Assistant Underwriter FI

Infuse; London; Hybrid; GBP 30,000 - 50,000; Full time

Job summary

An established industry player is seeking an Assistant Underwriter to join their Financial Institutions team in London. This role offers a unique opportunity to engage in underwriting activities while collaborating with experienced colleagues. You will be responsible for maintaining client relationships, analyzing market dynamics, and ensuring compliance with regulations. With a focus on flexibility and work-life balance, this position provides a supportive environment for professional growth. If you're looking to advance your career in underwriting within a dynamic team, this role could be your next step.

Benefits

30 days holiday a year

Flexible working

Pension

Private medical insurance

Family friendly policies

Short term remote work abroad

Cycle-to-Work

Qualifications

• Experience in Underwriting or support, ideally in Financial Lines.
• Good analytical skills to interpret data and identify trends.
• Intermediate understanding of relevant software.

Responsibilities

• Perform underwriting activities to meet legal and regulatory requirements.
• Maintain relationships with stakeholders to increase market exposure.
• Underwrite insurance risks according to business objectives.

Skills

Adaptability

Commercial Acumen

Communication

Critical Thinking

Customer Service

Decision Making

Insurance Underwriting

Risk Management

Education

Degree in Finance or related field

Tools

Excel

Job description

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We offer a range of options to support your work/life balance, including flexible start and finish times, part-time work, job sharing, 9 day fortnight and flexible leave options.

Only considering candidates eligible to work in London, UK ??

Primary Details

Time Type: Full time

Worker Type: Employee

• Assistant Underwriter FI
  
  

London, with hybrid working**

We currently have an opportunity for an Assistant Underwriter within our FI (Financial Institutions) team.

This is a great opportunity to join a team with long-standing, successful client relationships and define your career within FI underwriting. Surrounded by supportive, experienced colleagues this market-facing role will provide full exposure across the underwriting lifecycle.

Your new role

• 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 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 in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: | negotiating rates, terms and conditions for existing and new business | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collection
• Apply the reinsurance programme to minimize the susceptibility to unknown risks
• Contribute to the planning process through research and project work
• Participate in meetings to support the development of strategy, share knowledge and best practice
  
  

About You

• Experience in Underwriting or Underwriting support, ideally within Financial Lines.
• Good technical, analytical skills with the ability to interpret data and identify trends
• Intermediate level understanding of relevant software including Excel and other departmental software packages
• Team player with the ability to work collaboratively and develop strong working relationships
• Flexible approach and ability to recognise and adapt to changing business requirements
  
  

Why QBE? At My Best

At QBE, we want our people to feel rewarded and inspired to perform at their best, thats why we have created At My Best. Its our connection, our way of showing we have your back. We understand that one size doesnt 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. Its in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.

Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner, but at QBE were 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://qbeeurope.com/careers/flex-qbe/ ).

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

careers website.

At My Best - QBE Benefits

You are more than your work and QBE is more than a workplace, which is why we provide you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. As well as the benefits below we also offer an extensive choice of other options to suit you!

• 30 days holiday a year
• Flexible working
• Pension
• Private medical insurance
• Family friendly policies
• Short term remote work abroad
• Sustainable investing
• Cycle-to-Work
  
  

To find out more visit our Reward Page

QBE Awards

Some of the awards QBE are proud to have won, been a finalist for, and shortlisted for include;

AXCO Global Insurance Awards 2024 Winner

Insurance Business UK 5-Star Cyber Awards 2024:

UK IT Industry Awards 2023 Winner

Working Dads Employer Awards 2023 Winner:

Insurance Post British Insurance Awards 2023

here

Inclusion of Diversity

Careers Page

Accessibility

Here at QBE, we are promoting an accessible workplace for all, which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations, please make your Talent Acquisition contact aware.

ESG & Sustainability

At QBE, we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a net-zero economy, enabling a sustainable and resilient workforce, and partnering for growth through innovative, sustainable, and impactful solutions. For further information regarding QBEs sustainability targets, including our net-zero pledges and inclusion of diversity targets, and our award-winning impact investment initiative Premiums4Good, please visit our Sustainability homepage and read our latest Sustainability Report

What next?

?We believe this is our moment what if it was yours too?

APPLY NOW and lets make it happen!

Skills

Adaptability, Commercial Acumen, Communication, Critical Thinking, Customer Service, Customer Value Management, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Pricing Strategies, Process Improvements, Regulatory Compliance, Risk Management, Strategic Management

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.

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Insurance

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