Assistant Underwriter – Renewable Energy and Power
Location: GBR - London
Time Type: Full time
Posted on: Posted 8 Days Ago
Primary Details
We currently have an opportunity for an Assistant Underwriter within our Natural Resources team.
This is a great opportunity to join a team with long-standing, successful client relationships and define your career within Renewable Energy and Power underwriting. Surrounded by supportive, experienced colleagues, this market-facing role will provide full exposure across the underwriting lifecycle.
Your new role
* Follow the annual business plan for the portfolio and its context to be able to make decisions appropriately.
* Contribute to the planning process through research and project work.
* Participate in meetings to support the development of strategy, share knowledge and best practice.
* 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.
* Apply the reinsurance programme to minimize the susceptibility to unknown risks.
* 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, and contributing to the business plan and objectives.
About you
* Previous experience in an Underwriting support role within the renewable energy and Power product line.
* Keen to take the next step in your career in terms of underwriting authority.
* Good technical, analytical skills with the ability to interpret data and identify trends.
* Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders.
* 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.
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.
QBE Awards
Some of the awards QBE is proud to have won 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 and 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.
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.
Skills:
Adaptability, Administration Management, Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Customer Value Management, Financial Modeling, Insurance Underwriting, Intentional collaboration, Managing performance, Presenting with Impact, Risk Management, Stakeholder 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.
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