Senior Underwriter – Financial Institutions (FI) in London

Senior Underwriter – Financial Institutions (FI) in London

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

At a Glance

  • Tasks: Underwrite insurance risks and build strong relationships with clients and brokers.
  • Company: Join QBE, a global insurer with a human touch and a focus on innovation.
  • Benefits: Enjoy 30 days holiday, flexible working, and a generous pension plan.
  • Other info: Be part of a team recognised for excellence in the insurance industry.
  • Why this job: Make a real impact in a dynamic market while growing your career.
  • Qualifications: Previous FI underwriting experience and strong commercial acumen required.

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

Role Highlights

London, with hybrid working

Enhance your career in an exciting and ever-changing environment

The Opportunity

QBE are currently hiring for a Senior Underwriter within our Financial Institutions Underwriting team. With a focus on banks, insurance companies and asset managers, our territory coverage includes UK, EUR, AUS and CAN. This is an exciting and dynamic market facing role in an underwriting led business where you will grow and develop client and broker relationships across our global book of business. We are in a key growth phase and keen to connect with FI professionals open to a move.

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

  • Underwrite insurance risks in alignment with the Business Plan and personal authority to achieve business objectives
  • Cultivate and maintain strong relationships with stakeholders, including customers, brokers, and colleagues, to maximize influence and support business goals
  • Develop strategic relationships in line with the Business Plan to facilitate the achievement of objectives
  • Ensure compliance with insurance strategy to mitigate risk and achieve business plan targets
  • Participate actively in shaping and developing strategy, knowledge, and best practices within the team
  • Maintain underwriting standards, instructions, and best practices to minimise risk and enhance efficiency
  • Stay updated on market dynamics and demonstrate market cycle awareness to operate effectively
  • Motivate and develop the team by demonstrating good leadership behaviours and management best practice so as to support the achievement of business goals

About you:

  • Previous FI underwriting experience
  • Commercial acumen to grasp key profit drivers and maximize long-term wealth for shareholders
  • Intermediate proficiency in relevant software, including Excel and other departmental tools
  • Excellent organisational, prioritisation, and interpersonal skills

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 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

To learn more about our achievements, click here

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
  • Coaching for success
  • Commercial Acumen
  • Communication
  • Critical Thinking
  • Decision Making
  • Influencing
  • Insurance Underwriting
  • Intentional collaboration
  • Managing performance
  • Navigating ambiguity
  • Portfolio Management
  • Regulatory Compliance
  • Risk Management
  • Stakeholder 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.

Senior Underwriter – Financial Institutions (FI) in London employer: QBE

QBE is an exceptional employer that fosters a dynamic and inclusive work culture, offering employees the chance to thrive in a supportive environment while making a meaningful impact in the financial institutions sector. With flexible working arrangements, generous holiday allowances, and a commitment to employee development, QBE empowers its team members to grow their careers while enjoying a healthy work-life balance. Located in London, this role provides access to a vibrant city with a wealth of professional opportunities and networking potential.

QBE

Contact Details:

QBE Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter – Financial Institutions (FI) 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.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like QBE). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

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 Senior Underwriter – Financial Institutions (FI) in London

Financial Institutions Underwriting
Commercial Acumen
Analytical Thinking
Communication Skills
Stakeholder Management
Risk Management
Regulatory Compliance

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.