Senior Underwriter - Political Risk

Primary Details

Senior Underwriter – Political Risk 

We are currently recruiting for our London based Political Risk team (home/office hybrid), working alongside a Portfolio Manager, Senior Underwriter, and an Assistant Underwriter. This will involve underwriting new and existing business in accordance withthe business plan and within a delegated underwriting authority. QBE’s Political Risk team insures a broad range of clients across various sectors and territories, with a key focus on emerging markets. This is a great opportunityto join a growing and historically profitable Political Risk portfolio that provides Contract Frustration and PRI for traders, financial institutions, exportersand corporates. Working alongside a supportive team, you will gain exposure across complex and technical risks. At QBE, we empower our underwriters to use their subject matter expertiseand experience to make informed decisions. 

Your new Role: 

• Underwriting new and existing business in accordance with the business plan, risk appetite and reinsurance strategy. 
• Developing and maintaining strong relationships with external and internal stakeholders including customers, brokers, business partners and colleagues, to maximise influence and achieve business objectives. 
• Collaborating with the development of strategic priorities and delivery of the business plan.  
• Involvement in every aspect of the business including reinsurance relationship management, business planning and interfacing with claims, finance, legal, compliance and actuarial teams. 
• Adhering to underwriting standards, instructions, and good practice to minimise risk and maximise efficiency. 
• Regularly attending Lloyd’s, actively participating in meetings, sharing knowledge and supporting the development of junior team members. 
• Ensuring the recording and measurement of insurance risks to ensure accuracy and good practice. 
• Supporting the aggregate management and peer review processes to encourage and develop excellence. 
• Liaising with the service centre regarding insurance contract handovers, processing queries, credit control queries, country/counterparty aggregate management. 
• Contributing to and/or managing team or divisional projects 
• Delivering timely and accurate reporting and portfolio analysis as required on a monthly, quarterly or ad hoc basis. 

 About you: 

• Experience within the Credit and/or Political Risk market, either in an underwriting or broking capacity 
• An interest in global economic and political affairs 
• Communicate effectively, concisely, and appropriately at all levels. 
• Enjoy working as part of a small team and willing to take on responsibility. 
• Business and financial acumen and curiosity to learn and keep up with market trends and innovations. 
• Technical skills across Microsoft Office, with an intermediate/advanced Excel skillset preferred. 

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.

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

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.