Underwriting Analyst

QBE Insurance Group; Stafford; Hybrid; GBP 35,000 - 50,000; Full time

Job summary

A leading insurance group is seeking an Underwriting Analyst to join their hybrid working team in Stafford. This role involves analyzing motor e-trade products, collaborating with underwriters, and providing data insights to improve underwriting processes. Ideal candidates will have experience in general insurance and strong analytical skills.

Benefits

30 days holiday a year

Flexible working opportunities

Pension plan with employer contributions

Private medical insurance

26 weeks leave at full pay regardless of gender identity

Short term remote work abroad

Sustainable investing options

Cycle-to-Work scheme

Qualifications

• Demonstrable experience in the general insurance market, preferably in motor/e-trade.
• Proven ability to analyse complex data sets and present insights to stakeholders.
• Strong problem-solving skills and advanced proficiency in Excel.

Responsibilities

• Work closely with the Underwriting Manager to monitor product performance against KPIs.
• Conduct segmental analysis to identify performance drivers and opportunities.
• Collaborate with cross-functional teams to implement data-driven solutions.

Skills

Data Analysis

Analytical Thinking

Problem Solving

Critical Thinking

Education

Experience in general insurance

Familiarity with the motor line of business

Tools

Microsoft Excel

SQL

Python

Power BI

Visual Basic

Job description

Primary Details

Time Type: Full timeWorker Type: Employee

Underwriting Analyst

Stafford with hybrid working

We currently have an exciting opportunity to join our newly created Digital E-trade Motor Underwriting team as an Underwriting Analyst.

This role will take responsibility for monitoring, reviewing and proposing amendments to commercial motor e-trade products to maximise the underwriting of new and existing business in accordance with our business plans and objectives.

The role will partner closely with our Underwriters and cross departmentally and will focus on providing MI, Data and performance analysis support for decision making and process improvement reviews.

Your new role

• Work closely with the Underwriting Manager and existing Portfolio Underwriter/Analysts, taking responsibility for product performance against KPI’s and business plan

• Undertaking segmental analysis to understand the drivers of performance and to highlight areas of opportunity and threat within each product

• Be familiar with the annual business plan for the portfolio and its context to be able to make appropriate decisions

• Collaborate effectively with a range of colleagues to obtain data, agree approaches, explain conclusions, make feasible recommendations

• Work with our e-trade development team to implement agreed solutions

• Using data manipulation tools to develop new insights into the SME portfolio and share this with the wider business via dashboards or ad-hoc reports

• Meet with external partners to discuss performance of accounts

• Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency

About you

• Demonstrable experience in the general insurance market, with a strong preference for expertise in the motor line of business and/or e-trade environment.

• Proven ability to analyse complex data sets and effectively present insights to senior stakeholders.

• Strong problem-solving and quantitative skills, with advanced proficiency in Microsoft Excel.

• Working knowledge of programming languages and analytical tools including SQL, Python, R, Power BI, and Visual Basic would be advantageous.

• Excellent communication skills, with the ability to influence and persuade stakeholders at all levels, both directly and indirectly.

• Collaborative approach to stakeholder engagement, with the ability to integrate diverse business perspectives.

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://qbeeurope.com/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.

To find out more about why you should work for QBE, visit our 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. FOR UK ONLY: 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. Our pension strategy supports our net-zero goal to achieve year-on-year reductions in carbon footprint, by investing more in green businesses than the broader market, so your savings are looking after the planet's future, as well as your own.
• Cycle-to-Work – benefit from regular exercise whilst making your commute greener and cheaper, select and bike and/or accessories up to the value of £5,000.

To find out more visit our Reward Page

QBE Awards

Some of the award’s 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

You can view all our awards here

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 are proud to have partnerships with organisations such as Stonewall and Working Families, and our commitment to the Women in Finance Charter, the UN Women’s Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our 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 QBE’s 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?If you have a passion to contribute to QBE’s vision of enabling a more resilient future for our customers and the community, we encourage you to apply! Simply click the “apply” button to submit your CV and other relevant documents, and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.

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

APPLY NOW and let’s make it happen!

Skills:

Adaptability, Analytical Thinking, Business Process Analysis, Critical Thinking, Customer Service, Data Analysis, Detail-Oriented, Intentional collaboration, Managing performance, Prioritization, Problem Solving, Report Writing, Risk Management, Standards Compliance, Trend Analysis

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.

About Us

We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 27 countries around the world.