Liability Underwriter

Job Description

Primary DetailsTime Type: Full time Worker Type: Employee Liability UnderwriterPermanent (Hybrid) Glasgow The Opportunity QBE Europe is looking to recruit a Liability and commercial underwriter to join our established and well-respected underwriting team in Glasgow. In position you will be recruited to underwrite business, both new and existing, in accordance with the businessplan and within delegated underwriting authority. You will support and work with stakeholders internally and externally. 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 DUAs 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 ofcontract 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 .

About You

• Experience and knowledge in underwriting Liability and commercial Business.
• An understanding of market trends
• A good network of broker contacts
• Good relationship management through interpersonal and communication skills with the ability to influence and negotiate.
• Progress towards CII Qualifications
• Good knowledge of relevant underwriting systems .
• Thorough understanding of class specific underwriting and reinsurance knowledge
• Intermediate level understanding of relevant software, including Excel and other departmental software packages.
• Strong knowledge of legal and regulatory requirements (specific reference to FSA / Lloyds regulation).

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 changedepending 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 - because we know its notjust what we do that matters, its 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 todays workforce. QBE aims to build a workplace that is fair and inclusive because we want to attractand retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation. Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include. Employer of the Year 2022 Winner - Insurance Insider British Claims Awards 2022 Winner - InsurTech Award Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year 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. 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 know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers. About QBE QBE helps businesses build resilience through risk management and insurance. QBE European Operations is part of QBE Insurance Group, one of the worlds leading international insurers and reinsurers and Standard & Poors A+ rated. Listed on the Australian Securities Exchange, QBEs gross written premium for the year ended 31 December 2021 was US$18.5 billion. As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty, and motor to the specialist financial lines, marine and energy. All are ta