At a Glance
- Tasks: Underwrite property treaties and shape portfolio performance in a dynamic reinsurance team.
- Company: Join a leading reinsurance firm with a focus on innovation and sustainability.
- Benefits: Enjoy 30 days holiday, flexible working, and comprehensive health insurance.
- Other info: Hybrid working model and opportunities for international exposure.
- Why this job: Make a real impact while developing your technical skills in a supportive environment.
- 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.
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:
- 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 a bike and/or accessories up to the value of £5,000.
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 in London employer: QBE
QBE is an exceptional employer, offering a dynamic and supportive work environment for Underwriters in the reinsurance sector. With a strong focus on employee well-being, we provide generous benefits such as 30 days of holiday, flexible working arrangements, and comprehensive private medical insurance. Our commitment to professional growth and sustainable practices, combined with the opportunity to work in a high-performing team in London, makes QBE an attractive choice for those seeking a meaningful and rewarding career.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Reinsurance, Property in London
✨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 to potential employers. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its portfolio. Understand their market position and recent developments. This will help you tailor your responses and show that you’re genuinely interested in the role.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the job requirements. Highlight your technical skills and any relevant projects you've worked on. Confidence is key, so rehearse until it feels natural.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. It shows your enthusiasm for the role and reinforces your interest in joining their team.
We think you need these skills to ace Underwriter – Reinsurance, Property in London
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. Be sure to mention any specific experiences that relate to the job description.
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 methodologies you’ve used, especially if they relate to risk profiling or catastrophe modelling.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at QBE
✨Know Your Underwriting Stuff
Make sure you brush up on your property treaty reinsurance knowledge. Be ready to discuss your experience with catastrophe modelling, loss models, and the tools you’ve used like RMS or Verisk. This will show that you’re not just familiar with the concepts but can apply them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical capabilities. Bring examples of how you've used data to inform underwriting decisions or portfolio performance. Being able to talk about specific instances where your analysis led to successful outcomes will impress the interviewers.
✨Build Rapport with Stakeholders
Since relationship management is key in this role, think of ways to highlight your experience in building strong relationships with brokers and internal stakeholders. Share stories that illustrate your communication skills and how you’ve navigated complex negotiations.
✨Understand Market Dynamics
Familiarise yourself with current market trends and underwriting cycles. Be prepared to discuss how these factors influence your decision-making process. Showing that you can adapt to changing conditions will demonstrate your strategic thinking and readiness for the role.
