Underwriter - Motor Trade

Underwriter - Motor Trade

Chelmsford Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our team to underwrite motor trade insurance and build strong relationships with clients.
  • Company: QBE is a global insurer focused on innovation and supporting a diverse workforce.
  • 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 your growth and offers real impact in the industry.
  • Qualifications: Experience in UK motor trade underwriting and strong negotiation skills are essential.
  • Other info: Hybrid working available, with opportunities for remote work abroad.

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

Job Description

Primary Details

Time Type: Full time Worker Type: Employee

Underwriter – Motor Trade

Chelmsford, with hybrid working

QBE are hiring for a Motor Trade Underwriter to join our experienced Motor Trade team, for this vacancy based in Chelmsford, with coverage across the Southeast.

Our motor trade product across the UK has grown significantly, and we are looking for an additional Underwriter to maintain this development for the Southeast region.  With large premiums, a wide appetite and clear underwriting strategy, this is a brilliant opportunity to join an empowered, supportive team.

This is for the perfect role for an empowered motor trade Underwriter with good technical skills, sound business acumen and the ability to identify customer solutions and make sound underwiring decisions to achieve business plan objectives.

Your Role

  • Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
  • Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
  • Participate fully and use your expertise to shape and develop strategy, knowledge and best practice
  • Positively promote the department, division and company as a whole, in order to maximise brand leverage
  • Comply with all legal and regulatory requirements to ensure obligations are met
  • Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency
  • Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately 

About You

  • Experience in UK motor trade underwriting
  • Ability to negotiate effectively to secure and retain new and existing motor trade business using a toolbox of trading levers and achieving excellent outcomes.
  • Motor Trade product technical experience – preferable with larger premium spend clients £50k+
  • A market knowledge of the Southeast with good intermediary relationships.
  • The ability to work collaboratively with a specialist UK motor trade team in addition with risk solutions, claims management and operational support teams
  • Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders

Why QBE? At My Best?? 

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. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.?? 

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 (https://careers/flex-qbe/).? 

With more than 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.?? 

To find out more about why you should work for QBE, visit our careers website.? 

At My Best – QBE Benefits?? 

You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.? FOR UK ONLY: 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. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.? 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 find out more visit our? Reward Page? 

QBE Awards?? 

Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;?? 

AXCO Global Insurance Awards 2024 Winner: Network Management of the Year? 

Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer? 

UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year? 

Working Dads Employer Awards 2023 Winner: Parental Policies Award? 

Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee 

You can view all our awards here? 

Inclusion of 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 partne

Underwriter - Motor Trade employer: QBE Management Services (UK) Limited

QBE is an exceptional employer that prioritises the well-being and growth of its employees, offering a flexible working environment in Chelmsford that supports a healthy work-life balance. With comprehensive benefits including generous holiday allowances, private medical insurance, and family-friendly policies, QBE fosters a culture of inclusivity and empowerment, ensuring that every team member feels valued and inspired to achieve their best. Join a dynamic team where your contributions are recognised, and you can thrive both personally and professionally.
Q

Contact Detail:

QBE Management Services (UK) Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Motor Trade

✨Tip Number 1

Familiarise yourself with the latest trends in the motor trade insurance market. Understanding current dynamics and challenges will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 2

Network with professionals in the motor trade sector, especially those who have experience with underwriting. Attend industry events or join relevant online forums to build connections that could provide insights or referrals.

✨Tip Number 3

Prepare to discuss specific case studies or examples from your past experience that highlight your ability to make sound underwriting decisions. This will showcase your practical knowledge and problem-solving skills.

✨Tip Number 4

Research QBE's values and culture thoroughly. Being able to articulate how your personal values align with theirs can set you apart and show that you're a good fit for their team.

We think you need these skills to ace Underwriter - Motor Trade

Motor Trade Underwriting Experience
Negotiation Skills
Technical Knowledge of Motor Trade Products
Market Awareness of the Southeast Region
Relationship Management
Stakeholder Engagement
Risk Assessment and Management
Compliance Knowledge
Analytical Skills
Business Acumen
Decision-Making Skills
Collaboration Skills
Understanding of Profit Drivers
Communication Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in motor trade underwriting. Focus on your technical skills, negotiation abilities, and any specific achievements that align with the job description.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the motor trade sector and your ability to build relationships with stakeholders. Mention how your experience can contribute to QBE's objectives and culture.

Highlight Market Knowledge: Emphasise your knowledge of the Southeast market and any existing relationships with intermediaries. This will demonstrate your readiness to hit the ground running in this role.

Showcase Collaborative Skills: In your application, provide examples of how you've worked collaboratively with teams in the past. Highlight your ability to engage with risk solutions, claims management, and operational support teams effectively.

How to prepare for a job interview at QBE Management Services (UK) Limited

✨Know Your Underwriting Basics

Make sure you brush up on your motor trade underwriting knowledge. Understand the key principles and practices, especially those relevant to larger premium clients. This will help you demonstrate your expertise during the interview.

✨Showcase Your Negotiation Skills

Prepare examples of how you've successfully negotiated deals in the past. Highlight your ability to use various trading levers to secure and retain business, as this is crucial for the role.

✨Understand the Market Dynamics

Familiarise yourself with the current trends and challenges in the Southeast motor trade market. Being able to discuss these insights will show that you're proactive and well-informed, which is a big plus for any underwriter.

✨Build Rapport with Stakeholders

Think about how you can build strong relationships with customers, brokers, and colleagues. Be ready to discuss your approach to collaboration and how you’ve successfully worked with others to achieve common goals.

Underwriter - Motor Trade
QBE Management Services (UK) Limited
Q
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