Primary Details

Time Type: Full time Worker Type: Employee Responsible for underwriting activities and P&L responsibility of the various products (i.e. Property and Engineering products, etc.) and managing a team of product specialists that support all channels (agency, direct, local brokers and MTP).

Responsibilities:

• Responsible for underwriting activities and P&L responsibility of the various products (Property and Engineering products, etc.)
• Responsible for managing a team of product specialists that support all channels (agency, direct, local brokers and MTP).
• Responsible for managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.
• Responsible for managing overall business relationship with MTPs and brokers in the area of GWP growth.
• Ensure the ongoing technical development of underwriters in line with staff development plans and ideal DAL state.
• Ensure the team’s awareness of the business plan and it’s context, to be able to make decisions appropriately.
• Apply the reinsurance strategy in order to safeguard the portfolio.
• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
• Provide technical expert support to the identification of issues and opportunities within area of Expertise.
• Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance.
• Assist in managing resources across the team to ensure business requirements are achieved.
• Positively promote the department, division and company as a whole, in order to maximize brand leverage.
• Contribute to the development of the team’s business plan in order to maximize productivity and performance.
• Underwrite complex insurance risks in accordance with the business plan and the personal authority to meet business objectives, including Negotiating rates, terms and conditions for existing and new business; compliance of production and issue of contract certainty documentation ensuring compliance with internal and external regulations and guidelines ensuring contribution to the business plan and objectives, and support credit control in payment collection.
• Act as a role model and demonstrate good leadership behaviors.
• Support the divisional underwriting function to actively manage talent (attract, recruit, develop and retain) to build people capability for the future (succession planning).
• Key Performance Indicator: Growth & Profitability - GWP including Renewal and New Business vs. Plan, GWP per Underwriter, NCOR % and UW profit for Corporate channel, Renewal retention rate and New Business pipeline in Salesforce, APTP / Rate Adequacy.
• Key Performance Indicator: MTP and Broker Servicing & Satisfaction - Broker survey results.
• Key Performance Indicator: Achieve overall local underwriting governance requirement and internal audit, Cell reviews completed timely each month, required actions identified and monitored until complete, Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management.

Requirement:

• Relevant tertiary qualifications, specialist qualifications or equivalent
• 10+ years of underwriting experience
• Negotiation and problem-solving skills.
• Relationship management and communication skills.
• Analytical and research skills.
• Excellent interpersonal and communication skills.
• Ability to analyze data use for decision-making .
• Broad insurance industry knowledge.
• Excellent understanding of class specific underwriting and development reinsurance knowledge
  

Skills:

Analytical Thinking, Communication, Critical Thinking, Customer Value Management, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Policy Development, Portfolio Management, Problem Solving, Risk Management, Strategic Leadership, Waterfall Project Management Application Close Date: 27/02/2025 11:59 PM

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.