Underwriter - Commercial Lines

The opportunity   

We have a newly created Underwriter position within our Commercial Lines portfolio to support our sustained and continued growth plans on a 6-month fixed-term contract basis.  

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.    

We are keen to speak with those looking to make their next move!   

Your new role  

• Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions.  

• Apply the reinsurance strategy and safeguard the portfolio.  

• Participate in all relevant meetings; share and develop strategy, knowledge, and best practice.  

• Positively promote the department, division, and company as a whole in order to maximize brand leverage.  

• Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met.  

• Adhere to underwriting standards, instructions, and good practice to minimize risk and maximize efficiency.  

• Ensure the recording and measurement of insurance risks, (including DUA’s if relevant) to ensure accuracy and good practice.  

• Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives.  

• Establish, strengthen, and develop relationships with stakeholders including customers, brokers, business partners and colleagues to maximize influence and achieve business objectives.  

• Demonstrate an understanding and awareness of market dynamics and market cycle to enhance business performance.  

• Maintain expertise and team knowledge through identifying appropriate learning and development activities.  

• Underwrite insurance risks in accordance with the business plan and the delegated underwriting authority to meet business objectives.   

• Participate in the review and analysis of the portfolio to identify progress toward business objectives.  

• Ensure entries are properly and promptly recorded on EO systems to ensure accuracy of data in relation to: Underwriting | Aggregate exposures.  

• Contribute to the aggregate management and peer review processes to encourage and develop excellence.  

• Motivate and coach team members to ensure the relevant knowledge and expertise is shared for their continuing personal and professional development.  

About you 

• High level of numeracy, literacy, organizational and prioritization skills.  

• Relationship Management – ability to build productive internal and external relationships.    

• Thorough understanding of class specific underwriting and reinsurance knowledge.  

• Proven knowledge of relevant market conditions for specific class/portfolio.  

• Intermediate proficiency with relevant software including MS Excel and other departmental software packages.  

• Fundamental understanding of legal and regulatory requirements (specific reference to FSA/Lloyds regulation).  

Why QBE?   

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 - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.  In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.   

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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://qbeeurope.com/careers/flex-qbe/).    

Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;