Tax Underwriter - Transactional Liability

Tax Underwriter - Transactional Liability

Full-Time 55000 - 65000 £ / year (est.) No working from home possible
QBE Insurance Group

At a Glance

  • Tasks: Underwrite business and manage relationships in a dynamic insurance environment.
  • Company: Join QBE, a global insurer with a supportive and innovative culture.
  • Benefits: Enjoy 30 days holiday, flexible working, and a generous pension plan.
  • Other info: Be part of an award-winning team focused on diversity and inclusion.
  • Why this job: Make a real impact while developing your career in transactional liability.
  • Qualifications: Experience as a Tax Underwriter and strong negotiation skills required.

The predicted salary is between 55000 - 65000 £ per year.

Primary Details

  • Time Type: Full time
  • Worker Type: Employee

Role Highlights

  • London, with hybrid working
  • Enhance your career in an exciting and ever-changing environment

The Opportunity

QBE are broadening our transactional liability offering, hiring a Tax Underwriter to join the London based team. Our wider TL business includes W&I and a growing tax offering that will provide coverage on a global basis including UK, EUR and Asia, partnering with major trading partners to provide expert solutions. Leveraging the existing relationships, both across International and in parallel with our US tax offering, this is a brilliant opportunity to work as part of an experienced, supportive team within an empowered role that you can make your own.

About QBE

At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch. We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner. In our team, you’ll get to spend every day working with people who are passionate, talented and kind.

Your new role

  • 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 be able to support business performance.
  • Underwrite insurance risks to meet business objectives including 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.

About you:

  • Previous market experience as a Tax Underwriter.
  • Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders.
  • Good knowledge of legal and regulatory requirements.
  • Excellent organisational, prioritisation and interpersonal skills.
  • Good negotiating skills, innovative in underwriting approach and programme design.
  • Use of risk profiling and pricing tools and loss models.

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

  • 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:

  • Insurance Post British Insurance Awards 2025:
  • 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

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.

Tax Underwriter - Transactional Liability employer: QBE Insurance Group

QBE is an exceptional employer that fosters a supportive and dynamic work environment in London, offering flexible working arrangements and a strong emphasis on employee well-being. With a commitment to professional growth, employees benefit from extensive training opportunities and the chance to make a meaningful impact within a global insurance leader. Join a passionate team where your contributions are valued and recognised, as we strive to innovate and excel in the transactional liability space.

QBE Insurance Group

Contact Details:

QBE Insurance Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Tax Underwriter - Transactional Liability

Tip Number 1

Network like a pro! Reach out to your connections in the insurance industry, especially those who work at QBE or similar companies. A friendly chat can open doors and give you insider info on job openings.

Tip Number 2

Prepare for interviews by researching QBE’s values and recent achievements. Show them you’re not just another candidate; you’re genuinely interested in being part of their mission to innovate in risk management.

Tip Number 3

Practice your negotiation skills! As a Tax Underwriter, you’ll need to demonstrate your ability to negotiate rates and terms. Role-play with a friend to build confidence before the real deal.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the QBE team and ready to make an impact.

We think you need these skills to ace Tax Underwriter - Transactional Liability

Tax Underwriting
Commercial Acumen
Regulatory Compliance
Insurance Underwriting
Stakeholder Management
Negotiation Skills
Risk Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Tax Underwriter role. Highlight relevant experience and skills that match the job description, especially your underwriting experience and knowledge of legal requirements.

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 your background makes you a perfect fit for the team at QBE. Don’t forget to mention your understanding of market dynamics!

Showcase Your Soft Skills:While technical skills are crucial, don’t overlook the importance of interpersonal skills. Mention your ability to build relationships with stakeholders and your negotiation skills, as these are key for the role.

Apply Through Our Website:We encourage you to apply through our website for a smooth application process. It’s the best way to ensure your application gets the attention it deserves, so don’t hesitate!

How to prepare for a job interview at QBE Insurance Group

Know Your Stuff

Make sure you brush up on your knowledge of tax underwriting and the specific requirements for transactional liability. Familiarise yourself with the legal and regulatory frameworks that govern this area, as well as current market dynamics. This will show your potential employer that you're not just interested in the role, but that you’re also prepared to hit the ground running.

Showcase Your Negotiation Skills

Since negotiating rates, terms, and conditions is a key part of the job, be ready to discuss your past experiences in negotiations. Prepare examples where you successfully navigated complex discussions or resolved conflicts. This will demonstrate your commercial acumen and ability to drive business objectives.

Build Rapport with Stakeholders

During the interview, highlight your experience in maintaining and developing relationships with stakeholders. Share specific instances where you’ve effectively collaborated with customers, brokers, or colleagues. This will illustrate your interpersonal skills and your understanding of the importance of stakeholder management in underwriting.

Ask Insightful Questions

Prepare thoughtful questions about the company’s approach to transactional liability and how they envision the role evolving. This not only shows your genuine interest in the position but also gives you a chance to assess if the company aligns with your career goals. Plus, it can help you stand out from other candidates!