Assistant Underwriter - Transactional Liability
Assistant Underwriter - Transactional Liability
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Job Description
Primary Details
Time Type: Full timeWorker Type: EmployeeUnderwriter Transactional Liability
Fenchurch Street London with hybrid working
QBEs European Operations Transactional Liability team has significant Mergers & Acquisitions (M&A) experience and works alongside our accomplished North American team to provide a truly global service. Our superior products and services minimise risk allowing for efforts to be focused on more critical responsibilities like securing the deal.
The Opportunity
We have an exciting opportunity for an Underwriter to join our Transactional Liability team based in our London office with flexibility for some remote work.
In this role youll be responsible for day-to-day tasks such as evaluating broker submissions preparing quotes and assisting the team with underwriting a broad spectrum of M&A risks.
This is an ideal opportunity for anyone looking to establish a career in either the legal finance or the insurance sector.
Your New Role
- Underwrite business in accordance with the business plan and within our UK and European business.
- 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 and develop 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 to meet business objectives including negotiating rates terms and conditions for existing and new business ensuring production and issue of contract certainty documentation and supporting credit control in payment collection.
- Support the review and analysis of the portfolio to identify progress towards business objectives
About you:
- Previous experience in the Insurance industry or in a relevant role (such as Law/Legal)
- Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
- Good knowledge of legal and regulatory requirements
- Excellent organisational prioritisation and interpersonal skills
- Good negotiating skills innovative in underwriting approach and programme design
- Use of risk profiling and pricing tools and loss models
Why QBE At My Best
At QBE we want our people to feel rewarded and inspired to perform at their best thats why we have created At My Best. Its our connection our way of showing we have your back. We understand that one size doesnt 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. Its in the culture of our business our QBE DNA to support our people. Everything we do is underpinned by our QBE DNA.
Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner but at QBE were 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 ( more than more than 13000 people working across 27 countries were 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. FOR UK ONLY: 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 planets 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 5000.
To find out more visit ourReward Page
QBE Awards
Some of the awards 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 and Working Families and our commitment to the Women in Finance Charter the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page
Accessibility
Here at QBE we are promoting an accessible workplace for all which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations please make your Talent Acquisition contact aware.
ESG & Sustainability
At QBE we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy enabling a sustainable and resilient workforce and partnering for growth through innovative sustainable and impactful solutions. For further information regarding QBEs sustainability targets including our net-zero pledges and inclusion of diversity targets and our award-winning impact investment initiative Premiums4Good please visit our Sustainability homepage and read our latest Sustainability Report
What nextIf you have a passion to contribute to QBEs vision of enabling a more resilient future for our customers and the community we encourage you to apply! Simply click the apply button to submit your CV and other relevant documents and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.
We believe this is our moment what if it was yours too
APPLY NOW and lets make it happen!
Skills:
Adaptability Analytical Thinking Collaboration Tools Communication Critical Thinking Customer Value Management Data Management Insurance Underwriting Intentional collaboration Managing performance Policy Development Regulatory Compliance Risk ManagementHow 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.
Employment Type
Full-Time
