Underwriter - Transactional Liability​/W&I

Primary Details

Time Type:
Full time Worker Type:
Employee

• London, with hybrid working
• Enhance your career in an exciting and ever-changing environment

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.

QBE’s European Operations Transactional Liability team is recognised for its strong, hands‑on experience in Warranty & Indemnity (W&I). Our superior products and services minimise risk, allowing for efforts to be focused on more critical responsibilities, like securing the deal.

In this role, you’ll be responsible for day‑to‑day tasks such as evaluating broker submissions, preparing quotes, and assisting the team with underwriting a broad spectrum of W&I risks.

At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch.

We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.

• 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

• Previous Underwriting experience in Transactional Liability / W&I
• 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

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

As well as the benefits below we also offer an extensive choice of other options to suit you!

• 30 days holiday a yearwith theoptionto buy up to 2additionaldays.
• 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.

We value our employee’s experience with us and are proud to have been recognised for the following awards:

• Winner:
  Commercial Lines Insurer of the Year, Winner:
  Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner:
  Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance

Business Management, Collaboration Tools, Commercial Acumen, Communication, Critical Thinking, Decision Making, Detail-Oriented, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Development, Portfolio Management, Regulatory Compliance, Risk Management, Stakeholder Management

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.