Portfolio Manager – UK Construction & Engineering in London

Portfolio Manager – UK Construction & Engineering in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
QBE

At a Glance

  • Tasks: Lead a dynamic team in shaping the future of UK Construction & Engineering insurance.
  • Company: Join QBE, a global insurer with a human touch and a commitment to innovation.
  • Benefits: Enjoy 30 days holiday, flexible working, and a generous pension plan.
  • Other info: Be part of an award-winning team that values diversity and employee development.
  • Why this job: Make a real impact while driving profitable growth in a thriving industry.
  • Qualifications: Proven experience in Construction & Engineering underwriting and strong leadership skills.

The predicted salary is between 60000 - 80000 £ per year.

London, with hybrid working

Enhance your career in an exciting and ever-changing environment.

The Opportunity

QBE's market leading UK Construction & Engineering business are recruiting a Portfolio Manager to lead our UK Construction & Engineering team. This is a market-facing leadership role with responsibility for underwriting performance, portfolio strategy, business development and talent development across a highly skilled team of underwriters. Working closely with brokers, clients and internal stakeholders, you will drive profitable growth, strengthen our market position and ensure delivery against QBE's underwriting and financial objectives.

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.

Your New Role

  • Portfolio Leadership & Strategy
    • Develop and deliver the UK Construction & Engineering portfolio strategy, ensuring alignment with business objectives and sustainable profitable growth.
    • Monitor portfolio performance, market trends and emerging opportunities, taking action to optimise results and customer outcomes.
    • Drive innovation and continuous improvement across underwriting, distribution and portfolio management activities.
  • Underwriting Leadership
    • Lead underwriting performance through technical expertise, portfolio oversight and disciplined risk selection.
    • Ensure underwriting decisions align with appetite, authority frameworks and portfolio objectives.
    • Partner with Pricing, Portfolio Management, Risk Solutions and Claims teams to enhance portfolio performance and profitability.
  • People Leadership
    • Lead, coach and develop a high-performing underwriting team, fostering a culture of collaboration, accountability and continuous improvement.
    • Ensure team capability, succession planning and resource requirements support current and future business needs.
  • Broker & Market Engagement
    • Build and maintain relationships with key brokers, clients and trading partners to support retention, growth and new business opportunities.
    • Represent QBE in the market, enhancing our reputation as a leading Construction & Engineering insurer through visible leadership and industry engagement.
  • Governance & Risk Management
    • Maintain compliance with legal, regulatory and internal governance requirements, ensuring effective portfolio oversight and risk management.
    • Champion a culture of risk awareness, compliance and adherence to QBE underwriting standards.

About You

  • Significant Construction & Engineering underwriting experience with a proven understanding of the UK market.
  • Established broker and client network within the Construction & Engineering sector.
  • Demonstrated success in developing and delivering portfolio strategies that drive profitable growth.
  • Commercial, financial and analytical capability, with experience using data and market insights to support underwriting decisions.
  • Experience managing underwriting portfolios across varying market conditions, pricing cycles and risk environments.
  • Proven ability to lead, develop and motivate high-performing underwriting teams.

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.

To learn more about benefits of working with us, click Rewarding our people - QBE European Operations.

Apply now and let’s make it happen! If you’re looking for a career that combines your expertise and your empathy, click Apply today. Your career. At the heart of it.

Skills: Analytical Thinking, Business Management, Coaching for success, Communication, Critical Thinking, Influencing, Insurance Underwriting, Intentional collaboration, Managing performance, Navigating ambiguity, Policy Development, Risk Management, Stakeholder Management, Strategic Thinking, Team Management.

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.

Portfolio Manager – UK Construction & Engineering in London employer: QBE

QBE is an exceptional employer that fosters a dynamic and inclusive work culture, particularly for the Portfolio Manager role in London. With a strong emphasis on employee growth, you will benefit from extensive training opportunities, flexible working arrangements, and a generous holiday allowance, all while being part of a collaborative team dedicated to driving innovation in the Construction & Engineering sector. Join us to make a meaningful impact in a supportive environment where your contributions are valued and recognised.

QBE

Contact Details:

QBE Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Portfolio Manager – UK Construction & Engineering in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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Look Out for Graduate Schemes

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Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like QBE. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Portfolio Manager – UK Construction & Engineering in London

Underwriting Performance
Portfolio Strategy Development
Business Development
Team Leadership
Stakeholder Management
Risk Management
Analytical Capability

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at QBE.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at QBE

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at QBE to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at QBE, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding QBE's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.