Primary DetailsTime Type: Full time
Worker Type: Employee
The Opportunity: The purpose of this role is to underwrite new business and renewals within specified guidelines and authority levels, while providing technical support and overseeing profitable growth for opportunities that fall within Alternative Risk Transfer. Additionally, the role involves managing underwriting activities (including operations) as well as fostering relationships with intermediaries and business partners to drive underwriting service delivery and innovation.
- Location: Atlanta, GA; Chicago, IL; Madison, WI, or New York City, NY
- Work Arrangement: This role is hybrid, where you will be expected to be in the office 2-3 days per week or remote.
- The salary range for this role is between $124,000-$233,000
Your new role:- Review and approve risk within Underwriting Guidelines and agreed SLAs.
- Develop and maintain strong relationships with customers, intermediaries, and stakeholders.
- Act as a technical expert to support issue identification and opportunities within Alternative Risk Transfer product class.
- Underwrite risks and authorise referrals following delegated authority and underwriting standards for profitable growth.
- Contribute to the development and implementation of the Business Unit's Business Plan.
- Deliver timely decisions and problem-solving solutions for internal/external customers and business partners.
- Maintain expertise and team knowledge through identifying appropriate learning and development activities.
- Establish, strengthen, and develop relationships with stakeholders to maximise influence and achieve business objectives.
- Participate in the review and analysis of the portfolio to identify progress toward business objectives.
Preferred Qualifications- Bachelor's Degree or equivalent combination of education and work experience.
Preferred Competencies- Progressive experience in complex commercial insurance, specialty underwriting, reinsurance, captive/fronting, or alternative risk solutions.
- Demonstrated experience underwriting complex accounts and structuring non-standard risk solutions for large or sophisticated commercial insureds.
- Experience with structured insurance, multi-line/multi-year programs, captive/fronting arrangements, loss-sensitive programs, parametric or other alternative risk structures preferred.
- Experience underwriting across multiple commercial lines and evaluating the interaction of insurance, reinsurance, collateral, credit, and financial considerations.
- Demonstrated ability to analyze loss and exposure information, financial statements, and actuarial/pricing analyses to support underwriting decisions.
- Experience negotiating complex transactions and building relationships with brokers, corporate risk managers, captive managers, consultants, and reinsurance partners.
- Experience collaborating across underwriting, actuarial/pricing, claims, legal, finance, reinsurance, and operations.
- Experience presenting complex transactions through senior underwriting and management approval processes.
- Experience developing new products, underwriting frameworks, guidelines, or portfolio strategies strongly preferred.
- Complex underwriting/structuring capability
- Financial and analytical sophistication
- Multi-line insurance knowledge
- Broker/client credibility
- Captive/fronting/reinsurance knowledge
- Ability to operate entrepreneurially inside a larger insurer
- Direct ART 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.
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 togive back to your community
To learn more, click here: Benefits | QBE US
Skills:Analytical Thinking, Communication, Critical Thinking, Customer Service, Customer Value Management, Decision Making, Financial Advising, Financial Products, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Portfolio Management, Risk Management, Stakeholder Management
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
