Assistant Underwriter

London, United Kingdom

Job Description


Primary Details Time Type: Full timeWorker Type: EmployeeAssistant Underwriter xe2x80x93 FI
London, with hybrid workingWe currently have an opportunity for an Assistant Underwriter within our FI (Financial Institutions) team.This is a great opportunity to join a team with long-standing, successful client relationships and define your career within FI underwriting. Surrounded by supportive, experienced colleagues this market-facing role will provide full exposure across the underwriting lifecycle.Your new role

  • Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
  • Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice
  • Maintain relationships with stakeholders including customers, brokers, business partners and colleagues, to increase exposure in the market.
  • Develop knowledge of market dynamics and market cycles to be able to support business performance.
  • Underwrite insurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: | negotiating rates, terms and conditions for existing and new business | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collection
  • Apply the reinsurance programme to minimize the susceptibility to unknown risks
  • Contribute to the planning process through research and project work
  • Participate in meetings to support the development of strategy, share knowledge and best practice
About you
  • Experience in Underwriting or Underwriting support, ideally within Financial Lines.
  • Good technical, analytical skills with the ability to interpret data and identify trends
  • Intermediate level understanding of relevant software including Excel and other departmental software packages
  • Team player with the ability to work collaboratively and develop strong working relationships
  • Flexible approach and ability to recognise and adapt to changing business requirements
Why QBE? At My BestAt QBE, we want our people to feel rewarded and inspired to perform at their best, thatxe2x80x99s why we have created xe2x80x9cAt My Bestxe2x80x9d. Itxe2x80x99s our connection, our way of showing we have your back. We understand that one size doesnxe2x80x99t 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. Itxe2x80x99s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.Wexe2x80x99re an international insurer thatxe2x80x99s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whatxe2x80x99s around the corner, but at QBE wexe2x80x99re asking the right questions to enable a more resilient future xe2x80x93 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 ( ).With more than more than 13,000 people working across 27 countries, wexe2x80x99re 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 ourAt My Best - QBE BenefitsYou are more than your work xe2x80x93 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. 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 xe2x80x93 you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
  • Private medical insurance xe2x80x93 we fund fully comprehensive private medical cover for you and all the family.
  • Family friendly policies xe2x80x93 we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
  • Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
  • Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.
  • Cycle-to-Work xe2x80x93 benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of xc2xa35,000.
To find out more visit our Reward PageQBE AwardsSome of the awardxe2x80x99s QBE are proud to have won, been a finalist for, and shortlisted for include;AXCO Global Insurance Awards 2024 Winner: Network Management of the YearInsurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber InsurerUK IT Industry Awards 2023 Winner: Green Technology Innovation of the YearWorking Dads Employer Awards 2023 Winner: Parental Policies AwardInsurance Post British Insurance Awards 2023: QBE rated as a 5-Star EmployeeYou can view all our awardsInclusion of DiversityWe are striving to create a workplace culture where all our people feel included, and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Womenxe2x80x99s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at ourAccessibilityHere at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.ESG & SustainabilityAt QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBExe2x80x99s sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative xe2x80x98Premiums4Goodxe2x80x99, please visit our and read our latest Sustainability ReportWhat next? If you have a passion to contribute to QBExe2x80x99s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the xe2x80x9capplyxe2x80x9d button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.We believe this is our moment xe2x80x93 what if it was yours too?APPLY NOW and letxe2x80x99s make it happen!Skills: Adaptability, Commercial Acumen, Communication, Critical Thinking, Customer Service, Customer Value Management, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Pricing Strategies, Process Improvements, Regulatory Compliance, Risk Management, Strategic ManagementHow 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.

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Job Detail

  • Job Id
    JD3073023
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, United Kingdom
  • Education
    Not mentioned