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Assistant Underwriter - Specialty

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Primary DetailsTime Type: Full time Worker Type: Employee Assistant Underwriter - Marine Cargo The opportunity Following sustained, continued growth within our book we have a newly created role for an Assistant Underwriter to join our successful Marine Cargo underwriting team. With a broad, global coverage underwriting risks across syndicate and multinational businessthis role will providing underwriting support, specifically across multinational, DUA and reinsurance. Your new role

  • Gain exposure to the annual business plan for the portfolio and understand its context to be able to assist with decisions appropriately.
  • Be responsible for supporting our multinational cargo proposition, including calculating/negotiating premium and tax allocations; liaising with the MCC to ensure local policies are issued accurately and on time; providing excellent service to clients andbrokers regarding local premium payments and ad hoc queries; checking Facultative Reinsurance capacity is approved QBE security prior to binding and where required, seeking prior approval from the RI team.
  • Support the team in purchasing Facultative Reinsurance (Multinational and Open Market), ensuring compliance with QBE requirements, fac premiums are paid on time, claim recoveries made and any profit commission calculations are completed and settled.
  • Develop relationships in line with the business plan to support the achievement of business objectives.
  • Make entries, as required, properly and promptly on EO systems to ensure accuracy of data, in relation to: | Underwriting | Aggregate exposures.
  • Manage DUAs in line with QBE DUA reporting requirements, in addition to liaising with the DUA team ahead of renewals/new business opportunities.
  • Participate in meetings, as required, to support the development of strategy, share knowledge and best practice.
About you
  • Experience within the insurance industry, preferably Marine and/or multinational
  • Intermediate level understanding of relevant software including Excel and other departmental software packages
  • Excellent interpersonal, communication and negotiation skills.
  • Capability to analyse and use data for decision making and demonstrate financial acumen
  • Good team player with the ability to work collaboratively and develop strong working relationships
  • Flexible approach and ability to recognise and adapt to changing business requirements
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 dependingon 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 - becausewe know its not just what we do that matters, its how we do it that makes the difference. 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 todaysworkforce. 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. 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 enablesbetter decision making, improves the quality of our delivery and helps us to meet the needs of our customers." About QBE QBEs European Operations, which accounts for over 27% of QBE Group turnover, is a leading specialist in London market and European commercial lines business. Active in both the Lloyds and company market, QBE offers considerable diversity to the broking community.We are a socially responsible company and give our customers the ability to invest a portion of their premiums in environmentally and socially beneficial projects. 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 " 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 enablesbetter decision making, improves the quality of our delivery and helps us to meet the needs of our customers. " 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.

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