QBE Insurance Group Limited
Lead Treaty Underwriter - Property
QBE Insurance Group Limited, New York, New York, us, 10261
Primary DetailsTime Type: Full time
Worker Type: Employee
The Opportunity
This role will execute underwriting of property treaty business by leading business development and growth activities of assigned portfolio. Apply sound decision-making to underwrite complex business that contributes to a profitable portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned portfolio.
Primary Responsibilities
•Utilize property treaty subject matter expertise to underwrite insurance risks within assigned area of responsibility by analyzing existing and new submissions, reviewing company financials, loss, and exposure history to determine underwriting acceptability
•Utilize subject matter expertise to work with actuarial and CAT modeling in setting pricing for exposures
•Oversee contract wording to review coverage issues and ensure appropriate terms and conditions
•Initiate and maintain product and rating development by communicating with internal business partners to share knowledge of opportunities for new products and business growth
•Collaborate with senior department leaders by sharing specialized knowledge and recommending opportunities for improvement to influence strategy development
•Aggregate and monitor key exposure and metrics and develop reports as required by senior department leaders
•Participate in underwriting audits, client meetings, marketing initiatives, budget planning as requested by senior department leaders
•Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
•Build and maintain relationships with current and potential customers by networking and providing personalized and quality customer service to share and clarify information and maximize company brand
•Promote adherence to the underwriting framework by communicating internal guidelines, regulatory and legal requirements and reinsurance requirements to less experienced underwriters and demonstrating adoption of good practices to ensure compliance and minimize risk
•Optimize department operations by supporting junior underwriters and participating in the review and analysis of the portfolio and participating in internal meetings as required to share and develop strategy, knowledge and best practices
•Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Required Education
•Bachelor's Degree or equivalent combination of education and work experience
Required Experience
•5 years relevant experience
Preferred Competencies/Skills
•Understand market trends and current organizational strategies
•Collaborate with key stakeholders
•Build and maintain professional networks
•Communicate information in a clear, well-organized, and professional manner
•Ability to adjust plans, goals, actions and priorities to meet changing situations
•Ability to analyze statistics and ability to develop and prepare presentations using Microsoft Office products
•Drive for stakeholder success
•Build and capitalize on beneficial internal and external relationships
•Effectively and efficiently present logic, reasoning, and analysis to others
•Win concessions without damaging relationships
•Complete tasks attentively and thoroughly
•Foster and promote collaboration and teamwork
Preferred Experience
•Experience working with underwriting property contracts experience with performing underwriting audits and wrap ups
Preferred Knowledge
•Advanced working knowledge of underwriting department processes and procedures
•Working knowledge of terminology, concepts and principles related to strategic planning
•Events affecting the industry, including understanding of competition and the marketplace
•Principles and processes for providing customer service
•Products and concepts relating to the insurance industry
•Continuous improvement methodology and principles
•Evaluating information to determine compliance with standards - Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
•Analyze risks, benefits and opportunities to ensure organizational competitiveness and satisfaction of established long range objectives
About QBE
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 by helping those around us build strength and embrace change to their advantage.
We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.
With more than 12,000 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.
We believe this is our moment: What if it was yours too?
Your career at QBE - let's make it happen!
https://www.linkedin.com/company/qbe-north-america/
US Only - Travel Frequency
•Occasional (approximately 5-10 trips annually)
US Only - Physical Demands
•General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.
US Only - Disclaimer
•To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Job Type
•Individual contributor
Global Disclaimer
•The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.
Inclusion of Diversity
At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.
Compensation
Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs
Annual Salary Range: $100,000 - $150,000
AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY* * * * *
Annual Salary Range: $110,000 - $165,000
CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA* * * * *
Annual Salary Range: $125,000 - $187,000
NJ and New York City NY
Benefit Highlights
You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.
We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.
At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.
If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.
#LI-Hybrid
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.
Worker Type: Employee
The Opportunity
This role will execute underwriting of property treaty business by leading business development and growth activities of assigned portfolio. Apply sound decision-making to underwrite complex business that contributes to a profitable portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned portfolio.
Primary Responsibilities
•Utilize property treaty subject matter expertise to underwrite insurance risks within assigned area of responsibility by analyzing existing and new submissions, reviewing company financials, loss, and exposure history to determine underwriting acceptability
•Utilize subject matter expertise to work with actuarial and CAT modeling in setting pricing for exposures
•Oversee contract wording to review coverage issues and ensure appropriate terms and conditions
•Initiate and maintain product and rating development by communicating with internal business partners to share knowledge of opportunities for new products and business growth
•Collaborate with senior department leaders by sharing specialized knowledge and recommending opportunities for improvement to influence strategy development
•Aggregate and monitor key exposure and metrics and develop reports as required by senior department leaders
•Participate in underwriting audits, client meetings, marketing initiatives, budget planning as requested by senior department leaders
•Measure and optimize portfolio progress by reviewing and analyzing underwriting data and monitoring industry best practices to identify opportunities for continuous improvement
•Build and maintain relationships with current and potential customers by networking and providing personalized and quality customer service to share and clarify information and maximize company brand
•Promote adherence to the underwriting framework by communicating internal guidelines, regulatory and legal requirements and reinsurance requirements to less experienced underwriters and demonstrating adoption of good practices to ensure compliance and minimize risk
•Optimize department operations by supporting junior underwriters and participating in the review and analysis of the portfolio and participating in internal meetings as required to share and develop strategy, knowledge and best practices
•Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Required Education
•Bachelor's Degree or equivalent combination of education and work experience
Required Experience
•5 years relevant experience
Preferred Competencies/Skills
•Understand market trends and current organizational strategies
•Collaborate with key stakeholders
•Build and maintain professional networks
•Communicate information in a clear, well-organized, and professional manner
•Ability to adjust plans, goals, actions and priorities to meet changing situations
•Ability to analyze statistics and ability to develop and prepare presentations using Microsoft Office products
•Drive for stakeholder success
•Build and capitalize on beneficial internal and external relationships
•Effectively and efficiently present logic, reasoning, and analysis to others
•Win concessions without damaging relationships
•Complete tasks attentively and thoroughly
•Foster and promote collaboration and teamwork
Preferred Experience
•Experience working with underwriting property contracts experience with performing underwriting audits and wrap ups
Preferred Knowledge
•Advanced working knowledge of underwriting department processes and procedures
•Working knowledge of terminology, concepts and principles related to strategic planning
•Events affecting the industry, including understanding of competition and the marketplace
•Principles and processes for providing customer service
•Products and concepts relating to the insurance industry
•Continuous improvement methodology and principles
•Evaluating information to determine compliance with standards - Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards
•Analyze risks, benefits and opportunities to ensure organizational competitiveness and satisfaction of established long range objectives
About QBE
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 by helping those around us build strength and embrace change to their advantage.
We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.
With more than 12,000 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.
We believe this is our moment: What if it was yours too?
Your career at QBE - let's make it happen!
https://www.linkedin.com/company/qbe-north-america/
US Only - Travel Frequency
•Occasional (approximately 5-10 trips annually)
US Only - Physical Demands
•General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.
US Only - Disclaimer
•To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Job Type
•Individual contributor
Global Disclaimer
•The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.
Inclusion of Diversity
At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.
Compensation
Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs
Annual Salary Range: $100,000 - $150,000
AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY* * * * *
Annual Salary Range: $110,000 - $165,000
CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA* * * * *
Annual Salary Range: $125,000 - $187,000
NJ and New York City NY
Benefit Highlights
You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.
We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.
At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.
If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.
#LI-Hybrid
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.