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Senior Underwriter - Marine Cargo

QBE Management Services (UK) Limited
Posted 6 days ago, valid for 16 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 position of Senior Underwriter – Marine, Cargo is available in London and requires candidates to have experience in underwriting marine cargo and related businesses.
  • This full-time role offers a competitive salary, with specific figures not disclosed, and seeks individuals with a minimum of 5 years of relevant experience.
  • The successful candidate will be responsible for underwriting insurance risks, building relationships with stakeholders, and ensuring compliance with legal and regulatory requirements.
  • QBE promotes a supportive and inclusive work environment, providing flexible working options and extensive benefits, including 30 days of holiday and private medical insurance.
  • Candidates are encouraged to demonstrate strong negotiation skills, market awareness, and a collaborative approach to engage with teams across the organization.

Primary Details

Time Type: Full time Worker Type: Employee

Senior Underwriter – Marine, Cargo

London

The Opportunity:

We are currently seeking a Senior Underwriter to join our Marine Cargo portfolio, joining an existing team of underwriters in London. Part of our wider Marine Division, within Cargo we underwrite both syndicated and multinational business covering a range of territories. Primarily lead business with a broad underwriting appetite albeit focused on complex and technical risks, this market-facing role provides an exciting opportunity to help manage and further develop the portfolio.

With hybrid working and excellent benefits you will be working alongside colleagues in a supportive and inclusive environment.  We empower our underwriters to use their subject matter expertise and experience and are keen to engage with Cargo professionals open to considering a move!

Your new role:

  • Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
  • Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
  • Develop relationships in line with the Business Plan to support the achievement of business objectives
  • Understand and comply with QBE reinsurance strategy to minimise risk and deliver business plan objectives
  • Participate fully and use your expertise to shape and develop strategy, knowledge and best practice
  • Positively promote the department, division and company as a whole, in order to maximise brand leverage
  • 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
  • Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
  • Ensure clear and prompt communication to UA’s in relation to Underwriting and aggregate exposures ensuring entries on EO systems are accurate

About you – desired attributes:

  • Experience in underwriting marine cargo, stock throughput, excess stock and project cargo business across multiple interests
  • Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
  • Intermediate level understanding of relevant software, including Excel and other departmental software packages
  • Collaborative outlook to engage positively with our cargo teams outside of the UK
  • Good knowledge of legal and regulatory requirements
  • Excellent organisational, prioritisation and interpersonal skills
  • Good negotiating skills, innovative underwriting approach and programme design
  • Use of risk profiling and pricing tools and loss models

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.? FOR UK ONLY: 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 2

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