Primary DetailsTime Type: Full time
Worker Type: Employee
The Opportunity: The purpose of this role is to assist the Financial Lines underwriting team in supporting business development and growth initiatives. This position focuses on learning the fundamentals of underwriting practices, cultivating relationships with clients, and contributing to the profitability of the designated portfolio.
- Location: Chicago, IL; 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
- The salary range for this role is between $82,500-$140,500
Your new role:- Assist in reviewing, evaluating, and pricing business by supporting underwriting decisions and adhering to regulatory standards.
- Help underwrite new and existing policies while ensuring compliance with organizational standards and guidelines.
- Support the identification and minimization of risks through thorough due diligence and escalation of issues when necessary.
- Collaborate with senior underwriters to learn and apply best practices in underwriting and pricing strategies.
- Maintain awareness of legal and regulatory requirements to ensure compliance in all underwriting activities.
- Contribute to recording and measurement of insurance risks.
- Maintain relationships with producers and customers.
- Participate in special projects and departmental initiatives as assigned, contributing to overall team objectives.
Preferred Qualifications- Bachelor's Degree or equivalent combination of education and work experience.
Preferred Competencies- Moderate relevant experience; in cyber and private equity.
- Cyber underwriting experience; including risk profiling and pricing tools.
- Established customer and broker relationships.
- Underwriting experience in a high-production environment with increasing levels of responsibility
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
Supplementary information
Skills:Adaptability, Analytical Thinking, Collaboration Tools, Communication, Critical Thinking, Customer Service, Insurance Risk Analysis, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Regulatory Compliance, Risk Management, Stakeholder Management, Underwriting Analysis
How to Apply:
To submit your application, click "Apply" and follow the step by step process.
