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Senior Underwriter - Property

QBE Management Services (UK) Limited
Posted 8 hours ago, valid for 23 days
Location

London, Greater London EC1R 0WX

Salary

£45,000 - £54,000 per annum

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Contract type

Full Time

Retirement Plan

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Sonic Summary

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  • The Senior Underwriter – Property position in London is a full-time role within the Major Risk team, focusing on London Market Retail Property business.
  • Candidates should have proven experience in the property insurance market and a strong understanding of industry dynamics, with a salary range of £70,000 to £90,000 per year.
  • The role involves underwriting insurance risks, maintaining relationships with stakeholders, and ensuring compliance with insurance strategy.
  • Applicants must demonstrate strong negotiating skills and commercial acumen, as well as proficiency in relevant software like Excel.
  • QBE offers a supportive work environment with flexible working options and benefits such as 30 days of holiday and a 10% employer pension contribution.

Primary Details

Time Type: Full time Worker Type: Employee

Senior Underwriter – Property

London/Hybrid

The Opportunity:

We are looking for a Senior Property Underwriter to join our London Major Risk team. The team is responsible for writing London Market Retail Property business, across company and where necessary Syndicate paper. We have an Open Market book consisting of a mixture of UK and European domiciled clients with a global footprint and some UK/European binder business.

Our appetite spans a broad range of industries with a focus on primary lead/follow multinational, though we also write shared and layered deals on both a proportional and non-proportional basis. 

With hybrid working and excellent benefits you will be working alongside colleagues in a supportive and inclusive environment and we are keen to speak with underwriting professionals looking to make their next move!

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: 

  • Proven experience in the property insurance market, demonstrating a strong understanding of industry dynamics
  • 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
  • Strong 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 ourcareers 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.? 

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