Senior Underwriter

Primary Details

Time Type: Full time

Worker Type: Employee

To provide underwriting, technical support, assist in the development and management of a profitable business portfolio under the specified insurance class according to the Company’s guidelines and delegated authorities.

Primary Responsibilities
- Strategy and Planning
- Contribute to the achievement of operational objectives for the underwriting function and/or business unit.
- Participate in meetings, as required, to support the development of strategy, share knowledge and best practice.
- Positively promote the department, division and company as a whole in order to maximize brand leverage.
- Policy, Process and Procedures
- Underwrite new and existing policies in accordance with organizational policy, underwriting standards and regulatory/legal requirements.
- Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
- Monitor and review underwriting standards procedures and checklists.
- Ensure all documentation is accurate and complies with organizational guidelines.
- Contribute to continuous quality improvement processes.
- Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives.
- Environmental Awareness/Customer Focus
- Establish, strengthen and develop relationships with customers, brokers, reinsured, 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.
- Provide a timely and professional level of service to customers and intermediaries.
- Deliver timely decisions and problem solving solutions for customers and intermediaries.
- Learn about new products and understand commission structures for each, in order to enhance relationships with intermediaries and reinsured.
- Technical Performance
- Maintain expertise and knowledge through identifying appropriate learning and development activities.
- Evaluate risk for new business in accordance with standards, to ensure profitable growth.
- Participate in the review and analysis of the portfolio to identify progress toward business objectives.
- Identify new business opportunities and self-insurance prospects.
- Accurately indicate trends by class of business and business unit.
- Establish appropriate measurement techniques and reporting systems.
- Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines.
- People Management
- May assist with coaching/mentoring Junior Underwriters.

Preferred Competencies/Skills
- Negotiation and problem-solving skills.
- Relationship management and communication skills.
- Analytical and research skills.

Preferred Education Specifics
- Relevant tertiary qualifications, specialist qualifications or equivalent.

Preferred Experience
- 7+years of underwriting experience.
- Some established customer/broker/agent/ reinsured. relationships.

Preferred Knowledge
- Good insurance industry knowledge.
- Understanding of relevant market conditions.

QBE Cultural DNA
- Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) - because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:

- We are customer-focused
- We are technical experts
- We are inclusive
- We are fast-paced
- We are courageous
- We are accountable
- We are a team

US Only - Disclaimer
- To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Global Disclaimer
- The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee’s normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

How to Apply:
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.