Senior Underwriter, Financial Lines, Asia

Primary Details

Time Type: Full time

Worker Type: Employee

Contribute to the development and implementation of channel strategic plans and motivate and develop the team by demonstrating good leadership behaviors and management best practice so as to support the achievement of business goals. Provide senior technical and specialist product expertise to intermediary/clients on the range of products offered. Responsible for underwriting activities and P&L responsibility of the various products (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.)

Primary Responsibilities
- Responsible for underwriting activities and P&L responsibility of the various products across Asia Region (i.e. Marine, Property and Engineering products, Financial Lines and Liability, Accident and Health, Motor, Workers Compensation, SME and Home etc.)
- Responsible for managing UW relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation
- Responsible for managing overall business relationship with MTPs and brokers in the area of GWP growth
- Ensure the ongoing personal technical development to achieve ideal DAL state
- Support the divisional underwriting function to actively manage talent (attract, recruit, develop and retain) to build people capability for the future (succession planning)
- Evaluate risk for new business & renewals in accordance with standards, to ensure profitable growth
- Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately
- Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
- Adhere to underwriting standards, instructions and good practice to minimize risks and maximize efficiency
- Develop and maintain good working relationships with all customers, intermediaries and internal stakeholders
- Build strong knowledge of current legislation, best practice, underwriting acceptance levels, systems and organizational guidelines
- Contribute to the development and implementation of channel strategic plans
- Motivate and develop the team by demonstrating good leadership behaviors and management best practice so as to support the achievement of business goals
- Provide senior technical and specialist product expertise to corporate intermediary/clients on the range of products offered
- Key Performance Indicator on Growth & Profitability - GWP including Renewal and New Business vs. Plan, GWP per Underwriter; NCOR % and UW profit for Corporate channel; Renewal retention rate and New Business pipeline in Salesforce; APTP / Rate Adequacy
- Key Performance Indicator on MTP and Broker Servicing & Satisfaction - Broker survey results
- Key Performance Indicator on Achieve overall local underwriting governance requirement and internal audit: Cell reviews completed timely each month, required actions identified and monitored until complete; Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management

Preferred Competencies/Skills
- Negotiation and problem-solving skills
- Relationship management and communication skills
- Analytical and research skills

Preferred Education Specifics
- Relevant tertiary qualifications, specialist qualifications or equivalent

Preferred Experience
- 10+ years of underwriting experience with a minimum 3 years regional exposure
- Some established customer/broker relationships

Preferred Knowledge
- Strong insurance industry knowledge
- Understanding of relevant market conditions

QBE Cultural DNA
- Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) - because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:

- We are customer-focused
- We are technical experts
- We are inclusive
- We are fast-paced
- We are courageous
- We are accountable
- We are a team

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.

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.

Ho