Underwriter, Employees Compensation

QBE Insurance; Hong Kong; Hybrid; HKD 800,000 - 1,100,000; Full time

Benefits offered by this job

Hybrid Working

Life Leave

Wellbeing coaching

Job summary

QBE Insurance in Hong Kong seeks an experienced underwriter to manage Employee Compensation and Liability business, ensuring profitability and regulatory compliance. You will build strong broker relationships, assess risks, and contribute to the portfolio strategy through pricing and terms compliance.

You will work with cross-functional partners to deliver high-quality underwriting service, while staying informed on market dynamics and emerging risks impacting Financial Lines.

Qualifications

• Relevant experience in EC or Liability underwriting or a related insurance discipline.
• Strong understanding of underwriting principles, risk assessment, pricing considerations and policy terms relevant to Financial Lines.
• Established relationships with brokers, intermediaries or corporate clients would be highly regarded.
• Strong awareness of market conditions, emerging risks and regulatory considerations affecting the business.

Responsibilities

• Underwrite Employee Compensation (EC) and Liability business in accordance with the approved business plan, underwriting standards, delegated underwriting authority, and all applicable legal and regulatory requirements.
• Assess new business and renewal risks, including pricing, terms and conditions, to support profitable and sustainable portfolio growth.
• Manage and develop strong relationships with brokers, intermediaries, business partners, customers and internal stakeholders to deliver high-quality underwriting service and support business objectives.
• Contribute to the development and delivery of the portfolio plan, including renewal retention, new business opportunities and overall portfolio performance.
• Maintain a strong understanding of market dynamics, competitor activity, emerging risks and product developments.
• Apply sound underwriting judgement, risk assessment techniques, pricing tools and portfolio insights to support consistent decision-making.
• Ensure all underwriting activities are completed in line with QBE policies, governance requirements, underwriting authorities, internal controls and audit expectations.
• Maintain accurate underwriting records, documentation and reporting to support transparency, compliance and effective portfolio management.
• Participate in relevant meetings and contribute to the sharing of technical knowledge, best practice and market insights across the team.

Skills

Analytical Thinking

Collaboration Tools

Communication

Critical Thinking

Decision Making

Financial Advising

Financial Products

Insurance Underwriting

Intentional collaboration

Managing performance

Policy Management

Portfolio Management

Problem Solving

Risk Management

Stakeholder Management

Tools

Microsoft Excel

Job description

Primary Details

Time Type: Full timeWorker Type: EmployeeThe purpose of this role is to underwrite new business and renewals within specified guidelines and authority levels, while providing technical support and overseeing profitable growth within the insurance class. Additionally, the role involves managing underwriting activities and P&L responsibility for corporate products, as well as fostering relationships with intermediaries and business partners to drive underwriting service delivery and innovation.

Role Highlights

• Hong Kong, Hybrid working arrangement and permanent role
• Happy to talk flexible working

The Opportunity

Are you ready to use your underwriting expertise to shape sustainable growth and make a meaningful impact for customers, partners and the wider business? In this role, you will help assess and manage Employee Compensation (EC) and Liability risks, build trusted broker relationships and contribute to a portfolio that supports QBE’s ambition to be a consistent and innovative risk partner.

About QBE

At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch.

We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner.

What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.

Your New Role

• Underwrite Employee Compensation (EC) and Liability business in accordance with the approved business plan, underwriting standards, delegated underwriting authority, and all applicable legal and regulatory requirements
• Assess new business and renewal risks, including pricing, terms and conditions, to support profitable and sustainable portfolio growth
• Manage and develop strong relationships with brokers, intermediaries, business partners, customers and internal stakeholders to deliver high-quality underwriting service and support business objectives
• Contribute to the development and delivery of the portfolio plan, including renewal retention, new business opportunities and overall portfolio performance
• Maintain a strong understanding of market dynamics, competitor activity, emerging risks and product developments
• Apply sound underwriting judgement, risk assessment techniques, pricing tools and portfolio insights to support consistent decision-making
• Ensure all underwriting activities are completed in line with QBE policies, governance requirements, underwriting authorities, internal controls and audit expectations
• Maintain accurate underwriting records, documentation and reporting to support transparency, compliance and effective portfolio management
• Participate in relevant meetings and contribute to the sharing of technical knowledge, best practice and market insights across the team

About You

• Relevant experience in EC or Liability underwriting or a related insurance discipline
• Sound understanding of underwriting principles, risk assessment, pricing considerations and policy terms relevant to Financial Lines
• Established relationships with brokers, intermediaries or corporate clients would be highly regarded
• Strong awareness of market conditions, emerging risks and regulatory considerations affecting the business
• Strong analytical, numerical, communication, negotiation and relationship management skills
• Ability to use underwriting systems, pricing tools and data insights to support informed decision-making
• Good working knowledge of Microsoft Excel and other relevant underwriting or business systems

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

• ‘Hybrid Working’ – a mix of working from home and in the office to enhance your work/life balance
• Life Leave, supporting the life events we all experience, leaving your annual leave for rest
• Free holistic wellbeing coaching, nutritional, confidential counselling, financial and legal advice

Awards & Recognition

We value our employee’s experience with us and are proud to have been recognised for the following awards:

• Qorus Reinvention Awards APAC 2025: Gold winner in the ESG category
• Digital Insurance Awards APAC: Digital Insurance - Insurer Leader 2025
• HKB Technology Excellence Awards: Automation - Insurance

Skills:

Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Decision Making, Financial Advising, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Management, Portfolio Management, Problem Solving, Risk Management, Stakeholder Management

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.