This site uses cookies. To find out more, see our Cookies Policy

Search Our Jobs

Search Remote Jobs

If searching for a remote/work from home position, please conduct your search by State or click “Search Remote Jobs”

Senior Underwriter – Commercial E&O and Cyber in New York at QBE

Date Posted: 11/20/2018

Job Snapshot

  • Employee Type:
  • Location:
    New York
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:

Job Description

Implement assigned line(s) of business strategy by assisting with business development and growth through building relationships within assigned customers and applying sound decision-making to underwrite business that contributes to a profitable portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned book of business. Line(s) of business may include Accident and Health, Aviation, Corporate, Excess and Surplus (E&S), Financial Institutions, Healthcare, Inland Marine, Professional Lines, Multi-national, Property, Trade Credit & Surety and Transactional Liability.

Primary responsibilities
• Review, evaluate and price moderately complex business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
• Identify and minimize risks by utilizing due diligence and applying sound judgment to escalate underwriting issues when necessary and recommend opportunities for a profitable portfolio
• Ensure adherence to underwriting standards, objectives and guidelines of program by maintaining files in accordance with policy and procedures to minimize risk
• Assist with improvements in underwriting practices, pricing and marketing strategies by providing feedback to upper level underwriting professionals to communicate industry best practices
• Mentor junior underwriters by managing projects and training initiatives, answering escalated questions and reviewing financial statement and securities valuation analyses to ensure efficient team performance and profitable delivery
• Comply with all legal and regulatory requirements to ensure obligations are met
• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency
• Contribute to recording and measurement of insurance risks to ensure accuracy and good practice
• Ensure review and analysis of the portfolio to identify progress toward business objectives
• Research and obtain market intelligence in order to enhance organizational profit goals
• Establish and maintain relationships with producers and customers to understand their needs and sell products that respond to their needs
• Foster strong partnerships with customers by informing on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions to ensure understanding of assigned line/s of business goals and objectives
• Contribute to assigned special projects by assisting with audits, participating in department product and process improvement initiatives
• Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value “can do” people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; manage own career development by soliciting feedback and valuing other perspectives

Required Qualifications
Education: Bachelor’s Degree or equivalent combination of education and work experience

Business, insurance, or related field

Experience: 4 years relevant experience

Licenses/Certifications: NA

Preferred Qualifications
Education: NA

Experience: Insurance industry experience

Licenses/Certifications: Chartered Property Casualty Underwriter (CPCU) or Certified Insurance Counselor (CIC) designation, Registered Professional Liability Underwriter (RPLU) or other designations based on assigned business lines

• Broad working knowledge of insurance products and insurance concepts
• Broad working knowledge of Microsoft Office Suite
• Broad working knowledge of underwriting processes and procedures
• Broad working knowledge of laws and regulations related to area of responsibility
• Broad knowledge of risk profiling, pricing tools and loss models
• Insurance business acumen

• Use multiple resources to gather and analyze information and use logic to underwrite complex risks
• Use wise, astute and insightful judgment and individual credibility to make autonomous, sound underwriting decisions
• Prioritize interests of the company and community during decision-making
• Effectively and efficiently present logic, reasoning, and analysis to managers
• Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
• Win concessions without damaging relationships
• Recommend improvement opportunities and translate them into tangible business deliverables

• Clearly and confidently convey information to a wide audience
• Show drive and initiative
• High attention to detail
• Act fairly, ethically and with integrity when decision-making
• Maintain confidentiality of private or sensitive information
• Multi-task and handle competing priorities; adapt and be flexible in a complex changing environment
• Keep an open mind, consider unique approaches and be open to change and considerable variety in the workplace
• Professional, polished, poised and positive demeanor

Work environment
Travel frequency: Occasional (approximately 5-10 trips annually)

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 pounds.

Number of Openings:


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.

The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.