Construction Senior Underwriter

Location: Via Milano

Construction Senior Underwriter (m / f)
Primary Details
Time Type:
Full time
Worker Type:
Employee
At QBE our purpose is to enable a more resilient future.
Are you passionate about working for one of the world’s largest insurers that offers excellent opportunities to grow your career and with offices in 27 countries
Leveraging our deep expertise and insights QBE offers commercial personal and specialty products and risk management solutions to help people and businesses manage risks. Today we employ more than 11600 people around the world.
QBE Europe SA / NV is headquartered in Brussel and while we are international in our outlook we are also proudly local in our operations with our Italy office in Milan. QBE’s 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.
With our comprehensive product offering and underwriting expertise we are able to cover a wide range of business risks helping our clients to identify them and minimise their exposure.
If you are looking for to be part of a successful organisation with strong growth ambitions then read on.
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 of contract 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
Motivate and coach team members to ensure the relevant knowledge and expertise are shared for their continuing personal and professional development

About you

3 years of Underwriting experience with a focus in Construction
Knowledge of the CAR / EAR / ALOP / IDI policies and the reference legislation
Knowledge of the main pricing tools used by the insurance / reinsurance market
Excellent negotiation management skills (both client & broker)
Strong analytical, organizational and prioritization skills
Ability to analyse data and use for decision making
Strong attention to detail and relevant problem solving
Understanding of relevant insurance market conditions
Business fluent…