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Senior Underwriter - Engineering & Construction

QBE Management Services (UK) Limited
Posted 19 hours ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ25,000 - ÂŁ30,000 per annum

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Contract type

Full Time

Retirement Plan

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Sonic Summary

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  • QBE is seeking a Senior Underwriter for Engineering and Construction based in London, with a focus on large construction project insurance.
  • The role requires international underwriting experience specifically within engineering, construction, or EAR/CAR, and at least 5 years of relevant experience.
  • The position offers a competitive salary of ÂŁ80,000 to ÂŁ100,000, along with a comprehensive benefits package including 30 days holiday and a pension plan with employer contributions.
  • Candidates should possess strong commercial acumen, excellent negotiation skills, and proficiency in relevant software tools.
  • This dynamic role involves cultivating relationships with clients and brokers, ensuring compliance with regulatory requirements, and actively participating in strategic development within the team.

Primary Details

Time Type: Full time Worker Type: Employee

Senior Underwriter – Engineering and Construction

QBE have a longstanding and well renowned reputation for leading business in high hazard and engineering lines of business. As we continue to grow our offering we have a newly created Senior Underwriter to join the London based team. We are focused on becoming a leading provider of comprehensive large construction project insurance, preferred access point for brokers, opinion leader and preferred specialist in the field of risk assessment. With the opportunity for syndicate or company paper, our book is global with a focus on US business. You will be part of our wider Natural Resources offerings, with long-established client partnerships across Onshore Energy, Operational Power, Mining and Renewables.

This is an exciting and dynamic market facing role in an underwriting led business where you will grow and develop client and broker relationships and lead negotiations as part of an experienced, supportive and empowered underwriting team.

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
  • 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:

  • International underwriting experience within engineering, construction and/or EAR/CAR.
  • 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
  • Good 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.? 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

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