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Underwriter - Commercial Combined

QBE Management Services (UK) Limited
Posted 4 days ago, valid for 20 days
Location

London, Greater London EC1R 0WX

Salary

ÂŁ45,000 - ÂŁ54,000 per annum

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Contract type

Full Time

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Sonic Summary

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  • The Underwriter - Commercial Combined position in London offers a full-time role with hybrid working options.
  • Candidates should have experience in the insurance industry, particularly in underwriting commercial combined business, with a focus on UK-domiciled multiline property and casualty.
  • The role involves building relationships with brokers and stakeholders, underwriting insurance risks, and maintaining compliance with legal and regulatory requirements.
  • The salary for this position is competitive, reflecting the candidate's experience and expertise in the field.
  • Applicants are encouraged to have strong organizational and interpersonal skills, along with the ability to analyze data for decision-making.

Primary Details

Time Type: Full time Worker Type: Employee

Underwriter - Commercial Combined

London with hybrid working

The Opportunity

We have a newly created Underwriter position within our Commercial Combined UK team to support our sustained and continued growth plans. This role will have a focused lens on UK-domiciled business writing multiline; property and casualty across the middle -market whilst maintaining and establishing relationships with aligned brokers.

Surrounded by supportive colleagues our market-facing underwriters own their own book of business, including a blend of new and existing business, with exposure across complex and technical risks. We empower our underwriters to use their subject matter expertise and experience, with referrals required only where necessary. Whether you have commercial combined or property underwriting experience we are keen to speak with those looking to make their next 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

  • Experience gained within the insurance industry and good knowledge of underwriting commercial combined business

  • 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

  • Good knowledge of legal and regulatory requirements

  • Understanding of natural catastrophe areas and ability to analyse modelled results

  • Excellent organizational, prioritisation and interpersonal skills

  • The ability to influence actions and attitudes of others through leading by example

  • Negotiating skills, innovative in underwriting approach and programme design

  • Ability to analyse data and use for decision-making

  • 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 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 addit

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By applying, a Reed account will be created for you. Reed's Terms & Conditions and Privacy policy will apply.