Assistant Underwriter

Primary Details

Time Type: Full time

Worker Type: Employee

To underwrite business and support an Underwriting team in accordance with the business plan and within delegated underwriting authority

At QBE, our purpose is to enable a more resilient future.

Are you passionate about working for one of the world’s largest insurers that offers excellent opportunities to grow your career and with offices in 28 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. Today, we employ more than 12,000 people around the world.

QBE Europe SA/NV is headquartered in Brussel and while we are international in our outlook, we are also proudly local in our operations. 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.

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.

ASSISTANT UNDERWRITER

The context and the opportunity

As part of our plan to continue to build profitable growth, we want to expand our geographic footprint in Barcelona.

If you want to play an active role in this fantastic adventure within a successful organisation with strong growth ambitions, this is an exciting opportunity to join our company as an Assistant Underwriter.

Reporting into the Regional Manager you will be responsible for an Underwriting business area consisting of a number of portfolios or unit functions in accordance with the business plan for the Catalonian region.

Your new role
- Follow the annual business plan for the portfolio and its context to be able to make decisions appropriately
- Contribute, as required, to the planning process through research and project work
- Participate in meetings, as required, 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 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
- 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 relationships in line with the business plan to support the achievement of business objectives.
- 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 production and issue of contract certainty documentation (non Lloyds) | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collection
- Support the review and analysis of the portfolio to identify progress towards business objectives
Make entries, as required, properly and promptly on EO systems to ensure accuracy of data, in relation to: | Underwriting | Aggregate exposures
- Support the aggregate management and peer review processes to encourage and develop excellence

About you
- At least 3 years in a similar role.
- Excellent interpersonal and communication skills to build relationships across all levels of the organization.
- Strong negotiating skills and networking skills.
- Excellent presentation skills and strong leadership and influencing abilities.
- Strong reasoning capabilities - creative and lateral thinking, good problem-solving skills and ability to analyse and use data for decision making.
- Use of risk profiling and pricing tools and loss models.
- Fluent English communication skills (oral and written)

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 QB