About the role
Primary Details
Time Type: Full timeWorker Type: EmployeeContribute to the development and implementation of channel strategic plans and motivate and develop the team by demonstrating good leadership behaviors and management best practice so as to support the achievement of business goals. Provide senior technical and specialist product expertise to intermediary/clients on the range of products offered. Responsible for underwriting activities and P&L responsibility of the various products (i.e. Annual & Project Professional Indemnity, Medical Malpractice, Directors' & Officers' Management Liability, Cyber etc)Primary Responsibilities
• Responsible for underwriting activities and P&L responsibility of the Financial Lines various products ((i.e. Annual & Project Professional Indemnity, Medical Malpractice, Directors' & Officers' Management Liability, Cyber etc).)
•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 personal technical development to achieve ideal DAL state
•Support the divisional underwriting function to actively manage talent (attract, recruit, develop and retain) to build people capability for the future (succession planning)
•Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth
•Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
•Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
•Adhere to underwriting standards, instructions and good practice to minimize risks and maximize efficiency
•Develop and maintain good working relationships with all customers, intermediaries and internal stakeholders
•Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines
•Contribute to the development and implementation of channel strategic plans
•Motivate and develop the team by demonstrating good leadership behaviors and management best practice so as to support the achievement of business goals
•Provide senior technical and specialist product expertise to intermediary/clients on the range of products offered
•Key Performance Indicator on Growth & Profitability
•Key Performance Indicator on Broker Servicing & Satisfaction - Broker survey results
•Key Performance Indicator on 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
Preferred Competencies/Skills
• 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
• Commercial acumen
• Relevant tertiary qualifications, specialist qualifications or equivalent
Preferred Experience
• 10+ years of underwriting experience
• Established customer/broker relationships
Preferred Knowledge
• Local market expertise
• Broad insurance industry knowledge
• Excellent understanding of class specific underwriting and development reinsurance knowledge
• Understanding of relevant market conditions
QBE Cultural DNA
• Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) – because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:
•We are customer-focused
•We are technical experts
•We are inclusive
•We are fast-paced
•We are courageous
•We are accountable
•We are a team
•All employees are expected to adhere to QBE’s Code of Ethics and Conduct and apply sound risk management practices
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.
Skills:
Business Management, Collaboration Tools, Commercial Acumen, Communication, Critical Thinking, Decision Making, Detail-Oriented, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic ManagementHow 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.
Aplyr's read
QBE Insurance is a global leader in insurance and reinsurance, attracting professionals who thrive in a dynamic, diverse, and challenging environment.
What's promising
- •QBE's global presence offers diverse career opportunities across multiple regions and sectors.
- •The company invests in cutting-edge technology for improved risk management and customer experience.
- •QBE's commitment to sustainability and corporate responsibility enhances its reputation and employee satisfaction.
What to watch
- •The insurance industry faces regulatory challenges that could impact QBE's operations.
- •QBE's financial performance is susceptible to global economic fluctuations and natural disasters.
- •The company has undergone significant restructuring, which may affect job stability.
Why QBE Insurance
- •QBE's diverse product portfolio spans across various industries, providing wide-ranging career paths.
- •The company has a strong focus on innovation, particularly in digital transformation and data analytics.
- •QBE's Australian roots provide a unique perspective in the global insurance market.
Aplyr’s read is generated by AI from public sources. Was it useful?
About QBE Insurance
QBE Insurance is a global insurance and reinsurance company headquartered in Sydney, Australia. It provides a wide range of insurance products and services across various sectors.