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Assistant Underwriter - Trade Finance Solutions

QBE Management Services (UK) Limited
Posted 13 hours ago, valid for 3 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ30,000 - ÂŁ36,000 per annum

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Contract type

Full Time

Retirement Plan

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Sonic Summary

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  • The Assistant Underwriter position at QBE in London offers a full-time role with hybrid working options.
  • Candidates should have a strong interest in finance or insurance and possess a high level of numeracy and literacy, with experience in the financial services industry being desirable.
  • The role involves supporting the underwriting lifecycle, including triaging new enquiries and maintaining documentation processes.
  • The salary for this position is competitive, although the specific amount is not mentioned in the job description.
  • QBE provides a supportive work environment with benefits like 30 days of holiday, flexible working arrangements, and comprehensive private medical insurance.

Primary Details

Time Type: Full time Worker Type: Employee

Assistant Underwriter – Trade Finance Solutions

London with hybrid working

We currently have an opportunity for an Assistant Underwriter to join our Credit team in London, with hybrid working options.  This is an ideal opportunity for someone wishing to establish a career in either insurance or finance solutions.

The Opportunity

Surrounded by supportive and experienced colleagues, this role will provide full exposure across the underwriting lifecycle. You’ll be involved in all aspects of the business, including supporting underwriting and developing new and existing business in accordance with the Trade Finance Solutions’ business plan and risk appetite.  You will also provide support on a technical and administrative level for more complex tasks.

Your New Role

  • Supporting the triaging process for new enquiries being received from the market in accordance with the risk appetite
  • Supporting the underwriting review process of new business and renewals, including policy and financing facility wordings, financial & business information
  • Supporting the internal recording and documentation of new enquiries, submissions, quotes, and bound policies.
  • Maintaining and reviewing processes and models integral to the underwriting process.
  • Developing working relationships with external and internal stakeholders including customers, brokers, business partners and colleagues
  • Work with finance and credit teams to ensure clear flow of funds and review current processes to enhance efficiencies
  • Developing a knowledge of market dynamics and market cycles

About you

  • A high level of numeracy and literacy
  • Strong business acumen and keen interest in detailed corporate analysis
  • Strong interpersonal and communication skills
  • Ability to analyse data and use for decision-making
  • Excellent organisational and prioritisation skills
  • Experience in either the financial services industry and/or the ability to understand financial accounts is desirable

Why QBE? At My Best  

 At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.  

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.  

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, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/). 

With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.  

To find out more about why you should work for QBE, visit our careers website. 

At My Best - QBE Benefits  

You are more than your work – and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally.  As well as the benefits below we also offer an extensive choice of other options to suit you!  

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. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own. Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000. 

To find out more visit our  Reward Page 

QBE Awards  

Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;  

AXCO Global Insurance Awards 2024 Winner: Network Management of the Year 

Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer 

UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year 

Working Dads Employer Awards 2023 Winner: Parental Policies Award 

Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee

You can view all our awards here 

Inclusion of Diversity 

We are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in.  We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more i

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