Underwriter - QBE Insurance
Underwriter - QBE Insurance

Underwriter - QBE Insurance

Stafford Full-Time 36000 - 60000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Join our dynamic team as an Underwriter, managing portfolios and building broker relationships.
  • Company: QBE Insurance is a global insurer focused on innovation and resilience.
  • Benefits: Enjoy flexible working, 30 days holiday, private medical insurance, and sustainable investing options.
  • Why this job: Be part of a supportive culture that values diversity and personal growth.
  • Qualifications: Experience in commercial underwriting and strong relationship management skills are essential.
  • Other info: We promote an inclusive workplace and offer remote work opportunities.

The predicted salary is between 36000 - 60000 £ per year.

Due to recent team promotions, we are looking for an Underwriter to join our well-established, fast-paced SME Commercial Lines team based in Stafford. We have built a reputation for excellence within the E-Trade Commercial Lines market, and this is an exciting time to be part of a dynamic business, with ongoing growth aspirations.

Your role:

  • Underwriting business in accordance with the business plan within set underwriting guidelines, service standards and within individual earned or delegated underwriting authority.
  • Utilise product line expertise to analyse business prospects and recommend profitable risk selection.
  • Manage key portfolios/accounts with intermediaries.
  • Establish, strengthen, and develop relationships with stakeholders to maximise influence and achieve business objectives.
  • Lead profitability and process improvement initiatives by informing senior leaders on best practices and guiding strategic plans.
  • Maintain in-depth knowledge of current legislation, best practice, underwriting, systems, products and organisational guidelines.
  • Actively manage your portfolio and relationships with brokers and colleagues to achieve portfolio retention, growth and profitability targets.
  • Coach and mentor Underwriters & Assistant Underwriters. As required supervise work and ensure procedures and authorities are adhered to.

About you:

  • Experience in underwriting commercial business including Property, Casualty and/or Financial Lines.
  • An understanding of market dynamics and trends.
  • Good relationship management through interpersonal and communication skills with the ability to influence and negotiate.
  • Excellent organisational skills and the ability to prioritise your tasks to gain maximum outcome.
  • An open mindset that will allow you to innovate and adapt your approach to deliver customer focused solutions.
  • A knowledge of legal and regulatory requirements.

Why QBE?

At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created At My Best. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future - helping those around us build strength and embrace change to their advantage.

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation.

With more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

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.

Inclusion and Diversity:

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent.

Accessibility:

Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

What next?

If you have a passion to contribute to QBE's vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the apply button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

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Contact Detail:

QBE Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - QBE Insurance

✨Tip Number 1

Familiarise yourself with the latest trends in commercial underwriting, especially in Property, Casualty, and Financial Lines. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the insurance industry, particularly those who work in underwriting. Attend industry events or join relevant online forums to build connections that could lead to referrals or insider information about the role.

✨Tip Number 3

Prepare to discuss your experience in managing broker relationships and how you've successfully influenced outcomes in previous roles. Be ready with specific examples that highlight your interpersonal skills and ability to negotiate effectively.

✨Tip Number 4

Research QBE's company culture and values, particularly their focus on sustainability and inclusivity. Tailor your conversation to reflect how your personal values align with theirs, which can set you apart as a candidate who fits well within their team.

We think you need these skills to ace Underwriter - QBE Insurance

Insurance Underwriting
Analytical Thinking
Risk Management
Financial Modelling
Stakeholder Management
Negotiation Skills
Communication Skills
Relationship Management
Problem Solving
Understanding of Market Dynamics
Organisational Skills
Interpersonal Skills
Adaptability
Coaching and Mentoring

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in underwriting commercial business, particularly in Property, Casualty, and Financial Lines. Use specific examples to demonstrate your skills in relationship management and risk analysis.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of QBE's values and how your background aligns with their goals. Mention your ability to innovate and adapt, as well as your commitment to building strong relationships with brokers and stakeholders.

Highlight Relevant Skills: In your application, emphasise key skills such as analytical thinking, negotiation, and stakeholder management. Provide concrete examples of how you've successfully applied these skills in previous roles.

Show Enthusiasm for the Role: Express your passion for contributing to QBE's vision of enabling a more resilient future. Make it clear why you are excited about the opportunity to join their dynamic team and how you can add value.

How to prepare for a job interview at QBE Insurance

✨Know Your Underwriting Basics

Make sure you brush up on your underwriting knowledge, especially in commercial lines like Property and Casualty. Be prepared to discuss how you would assess risks and make decisions based on the guidelines provided by QBE.

✨Showcase Relationship Management Skills

Since building and maintaining broker relationships is key for this role, think of examples from your past experiences where you've successfully managed relationships. Highlight your communication and negotiation skills during the interview.

✨Demonstrate Analytical Thinking

Prepare to discuss how you analyse business prospects and recommend profitable risk selections. You might be asked to solve a hypothetical underwriting scenario, so practice articulating your thought process clearly.

✨Understand QBE's Culture and Values

Familiarise yourself with QBE's commitment to diversity, sustainability, and employee wellbeing. Be ready to discuss how your personal values align with theirs and how you can contribute to their vision of enabling a more resilient future.

Underwriter - QBE Insurance
QBE Insurance
Q
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