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Senior Underwriter

QBE Management Services (UK) Limited
Posted 2 days ago, valid for 7 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 is for a Senior P&I Underwriter at QBE, requiring a minimum of 5 years of experience in British Marine products.
  • The role involves underwriting insurance risks, maintaining stakeholder relationships, and ensuring compliance with regulatory requirements.
  • The salary for this full-time position is competitive and includes a comprehensive benefits package such as 30 days of holiday and private medical insurance.
  • The job is based in London with opportunities for international travel and hybrid working arrangements.
  • QBE promotes a fair and inclusive workplace culture, emphasizing employee well-being and flexible working options.

Primary Details

Time Type: Full time Worker Type: Employee To underwrite business in accordance with the business plan and within delegated underwriting authority

Following internal mobility, we have a Senior P&I Underwriter role available within our British Marine offering. Joining a total team of 16, you will underwrite risks across our British Marine P&I portfolio and contribute towards our planned underwriting result, supporting the shaping of our strategy across a wide range of insurance risks within our diverse and growing book. This position offers an exciting opportunity to join an established global brand with a P&L based in London and offices in Miami, Singapore, Vietnam, Malaysia and Hong Kong.  With the opportunity for international travel, there are further possibilities for new hubs in the coming years.  Whilst based in London, we offer hybrid employment alongside an excellent range of work and lifestyle benefits.

Your Role:

  • Underwrite insurance risks in alignment with the Business Plan and personal authority to achieve business objectives
  • Cultivate and maintain strong relationships with stakeholders, including customers, brokers, and colleagues, to maximize influence and support business goals
  • Develop strategic relationships in line with the Business Plan to facilitate the achievement of objectives
  • Ensure compliance with insurance strategy to mitigate risk and achieve business plan targets
  • Participate actively in shaping and developing strategy, knowledge, and best practices within the team.
  • Promote the department, division, and company brand positively to leverage brand equity effectively bit of an odd sentence!
  • Ensure adherence to all legal and regulatory requirements to meet obligations
  • Maintain underwriting standards, instructions, and best practices to minimise risk and enhance efficiency
  • Stay updated on market dynamics and demonstrate market cycle awareness to operate effectively
  • Motivate and develop the team by demonstrating good leadership behaviours and management best practice so as to support the achievement of business goals

About You:

  • British Marine product experience with good knowledge of the market
  • Technically proficient and comfortable with bespoke wordings
  • Commercial acumen to grasp key profit drivers and maximize long-term wealth for shareholders
  • Intermediate proficiency in relevant software, including Excel and other departmental tools
  • Excellent organisational, prioritisation, and interpersonal skills
  • Clear negotiating skills with an innovative approach to underwriting and program design

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 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 Employe 

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