Primary Details

Time Type: Full time

Worker Type: Employee

The Opportunity

The purpose of this role is to underwrite business in accordance with the business plan within the set underwriting guidelines, service standards and within individual earned or delegated underwriting authority. This role involves underwriting complex new businesses and offering specialist advice. Additionally, the role is responsible for building and maintaining broker relationships, applying technical expertise, contributing to business results, staying informed about industry standards and new product introductions and coaching and mentoring Underwriters and Assistant Underwriters.

• Location: New York City, NY, Boston, MA, or Chicago, IL

• Work Arrangement: Hybrid (2-3 days in the office)

• The salary range for this role is dependent on location. Please see below for the range based off your location.

                                   New York City and Boston, MA - $155,000 - $233,500

                                   Chicago, IL - $136,500 - $204,500

Your new role

• Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions.

• Perform complex underwriting activities in compliance with legal and regulatory requirements.

• Utilize product line expertise to analyze business prospects and recommend profitable risk selection.

• Manage key portfolios/accounts with intermediaries.

• Establish, strengthen, and develop relationships with stakeholders to maximize influence and achieve business objectives.

• Lead profitability and process improvement initiatives by informing senior leaders on best practices and guiding strategic plans.

• Maintain in-depth knowledge of current legislation, best practice, underwriting, systems, products and organizational guidelines

• Actively manage your portfolio and relationships with brokers and colleagues to achieve portfolio retention, growth and profitability targets

• Coach and mentor Underwriters & Assistant Underwriters. As required supervise work and ensure procedures and authorities are adhered to.

• Adhere to underwriting standards, instructions, and good practice to minimize risk and maximize efficiency.

Work Experience:

Preferred Work Experience includes:

• Significant experience in underwriting.

• Experience in underwriting multinational cargo programs.

• Established customer/intermediary relationships.

• Established customer/broker relationships.

Qualifications:

Necessary Qualifications include:

• Bachelor’s Degree or equivalent combination of education and work experience.

• Relevant Underwriting Authority

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 an