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Underwriter - Cyber

Employer
QBE Insurance
Location
London, United Kingdom
Salary
Competitive
Closing date
Mar 24, 2024

View more

Job Function
Insurance
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Primary Details
Time Type: Full time

Worker Type: Employee

Underwriter - Cyber

At a time of growth, investment and excitement we have a newly created Underwriter role to join our Cyber team as part of our wider, successful Financial Lines team. Joining a well-established and growing international boo that covers both Lloyd's and company market business you will work closely with colleagues in this collaborative team to provide Cyber underwriting coverage across a variety industries and territories including UK, Europe, Australia and Canada.

Your role:
•Be aware of the annual business plan for the portfolio and its context to be able to make decisions appropriately:
• Contribute, as required, to the planning process through research and project work
• 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
• Contribute to recording and measurement of insurance risks to ensure accuracy and good practise
• Develop and maintain strong relationships with stakeholders including customers, brokers, including independent brokers, business partners and colleagues, to maximise influence
• Develop a knowledge of market dynamics and market cycles to be able to operate effectively and appropriately
• Meet business objectives, including: negotiating rates, terms and conditions for existing and new business, managing production and issue of contract certainty documentation, ensuring compliance with internal and external regulations and guidelines, ensuring contribution to the business plan and objectives
• Participate in the review and analysis of the portfolio to identify progress toward business objectives
• Contribute to the aggregate management and peer review processes to encourage and develop excellence

About you:
• Previous experience within Cyber, whether underwriting or broking.
• Knowledge of the UK Financial Lines market, whether UK focused or on an International scale
• Clear ability to manage existing client relationships and support with ongoing growth of the book with developing new business.
• Good knowledge of legal and regulatory requirements (specific reference to FCA and/or Lloyd's regulation)
• Clear organisational and prioritisation skills coupled with good analytical and interpersonal skills.
• Use of risk profiling and pricing tools and loss models
• Intermediate level understanding of relevant software, including Excel and other departmental software packages

At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best. That's why we have created At My Best. It's our connection, our way of showing we have your back. We understand that one size doesn't fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It's in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA - because we know it's not just what we do that matters, it's 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 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."

About QBE

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.

Some of the award's 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 enables better 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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