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QBE Insurance European Operations
,
London, Greater London
Accident & Health Assistant Underwriter - Direct/Facultative
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Job Type: Full-time |
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Overview
Accident & Health Assistant Underwriter - Direct/Facultative London QBE’s European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community. We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects. The Opportunity: We are looking for an Assistant Underwriter to join our team this is your chance to create your career in an exciting environment where anything is possible. Are you ready to grow your career with us? Your responsibilities for this role may include, but are not limited to: Be aware of the annual business plan for the portfolio and its context to be able to make decisions appropriately: negotiating rates, terms and conditions for existing and new business managing production and issue of contract certainty documentation ensuring compliance with internal and external regulations and guidelines. ensuring contribution to the business plan and objectives Contribute, as required, to the planning process through research and project work 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 Contribute to recording and measurement of insurance risks to ensure accuracy and good practise Develop and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives. Develop a knowledge of market dynamics and market cycles to be able to operate effectively and appropriately Participate in the review and analysis of the portfolio to identify progress toward business objectives Including management of DUA Binder activity, primary and excess layers. Contribute to the aggregate management and peer review processes to encourage and develop excellence You will need to be able to display you have the following qualifications and experience: Understanding of class specific underwriting and awareness of reinsurance programme specifically within Personal Accident knowledge and Expected Profitability Analysis (EPA) Understanding of relevant market conditions Good knowledge of relevant QBE underwriting systems Intermediate level of understanding of relevant software including Excel and other departmental software packages Strong disciplined training within a multitude of different PA Reinsurance environments DUA/Binder exposure (not necessity) A high level of numeracy and literacy Strong organisational and prioritisation skills Good knowledge of legal and regulatory requirements (specific reference to FSA/Lloyds regulation) Good knowledge of QBE underwriting process and procedures including EPA At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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. Search for QBE on Vercida to learn more about our Diversity and Inclusion programmes and policies.