Primary Details
Time Type: Full time Worker Type: Employee Liability Underwriter
Permanent (Hybrid)
Glasgow
The Opportunity
QBE Europe is looking to recruit a Liability and commercial underwriter to join our established and well-respected underwriting team in Glasgow. In position you will be recruited to underwrite business, both new and existing, in accordance with the business plan and within delegated underwriting authority. You will support and work with stakeholders internally and externally.
Your New Role
Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions
Apply the reinsurance strategy in order to safeguard the portfolio
Participate in all relevant 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
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 DUA's if relevant) to ensure accuracy and good practice
Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives
Establish, strengthen and develop relationships with stakeholders including customers, brokers, business partners and colleagues to maximize influence and achieve business objectives
Demonstrate an understanding and awareness of market dynamics and market cycle to enhance business performance
Maintain expertise and team knowledge through identifying appropriate learning and development activities
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: Underwriting Aggregate exposures.
Contribute to the aggregate management and peer review processes to encourage and develop excellence.
About You
Experience and knowledge in underwriting Liability and commercial Business.
An understanding of market trends
A good network of broker contacts
Good relationship management through interpersonal and communication skills with the ability to influence and negotiate.
Progress towards CII Qualifications
Good knowledge of relevant underwriting systems.
Thorough understanding of class specific underwriting and reinsurance knowledge
Intermediate level understanding of relevant software, including Excel and other departmental software packages.
Strong knowledge of legal and regulatory requirements (specific reference to FSA / Lloyd's regulation).
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. In 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.
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.
Some of the award's QBE are proud to have won, been a finalist for, and shortlisted for include.
Employer of the Year 2022Winner - Insurance Insider
British Claims Awards 2022 Winner - InsurTech Award
Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year
Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response
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
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 Women's Empowerment Principles and Race at Work charter helps keep us accountable and transparent.
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.