Underwriting Analyst
qbe
Primary Details
Time Type: Full timeWorker Type: EmployeeThe Opportunity:
Support our Aviation business strategy by utilizing established guidelines and communicating with agents to evaluate risk, apply sound decision-making and underwrite profitable business within authorized limits.
Location: Flexible on location
Work Arrangement: Hybrid or remote working expectations
The salary range for this role is between $80,000 - $150,000
Your new role:
• Review, evaluate and price business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
•Underwrite 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, managing production and issue of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring contribution to the business plan and objectives
•Participate in the review and analysis of the portfolio by examining documents to identify opportunities for continuous improvement and ensure progress towards profitable business objectives
•Make entries, as required, properly and promptly in underwriting systems to ensure accuracy of data, in relation to underwriting and aggregate exposures
•Research and obtain market intelligence in order to enhance organizational profit goals
•Adhere to underwriting standards, instructions, good practice, and legal and regulatory requirements to minimize risk and maximize efficiency
•Contribute to recording and measurement of insurance risks to ensure accuracy and good practice
•Collaborate with team by escalating issues to upper level underwriting professionals to solicit guidance on complex issues
•Contribute to assigned special projects by assisting with audits, participating in department product and process improvement initiatives
Required Qualifications
• Follow established guidelines to focus on details and complete tasks attentively and thoroughly
•Analyze data on a problem-to-problem solution
•Use wise, astute and insightful judgment to make sound decisions
•Understand, monitor, and improve underwriting technical systems
•Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
•Ability to analyze data and use for decision making
•Clearly and confidently convey information to various audiences through speech and writing
•Accept responsibility for one's decisions and actions
•Guide oneself with little or no supervision, and depend on oneself to get things done
•Appropriately prioritize assigned tasks to ensure timely goal achievement
Preferred Experience
• Insurance industry experience
• Working knowledge of insurance products and insurance concepts
•Working knowledge of Microsoft Office Suite
•Working knowledge of underwriting processes and procedures
•Working knowledge of laws and regulations related to area of responsibility
•Knowledge of risk profiling, pricing tools and loss models
•Business acumen
•Relevant trends and information within industry
Preferred Qualifications:
Tertiary Degree or equivalent combination of education and work experience.
Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.
Skills:
Analytical Thinking, Communication, Critical Thinking, Customer Service, Decision Making, Financial Advising, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Analysis, Policy Development, Portfolio Management, Stakeholder Management, Strategic Management, Team Management
QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:
Hybrid Working – a mix of working from home and in the office
22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
Competitive 401(k) program with company match up to 8%
Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
Tuition Reimbursement for professional certifications, and continuing education
Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community
To learn more, click here: Benefits | QBE US.
Why QBE? What if you could have a positive impact – at work and in the world?
At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success.
Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.
Join us now, so you can be part of our success – and we can be part of yours!
https://www.linkedin.com/company/qbe-north-america/
QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.
Equal Employment Opportunity:
QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.
This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.
Skills:
Analytical Thinking, Business Management, Critical Thinking, Customer Service, Decision Making, Financial Advising, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Analysis, Portfolio Management, Prioritization, Regulatory Compliance, Risk Management, Stakeholder 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.