Insurance underwriter
QBE
Time Type: Full time
Are you passionate about working for one of the worlds largest insurers that offers excellent opportunities to grow your career and with offices in 27 countries
Leveraging our deep expertise and insights QBE offers commercial personal and specialty products and risk management solutions to help people and businesses manage risks. QBE Europe SA/NV is headquartered in Brussel and while we are international in our outlook we are also proudly local in our operations with our Italy office in Milan . QBEs European Operations which accounts for over 27% of QBE Group turnover is a leading specialist in London market and European commercial lines business. We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects.
With our comprehensive product offering and underwriting expertise we are able to cover a wide range of business risks helping our clients to identify them and minimise their exposure.
Construction Senior Underwriter (m/f)
Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions
- 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 DUAs if relevant) to ensure accuracy and good practice
- Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives
- Underwrite insurance risks in accordance with the business plan and the delegated underwriting authority to meet business objectives including: Negotiating rates terms and conditions for existing and new business Compliance of production and issue of contract certainty documentation (non Lloyds) Ensuring compliance with internal and external regulations and guidelines Ensuring contribution to the business plan and objectives Support credit control in payment collection
- 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: 3 years of Underwriting experience with a focus in Construction
- Knowledge of the CAR/EAR/ALOP/IDI policies and the reference legislation.
- knowledge of the main pricing tools used by the insurance/reinsurance market.
- Ability to analyse data and use for decision making
- Understanding of relevant insurance market conditions
- Business fluent in written and spoken English
We understand that one size doesnt fit all and that priorities can change depending on your life stage. Everything we do is underpinned by our QBE DNA - because we know its not just what we do that matters its how we do it that makes the 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.
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. #LI-Hybrid
Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year
Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care Diversity & Inclusion Initiative of the Year 2022 Specialist Insurer of the Year (for Construction) General Insurer of the Year
Analytical Thinking Business Management Coaching for success Critical Thinking Decision Making Detail-Oriented Influencing Insurance Underwriting Intentional collaboration Managing performance Navigating ambiguity Policy Development Prioritization Risk Management Stakeholder Management
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