Assistant Underwriter

Primary Details

Time Type: Full time Worker Type: Employee

Assistant Underwriter – FI
London, with hybrid working

We 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 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.?? 

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – 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 (https://careers/flex-qbe/).? 

With more than more than 13,000 people working across 27 countries, we’re 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 our careers website.? 

At My Best - QBE Benefits?? 

You are more than your work – 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 – 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 – we fund fully comprehensive private medical cover for you and all the family.?? 

• Family friendly policies – 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 – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.? 

To find out more visit our? Reward Page? 

QBE Awards?? 

Some of the award’s QBE are proud to have won, been a finalist for, and shortlisted for include;?? 

AXCO Global Insurance Awards 2024 Winner: Network Management of the Year? 

Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer? 

UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year? 

Working Dads Employer Awards 2023 Winner: Parental Policies Award? 

Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee 

You can view all our awards here? 

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 are proud to have partnerships with organisations such as Stonewall

QBE Management Services (UK) Limited

London