Senior Underwriter - International Casualty
QBE
London
25 days ago

Senior Underwriter – International Casualty

London

QBE’s European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyd’s and company market, QBE offers considerable diversity to the broking community. 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.

The Opportunity:

We are looking for an Underwriter to join our team, this is your chance to create your career in an exciting environment where anything is possible. Are you ready to grow your career with us? As an Underwriter for QBE you will underwrite and develop business in accordance with the business plan. This is an excellent opportunity for you to own and manage your own book of business.

Your responsibilities for this role may include, but are not limited to:

  • Support the development of the annual business plan for the portfolio and ensure delivery of the plan
  • Ensure the team’s awareness of the business plan and it’s context, to be able to make decisions appropriately
  • Apply the Reinsurance Strategy in order to safeguard the portfolio
  • Contribute and participate in all meetings, in order to share and develop strategy, knowledge and best practice
  • Positively promote the department, division and company as a whole, in order to maximize brand leverage
  • Contribute to the development of the team’s business plan in order to maximize productivity and performance
  • Perform complex 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 where relevant, to ensure accuracy and good practice
  • Apply any reinsurance requirements to minimize risk and to deliver business plan objectives
  • Act as a technical expert to support the identification of issues and opportunities within area of
  • expertise
  • Establish and strengthen strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize influence and achieve business objectives
  • Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance
  • Continually develop expertise and technical knowledge through identifying and implementing appropriate learning and development activities
  • Underwrite complex insurance risks in accordance with the business plan and the personal 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
  • Contribute and influence 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
  • Manage resources across the team to ensure business requirements are achieved
  • Motivate and develop the team by demonstrating good leadership behaviours and management best practice so as to support the achievement of business goals
  • Manage performance fairly and in line with performance processes

You will need to be able to display you have the following qualifications and experience:

  • Substantial experience gained within International Casualty business, preferably with a bias on ANZO risks however not a necessity.
  • ACII qualified or progress towards
  • People management experience – ability to engage and be SME for the team
  • Strong established customer/broker relationships
  • Extensive knowledge of relevant market conditions
  • Intermediate level understanding of relevant software, including Excel
  • Excellent knowledge of legal and regulatory requirements (specific reference to FCA/PRA/ Lloyds regulation)
  • Excellent organisational and prioritisation skills
  • Ability to effectively negotiate
  • Ability to analyse data and use for decision-making
  • Use of risk profiling and pricing tools and loss models
  • Strong level of numeracy and literacy skills
  • Meticulous organizational and prioritization skills
  • Strong negotiating skills
  • Ability to analyze data and use for decision-making

Number of Openings:

1

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.