Construction Senior Underwriter

2 days ago Be among the first 25 applicantsPrimary 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 11,600 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 Lloyd’s 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.Construction Senior Underwriter (m/f)Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisionsApply the reinsurance strategy in order to safeguard the portfolioParticipate in all relevant meetings in order to share and develop strategy, knowledge and best practicePositively promote the department, division and company as a whole in order to maximize brand leveragePerform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are metAdhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiencyEnsure the recording and measurement of insurance risks, (including DUA’s if relevant) to ensure accuracy and good practiceUnderstand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectivesEstablish, strengthen and develop relationships with stakeholders including customers, brokers, business partners and colleagues to maximize influence and achieve business objectivesDemonstrate an understanding and awareness of market dynamics and market cycle to enhance business performanceMaintain expertise and team knowledge through identifying appropriate learning and development activitiesUnderwrite 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 collectionParticipate in the review and analysis of the portfolio to identify progress toward business objectivesEnsure entries are properly and promptly recorded on EO systems to ensure accuracy of data in relation to: | Underwriting | Aggregate exposuresContribute to the aggregate management and peer review processes to encourage and develop excellenceMotivate and coach team members to ensure the relevant knowledge and expertise is shared for their continuing personal and professional development3+ years of Underwriting experience with a focus in ConstructionKnowledge 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 skillsAbility to analyse data and use for decision makingStrong attention to detail and relevant problem solvingUnderstanding of relevant insurance market conditionsBusiness fluent in written and spoken EnglishBritish Claims Awards 2022 Winner – InsurTech AwardInsurance Times Claims Excellence Awards 2022 Winner – Claims Product Solution of the YearWorking Families Best Practice Awards 2021 Finalist for: Best COVID-19 ResponseInsurance 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 YearHow 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.#J-18808-Ljbffr