Primary Details

Time Type: Full time Worker Type: Employee Underwriter – Transactional LiabilityFenchurch Street, London

QBE’s European Operations Transactional Liability team has significant Mergers & Acquisitions (M&A) experience and works alongside our accomplished North American team to provide a truly global service. Our superior products and services minimise risk, allowing for efforts to be focused on more critical responsibilities — like securing the deal.

The Opportunity

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.

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 M&A risks.

This is an ideal opportunity for anyone looking to establish a career in either the legal, finance or the insurance sector.

Your New Role

• 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

About you:

• Previous experience in the Insurance industry or in a relevant role (such as Law/Legal)
• 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

Why QBE? 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.?? 

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.?? 

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 (https://careers/flex-qbe/).? 

With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.??