Product Features
Blog
Contact Us
Sign In
QBE Insurance European Operations
,
London, Greater London
Underwriter - Financial Lines
|
|
Job Type: Full-time |
|---|
Overview
Underwriter - Financial Lines London, EC3M 3BD 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 Underwriter to join our team, this is your chance to create your career in an exciting environment where. Are you ready to grow your career with us? As an Underwriter for QBE you will underwrite and develop business in accordance with the business plan. This is an excellent opportunity for you to own and manage your own book of business. Your responsibilities for this role may include, but are not limited to: Support the development of the annual business plan for the portfolio and ensure delivery of the plan Ensure the team’s awareness of the business plan and it’s context, to be able to make decisions appropriately Apply the Reinsurance Strategy in order to safeguard the portfolio Positively promote the department, division and company as a whole, in order to maximise brand leverage Contribute to the development of the team’s business plan in order to maximise productivity and performance Perform complex underwriting activities in accordance 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 Ensure the recording and measurement of insurance risks, including DUA’s where relevant, to ensure accuracy and good practice Act as a technical expert to support the identification of issues and opportunities within area of expertise Establish and strengthen strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance Continually develop expertise and technical knowledge through identifying and implementing appropriate learning and development activities Underwrite complex insurance risks in accordance with the business plan and the personal authority to meet business objectives, including: Contribution to the aggregate management and peer review processes to encourage and develop excellence Contribute and influence in the review and analysis of the portfolio to identify progress toward business objectives Manage performance fairly and in line with performance processes Motivate and develop the team by demonstrating good leadership behaviours and management best practice so as to support the achievement of business goals Manage resources across the team to ensure business requirements are achieved You will need to be able to display you have the following qualifications and experience: Substantial experience gained within D&O insurance market ACII qualified or progress towards People management experience - ability to engage and lead a team Strong established customer/broker relationships Extensive knowledge of relevant market conditions Intermediate level understanding of relevant software, including Excel Excellent knowledge of legal and regulatory requirements (specific reference to FCA/PRA/ Lloyds regulation) Excellent organisational and prioritisation skills Ability to effectively negotiate Ability to analyse data and use for decision-making Use of risk profiling and pricing tools and loss models 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. We’re 'Happy to talk Flexible Working’.