal stakeholders, demonstrating effective stakeholder management.
- Strong analytical, prioritisation and stakeholder management skills, able to underwrite effectively in a fast-paced and evolving market.
- Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
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.
- 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.
- 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 learn more about benefits of working with us, click Rewarding our people - QBE European Operations.
Awards & Recognition:
We value our employee’s experience with us and are proud to have been recognised for various awards.
How to Apply:
If you’re looking for a career that combines your expertise and your empathy, click Apply today.
Your career. At the heart of it.
Application Close Date: 28/05/2026 11:59 PM
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 – Reinsurance, Property in London employer: QBE Insurance Group
At QBE, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our London-based Underwriter role provides not only competitive benefits such as flexible working arrangements and comprehensive medical insurance but also ample opportunities for professional growth within a supportive team environment. Join us to make a meaningful impact in the reinsurance sector while enjoying a balanced work-life experience.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Reinsurance, Property in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. The more people you know, the better your chances of landing that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how they align with yours. This will help you stand out and show that you're genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role. Keep it concise but impactful – you want to leave a lasting impression without rambling.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in showing your appreciation and keeping you top of mind for the hiring team. Plus, it’s a great chance to reiterate your enthusiasm for the role.
We think you need these skills to ace Underwriter – Reinsurance, Property in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Underwriter role. Highlight your experience in property treaty reinsurance and any relevant technical skills. 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 you can contribute to our high-performing team. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to highlight your analytical capabilities. Mention any tools or systems you’re familiar with, like Excel or risk profiling platforms. We want to know how you can help us make informed decisions!
Apply Through Our Website:Don’t forget to apply through our website! It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about us and our culture!
How to prepare for a job interview at QBE Insurance Group
✨Know Your Numbers
As an Underwriter in Reinsurance, you'll need to be comfortable with data. Brush up on your analytical skills and be ready to discuss how you've used data to inform your underwriting decisions. Familiarise yourself with key metrics and trends in property treaty reinsurance, especially those relevant to North American and international portfolios.
✨Showcase Your Technical Skills
Make sure you highlight your technical capabilities during the interview. Be prepared to discuss your experience with catastrophe modelling, loss models, and any relevant tools like RMS or Verisk. This is your chance to demonstrate how your technical expertise can contribute to the team's success.
✨Build Rapport with Stakeholders
Strong relationships are crucial in this role. Think of examples where you've successfully built trust with brokers or internal stakeholders. Be ready to share how you manage these relationships and how they’ve positively impacted your previous work. This will show that you understand the importance of collaboration in achieving business objectives.
✨Understand Market Dynamics
Familiarise yourself with current market conditions and trends in the reinsurance sector. Be prepared to discuss how these dynamics affect underwriting decisions and portfolio performance. Showing that you have a grasp of the bigger picture will impress your interviewers and demonstrate your strategic thinking.
