Primary Details
Time Type: Full time
Worker Type: Employee
The Opportunity
This role will guide renewal underwriters in the execution of Miscellaneous Professional, Lawyer Professional, Technology Professional, and Media Professional Liability by developing policies and procedures that align with department goals to support the underwriting of business that contributes to a profitable portfolio. Line(s) of business will include Miscellaneous Professional, Lawyer Professional, Technology Professional, and Media Professional Liability.
Primary Responsibilities
• Enhance underwriting portfolio by measuring, analyzing and communicating agency performance to ensure alignment with business strategy, retention of key partners and acquisition of desired business
•Monitor degree of risk by identifying, measuring, managing and accounting for risks during team underwriting process to ensure team analyses and recommendations yield profitable risk selection
•Recommend and implement business growth initiatives by monitoring insurance market trends and developments to promote adoption of best practices for profitability
•Manage underwriting systems data entry to ensure accurate capturing of department data and identify opportunities for continuous improvement
•Cultivate efficient team functioning by managing resources and recommending and implementing needed changes to fill in gaps and ensure streamlined strategy execution
•Influence team by modeling strong relationship building with key stakeholders to encourage team to utilize timely and effective communication and deliver personalized and quality service
•Increase team awareness of and engagement with business plan by leading internal meetings to share and develop strategy and best practices for team to underwrite profitable business
•Guide key stakeholder decision-making and understanding of operations by sharing underwriting technical expertise with team, agents and regulators and clarifying complex escalated inquiries to transfer information and cultivate a strong department reputation
•Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Required Education
• Bachelor's Degree or equivalent combination of education and work experience
Required Experience
• 10+ years of errors & omissions underwriting experience
Preferred Competencies/Skills
• Maintain current, accurate and readily accessible data
•Build and capitalize on beneficial internal and external relationships including competitors
•Utilize effective research and investigative techniques
•Use internal and external resources to gather, analyze, and reorganize information and use logic to address work-related issues and problems
•Risk identification and mitigation
•Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
•Collaborate with people at different levels within the organization to accomplish a common goal
•Coach and encourage employees towards continuously improving performance and mentor team with feedback, on-the-job skill enhancement opportunities and career advice
•Utilize motivational, inspirational and enthusiastic approach to managing team
•Anticipate obstacles, estimate time and resources needed for the completion of a project
•Understand the needs and goals of a customer and actively look for ways to meet them
•Utilize effective interpersonal, verbal and written communication
Preferred Experience
• Experience managing or leading others
• specific participation and memberships are preferred and may include one or more of the following: Professional Liability Underwriting Society or RIMS
Preferred Knowledge
• Events affecting the industry, including understanding of competition and the marketplace for assigned program/s
•Advanced working knowledge of underwriting methodologies and best practices
•Advanced working knowledge of organizational underwriting guidelines and standards
•Understanding of laws and regulations relevant to underwriting standards, processes and procedures
About QBE
We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.
We’re an international insurer that’s building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.
And our people will be at the center of our success. We’re proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.
With more than 12,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.
We believe this is our moment: What if it was yours too?
Your career at QBE — let’s make it happen!
US Only - Travel Frequency
• Occasional (approximately 5-10 trips annually)
US Only - Physical Demands
• General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.
US Only - Disclaimer
• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.
Job Type
• Manager
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.
Inclusion of Diversity
At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.
Compensation
Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs
Annual Salary Range: $146,000 - $220,000
AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY
\* \* \* * *
Annual Salary Range: $161,000 - $242,000
CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA
\* \* \* * *
Annual Salary Range: $183,000 - $275,000
San Francisco CA, NJ and New York City NY
Benefit Highlights
You are more than your work – and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.
We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance.
At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.
If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.
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.