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: Opportunity for career growth and to work with passionate, talented colleagues.
- 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.
About QBE: 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. We sit within QBE Group which is 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.
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 and clear communication.
- Highly organised with 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: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As well as the benefits below we also offer an extensive choice of other options to suit you!
- 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.
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.
- Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee.
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 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 30 days of holiday and flexible working arrangements 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 fulfilling work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Reinsurance, Property
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance and property sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching QBE and their approach to underwriting. Familiarise yourself with their recent projects and values. This will help you tailor your answers and show that you’re genuinely interested in being part of their team.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Property Treaty underwriter. Highlight your technical skills and how they can contribute to shaping portfolio performance at QBE.
✨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 family. Good luck!
We think you need these skills to ace Underwriter – Reinsurance, Property
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 in your application. Mention any tools or systems you’re familiar with, like Excel or risk profiling platforms, to show us you mean business!
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 what we stand for!
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 in past roles to make informed underwriting decisions. Familiarise yourself with key metrics and trends in property treaty reinsurance.
✨Understand the Market
Make sure you have a solid grasp of current market dynamics and underwriting cycles. Research recent developments in the reinsurance sector, especially regarding North American and international property portfolios. This knowledge will help you demonstrate your ability to adapt to changing conditions during the interview.
✨Build Relationships
Since this role involves working closely with brokers and internal stakeholders, think about examples from your past where you've successfully built and maintained professional relationships. Be prepared to discuss your approach to stakeholder management and how it has positively impacted your work.
✨Showcase Your Technical Skills
Highlight your technical capabilities, especially with tools like Excel and catastrophe modelling platforms. Be ready to explain how you've applied these skills in previous roles to optimise risk selection and portfolio performance. This will show that you're not just experienced but also technically proficient.
