Underwriter - Medical Malpractice

Award's Qbe; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance company in London seeks an Underwriter for their Medical Malpractice team. This role involves underwriting business across a global portfolio, managing relationships with clients and brokers, and ensuring compliance with strategies. The ideal candidate should have experience in medical malpractice and strong negotiation skills. This position offers a flexible work environment and competitive benefits.

Benefits

30 days holiday per year

Flexible working options

Pension plan with employer contributions

Private medical insurance

Family friendly policies

Remote work abroad options

Cycle-to-Work scheme

Qualifications

• Experience within the medical malpractice space, preferably with some international exposure.
• Thorough knowledge of the market and wider financial lines space.
• Experience in handling major client insurance programmes.

Responsibilities

• Underwrite insurance risks in accordance with the Business Plan.
• Build and maintain strong relationships with stakeholders.
• Understand and comply with QBE reinsurance strategy.

Skills

Underwriting skills

Negotiation skills

Interpersonal skills

Organizational skills

Job description

Underwriter - Medical Malpractice

Location: London, Greater London, UK, EC2V 8

Job Type: Full time, Employee

Contract: 6 months fixed term contract

Job Description

Following continuous and sustained growth, we have a newly created position for an Underwriter to join our Medical Malpractice team. This role will focus on underwriting new and existing business across our global MedMal portfolio, a book with a broad appetite with the ability to write on syndicate and company page. Including some binders and facilities business, this role will provide you with a broad exposure across our book.

Surrounded by supportive colleagues, our market-facing underwriters own their own book of business with exposure across complex and technical risks. We empower our underwriters to use their subject matter expertise and experience, with referrals required only where necessary.

Your New Role

• Underwrite insurance risks in accordance with the Business Plan and the personal authority to meet business objectives.
• Build and maintain strong relationships with stakeholders including customers, brokers, business partners, and colleagues, to maximise influence.
• Develop relationships in line with the Business Plan to support the achievement of business objectives.
• Understand and comply with QBE reinsurance strategy to minimise risk and deliver business plan objectives.
• Participate fully and use your expertise to shape and develop strategy, knowledge, and best practice.
• Positively promote the department, division, and company as a whole, in order to maximise brand leverage.
• 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.

About You

• Experience within the medical malpractice space, preferably with some international exposure.
• Thorough knowledge of the market and wider financial lines space.
• Experience in handling major client insurance programmes.
• Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders.
• Excellent organisational, prioritisation, and interpersonal skills.
• Good negotiating skills, innovative in underwriting approach and programme design.

Why QBE?

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.

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.

With 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.

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 with the option to buy up to 2 additional days.
• Flexible working - balancing work and life is important so our flexible working opportunities are open to all, this can include part-time, job share, and compressed hours.
• Pension - you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
• Private medical insurance - we fund fully comprehensive private medical cover for you and all the family.
• Family friendly policies - we offer 26 weeks leave at full pay regardless of gender identity, sexual orientation, or how you become a parent.
• Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
• Sustainable investing - we believe sustainable integration is important for long term financial, environmental, and social outcomes.
• Cycle-to-Work - benefit from regular exercise whilst making your commute greener and cheaper, select a bike and/or accessories up to the value of £5,000.

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: Network Management of the Year
• Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer
• UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
• Working Dads Employer Awards 2023 Winner: Parental Policies Award
• Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee

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.