Full-Time

Underwriter

Property & Package

Posted on 4/7/2025

QBE Insurance

QBE Insurance

International insurer and reinsurer

No salary listed

Mid, Senior

London, UK

Category
Insurance
Finance & Banking
Required Skills
Data Analysis
Excel/Numbers/Sheets
Connection
Connection
Connection
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Requirements
  • Experience gained within the insurance industry and good knowledge of package underwriting business
  • Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
  • Intermediate level understanding of relevant software, including Excel and other departmental software packages
  • Good knowledge of legal and regulatory requirements
  • The ability to influence actions and attitudes of others through leading by example
  • Ability to analyse data and use for decision-making
Responsibilities
  • Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives
  • Build and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence
  • Develop relationships in line with the Business Plan to support the achievement of business objectives
  • Understand and comply with QBE reinsurance strategy to minimise risk and deliver business plan objectives
  • Participate fully and use your expertise to shape and develop strategy, knowledge and best practice
  • Positively promote the department, division and company as a whole, in order to maximise brand leverage
  • Comply with all legal and regulatory requirements to ensure obligations are met
  • Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency
  • Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
  • Ensure clear and prompt communication to UA’s in relation to Underwriting and aggregate exposures ensuring entries on EO systems are accurate

QBE Insurance provides a range of insurance and reinsurance products to individuals and businesses around the world. Their offerings include commercial, personal, and specialty insurance, as well as risk management solutions. QBE's products work by assessing the risks faced by clients and providing tailored coverage options to protect against potential losses. What sets QBE apart from its competitors is its extensive global presence, with operations in 26 countries and a workforce of over 13,000 employees, allowing them to leverage local expertise and insights. The company's goal is to help clients manage risks effectively, build resilience, and adapt to changes in their environments.

Company Size

N/A

Company Stage

N/A

Total Funding

$116.8M

Headquarters

Sydney, Australia

Founded

1886

Simplify Jobs

Simplify's Take

What believers are saying

  • Digital transformation boosts QBE's operational efficiency and customer experience.
  • Parametric insurance products offer QBE opportunities for faster payouts and new customer acquisition.
  • Embedded insurance creates new distribution channels for QBE to expand its market reach.

What critics are saying

  • Increased competition in transactional liability may lead to pricing pressures for QBE.
  • Underinsurance among Singapore SMEs could strain QBE financially if not addressed.
  • Tech investments like Converge may not yield expected returns, posing financial risks.

What makes QBE Insurance unique

  • QBE's investment in AI startups like Lazarus AI enhances its tech-driven insurance solutions.
  • The appointment of Claire Lill strengthens QBE's US Casualty portfolio management.
  • QBE's focus on ESG factors aligns with emerging sustainability trends in insurance.

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Benefits

Hybrid Work Options

Wellness Program

Parental Leave

401(k) Company Match

401(k) Retirement Plan

Disability Insurance

Employee Discounts

Company News

Reinsurance News
May 2nd, 2025
Alec Raeside joins QBE's transactional liability team as Underwriter

Alec Raeside joins QBE's transactional liability team as Underwriter.

SME Asia
Mar 19th, 2025
'Singapore SMEs Remain Underinsured Amid Rising Business Risks'

QBE Insurance has released the second set of findings from its annual QBE Singapore SME Survey, shedding light on the perspectives of 600 business decision-makers regarding key risks and opportunities.

Coverage
Mar 14th, 2025
QBE Ventures invests in Converge

This aligns with Mitsui Sumitomo Insurance’s investment in Coalition.

PR Newswire
Jan 27th, 2025
QBE North America Appoints Lauren Finnis as Senior Vice President of Distribution

Finnis joins QBE from Willis Towers Watson, where she served as Head of Commercial Lines in their insurance consulting and technology practice.

Insurance Business Magazine
Dec 4th, 2024
QBE names new leader for US Casualty

QBE Insurance Group has appointed Claire Lill as the portfolio manager for US Casualty within its International Markets division, tasking her with leading and enhancing the company's US Casualty portfolio.

INACTIVE