Underwriter - W&I

W&I Underwriter

(Stockholm or Copenhagen)

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. 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.

Following the successful expansion of our W&I offering into the EO London Market, we are excited to be hiring a further Underwriter to join our Nordics offering as we continue to grow QBE's established presence within this market. Joining a supportive, collaborative team, you will become part of our wider Financial Lines offering.

With the wider portfolio covering the UK and Europe, we have broad appetite across a range of industries, providing in-depth exposure to M&A and the insurance industry in an entrepreneurial setting. Leveraging our extensive pre-existing client broker relationships and W&I knowledge, our dynamic and growing offering is an opportunity in an environment where we empower our underwriters to use their subject matter expertise and experience.

Your responsibilities for this role may include, but are not limited to:

• Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives.
• Build and maintain strong relationships with stakeholders including customers, brokers, business partners, and colleagues, to maximise influence.
• Develop relationships in line with the Business Plan to support the achievement of business objectives.
• Understand and comply with QBE reinsurance strategy to minimise risk and deliver business plan objectives.
• Participate fully and use your expertise to shape and develop strategy, knowledge, and best practice.
• Positively promote the department, division, and company as a whole, in order to maximise brand leverage.
• Comply with all legal and regulatory requirements to ensure obligations are met.
• Adhere to underwriting standards, instructions, and good practice to minimise risk and maximise efficiency.
• Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately.
• Ensure clear and prompt communication to UAs in relation to Underwriting and aggregate exposures ensuring entries on EO systems are accurate.

You will need to be able to display you have the following qualifications and experience:

• Experience working in M&A/W&I.
• Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders.
• Intermediate level understanding of relevant software, including Excel and other departmental software packages.
• Good knowledge of legal and regulatory requirements.
• Excellent organizational, prioritisation, and interpersonal skills.
• Good negotiating skills, innovative in underwriting approach and programme design.
• Use of risk profiling and pricing tools and loss models.

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 today's workforce. 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 enables better decision making, improves the quality of our delivery, and helps us to meet the needs of our customers.

What next?

If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to APPLY NOW 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.

Equal Employment Opportunity:

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