Construction Senior Underwriter
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
- Motivate and coach team members to ensure the relevant knowledge and expertise is shared for their continuing personal and professional development
About you
3+ years of Underwriting experience with a focus in ConstructionKnowledge of the CAR / EAR / ALOP / IDI policies and the reference legislationKnowledge of the main pricing tools used by the insurance / reinsurance marketExcellent negotiation management skills (Both client & broker)Strong analytical, organizational and prioritization skillsAbility to analyze data and use for decision makingStrong attention to detail and relevant problem solvingUnderstanding of relevant insurance market conditionsBusiness fluent in written and spoken EnglishWhy 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. #LI-Hybrid
To find out more about why you should work for QBE, visit our careers website.
How 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.