At a Glance
- Tasks: Join a high-performing reinsurance team and shape portfolio performance through strategic underwriting.
- Company: Dynamic reinsurance company based in London with a focus on innovation.
- Benefits: 30 days holiday, flexible working, private medical insurance, and sustainable investing options.
- Other info: Hybrid working model and opportunities for career growth in a supportive culture.
- Why this job: Make a meaningful impact while developing your technical skills in a fast-paced 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 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 a truly rewarding place to advance your career.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Reinsurance, Property
✨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. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can confidently discuss underwriting principles, market dynamics, and your experience with catastrophe modelling. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills align with the role of an Underwriter in a high-performing team. Highlight your analytical skills and relationship-building abilities, as these are key in this field.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Underwriter – Reinsurance, Property
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. Keep it concise but impactful – we love a good story!
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to showcase your analytical skills in your application. Mention any tools or methodologies you’ve used, especially if they relate to risk profiling or pricing tools like RMS/Verisk.
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 don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at QBE
✨Know Your Numbers
As an Underwriter in Reinsurance, you'll need to be comfortable with data. Brush up on your Excel skills and be ready to discuss how you've used data analysis in past roles. Prepare examples of how you've applied technical expertise to improve portfolio performance.
✨Understand the Market
Familiarise yourself with current market dynamics and underwriting cycles. Be prepared to discuss how these factors influence your decision-making process. Showing that you can adapt to changing conditions will impress your interviewers.
✨Build Relationships
Since this role involves working closely with brokers and internal stakeholders, think of examples where you've successfully built and maintained professional relationships. Highlight your communication skills and how they’ve helped you achieve business objectives.
✨Compliance is Key
Make sure you understand the legal and regulatory requirements relevant to the role, such as FCA and Lloyd’s frameworks. Be ready to discuss how you ensure compliance in your underwriting decisions, as this is crucial for maintaining high standards.
