Primary Details
Time Type: Full time
Worker Type: Employee
Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.) and managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.
Your new role:
• Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home 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
•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
•Key Performance Indicator on 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
About you:
• Degree or equivalent qualification preferable
• 7+ years working experience with substantial experience gained within the insurance industry
•Use of risk profiling and pricing tools and loss models
•Established customer/broker relationships
• Extensive knowledge of relevant market conditions for specific class/portfolio
•Good knowledge of relevant QBE underwriting systems
•Thorough understanding of class specific underwriting and reinsurance knowledge
•Intermediate level understanding of relevant software, including Excel and other departmental software packages
•Strong knowledge of legal and regulatory requirements in Hong Kong
•Strong knowledge of QBE underwriting process and procedures
Benefits:
Excited to share our comprehensive benefits package at QBE! 🌟
🌟 Flex and hybrid working options
🏡 Work from home policy
👨👩👧 Paternity leaves matching with maternity leave
🧘♀️ Well-being programs
💰 Pensions
🩺 Medical benefits
🌍 Globally, access to online learning via LinkedIn Learning
👪 On top of annual leaves, 3 additional days off (Family care leaves)
📚 Study leave
💍 Marriage leave
🎁 Internal Appreciation program with points to redeem nice merchandize and life experiences
Join us and enjoy a work environment that values your well-being and personal growth! 🌟 #EmployeeBenefits #WorkLifeBalance #CareerDevelopment
Join us now, so you can be part of our success – and we can be part of yours.
Your career at QBE — Let’s make it happen.
Skills:
Adaptability, Analytical Thinking, Business Management, Collaboration Tools, Communication, Critical Thinking, Customer Service, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Regulatory Compliance, Risk Management, Stakeholder Management, Strategic Management
Application Close Date: 15/01/2025 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.
