Accident & Health Underwriter, Reinsurance

Primary Details

The Opportunity:  

We are looking for an Underwriter to join our Accident & Health team at QBE Re in London. This is an exciting opportunity to support the growth of this diverse portfolio which includes Treaty, Direct & Facultative, Sports and International Medical Expenses.

With hybrid working and excellent benefits you will be working alongside colleagues in a supportive and inclusive environment. We are looking for an insurance professional who is looking to either transfer into, or further their career in reinsurance.

Your new role:

• Be aware of the annual business plan for the portfolio and its context to be able to make decisions appropriately.
• Negotiating rates, terms and conditions for existing and new business managing production and issue of contract certainty documentation ensuring compliance with internal and external regulations and guidelines.
• 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
• Develop and maintain strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives.

• Participate in the review and analysis of  the portfolio to identify progress toward business objectives
• Including management of DUA Binder activity, primary and excess layers and contribute to the aggregate management and peer review processes to encourage and develop excellence

About you:

• Understanding of class specific underwriting and awareness of reinsurance programme specifically within Personal Accident
• Excellent communication skills with the ability to build rapport and manage external stakeholder relationships
• knowledge and Expected Profitability Analysis (EPA)
• Understanding of relevant market conditions
• Good technical knowledge across Microsoft office, specifically Excel with a high level of comfort working with large data-sets, pivot tables and v-look-ups
• Strong organisational and prioritisation skills
• Good knowledge of legal and regulatory requirements (specific reference to FSA/Lloyds regulation)

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 - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.  In addition to this, we also offer flexible parental leave for both parents and have several employee network groups that support and empower our diverse workforce.

At QBE, we view our people as our most precious asset. We understand the importance of fostering a work environment that is responsive to the changing needs of today's workforce. 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/).

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

5-star Diversity, Equity and inclusion (DEI) awards, 2023 Winner - Insurance Business Canada

Employer of the Year 2022Winner – Insurance Insider

British Claims Awards 2022 Winner - InsurTech Award 

Insurance Times Claims Excellence Awards 2022 Winner - Claims Product Solution of the Year 

Working Families Best Practice Awards 2021 Finalist for: Best COVID-19 Response  

Insurance Post British Insurance Awards 2022 Shortlisted for: Best Customer Care, Diversity & Inclusion Initiative of the Year 2022, Specialist Insurer of the Year (for Construction), General Insurer of the Year 

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

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 know that diversity of thought, background and experience enables better decision making, improves the quality of our delivery and helps us to meet the needs of our customers. 

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 (Link).