Full-Time

Underwriting Assistant

Posted on 5/7/2025

QBE Insurance

QBE Insurance

International insurance and risk management

No salary listed

Entry, Junior

Madrid, Spain

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Excel/Numbers/Sheets
Requirements
  • Previous experience in underwriting assistant role
  • Good organisation skills with the ability to work to deadlines
  • A team player with great communication skills
  • Commercially aware
  • Working knowledge of Microsoft Word, Excel and Access
  • Flexible approach and ability to recognise and adapt to changing business requirements
  • Accuracy and attention to detail.
Responsibilities
  • Awareness and understanding of the annual business plan for the respective business unit
  • Comply with all legal and regulatory requirements to ensure obligations are met
  • Adhere to underwriting standards and good practice to minimize risk and maximize efficiency in line with process control time frames
  • Contribute to recording and measurement of insurance risks to ensure accuracy, good practice and adherence to relevant performance standards (as prescribed by quality review process)
  • Develop and maintain effective working relationships with internal and external stakeholders, including colleagues, extended service team, customers and brokers to be able to work collaboratively and effectively
  • Ensure accurate underwriting data is captured on systems to minimize risk and ensure high quality output of information
  • Prepare documents to ensure that appropriate records are established and accuracy of records is maintained
  • Conduct research and prepare reports and back up information to support the team to assist the business planning process
  • Assist with the production of management information statistics and reports to support the business planning process
  • Support underwriting through general administration to ensure delivery of a professional service
  • Work collaboratively with colleagues to deliver superior service standards as part of the extended service team
Desired Qualifications
  • Basic understanding of class specific underwriting knowledge
  • Strong understanding of defined process standards
  • Experience in insurance environment.

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

$214M

Headquarters

Sydney, Australia

Founded

1886

Simplify Jobs

Simplify's Take

What believers are saying

  • AI integration in underwriting can reduce costs and improve customer satisfaction for QBE.
  • Rising demand for cyber insurance presents growth opportunities for QBE's product offerings.
  • Personalized insurance products enhance customer engagement and retention for QBE.

What critics are saying

  • Increased competition from AI-driven platforms like Snorkel AI threatens QBE's market share.
  • Underinsurance of SMEs in Singapore could lead to potential revenue losses for QBE.
  • Tech investments expose QBE to volatility and rapid changes in the technology sector.

What makes QBE Insurance unique

  • QBE's strategic investments in AI startups like Lazarus AI enhance its tech-driven insurance solutions.
  • The appointment of Claire Lill as US Casualty leader strengthens QBE's international market presence.
  • QBE's focus on parametric insurance offers faster payouts and reduced administrative costs.

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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
Jun 3rd, 2025
Harris to succeed Duclos as Chair of QBE Capital

QBE Insurance has appointed Christopher Harris as Chair of QBE Capital, effective 9 May 2025.

Business Wire
May 30th, 2025
Snorkel AI Announces $100 Million Series D and Expanded Platform to Power Next Phase of AI with Expert Data

Today, Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Exper...

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.

INACTIVE