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Assistant Underwriter

3 months ago

London, UK, United Kingdom QBE Management Services Limited Full time

Primary Details

Time Type: Full time Worker Type: Employee

Assistant Underwriter – Marine

London

The Opportunity

We are currently looking for an Assistant Underwriter to join our successful Marine underwriting team.

In this role, you will play a crucial role in developing business within the team. Your role will involve a combination of renewal management, new business quote management, pipelining and seeking out opportunities whilst liaising with broker panels and attending meetings.

With hybrid office working and excellent benefits including 30 days holiday, you will be working in a supportive, inclusive, and collaborative environment. We’re the down-to-earth, international insurer that is neither too big nor small, so you can make a real impact

Your new role

  • Gain exposure to the annual business plan for the portfolio and understand its context to be able to assist with decisions appropriately.
  • Contribute to the planning process through research and project work.
  • Participate in meetings to support the development of strategy, share knowledge and best practice.
  • Support the promotion of the department, division and company as a whole, in order to maximise brand leverage.
  • 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.
  • Apply the reinsurance programme to minimize the susceptibility to unknown risks
  • 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.
  • Support the review and analysis of the portfolio to identify progress towards business objectives.
  • Support the aggregate management and peer review processes to encourage and develop excellence

About you

  • Experience within the insurance industry, ideally in an Underwriting Assistant or Assistant Underwriter role.
  • Intermediate level understanding of relevant software including Excel and other departmental software packages
  • Excellent interpersonal, communication and negotiation skills.
  • Capability to analyse and use data for decision making and demonstrate financial acumen
  • Good 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 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 - because we know it’s not just what we do that matters, it’s how we do it that makes the difference. 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.

Inclusion of Diversity

We 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 know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers.?