Avp, Financial And Professional Lines Treaty Underwriter

Time Type: Full timeWorker Type: EmployeeAt QBE, our purpose is to give people the confidence to achieve their ambitions inside and outside of work. From development opportunities, to flexible work options and highly competitive reward and benefits packages, we understand the importance of living our values when it comes to our people. Everything we do at QBE is underpinned by our company’s cultural elements – because we know it's not just what we do that matters, it's how we do it that makes the difference.
This opportunity is accountable for executing underwriting of US Financial and Professional Lines treaty business by leading business development and growth activities of assigned portfolio. Apply sound decision-making to underwrite a mix of Financial and Professional Lines treaty business that contributes to a diverse profitable portfolio. Responsibilities include new business production, renewal retention and the overall profitability of assigned portfolio.

• Understand and comply with any reinsurance requirements to minimize risk and to deliver business plan objectives.
• Comply with all legal and regulatory requirements to ensure obligations are met.
• Underwrite Financial and Professional Lines treaty reinsurance risks in accordance with the business plan and the personal authority to meet business objectives including negotiating rates, terms and conditions for existing and new business, managing production, review and issuance of contract documentation, and ensuring compliance with internal and external regulations and guidelines.
• Foster strong partnerships with cedants by informing them on new products and programs, communicating opportunities for continuous improvement and clarifying and explaining underwriting decisions.
• 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.
• Research and obtain market intelligence in order to enhance organizational profit goals.
• Attending and participating in underwriting audits and presentations for new and renewal treaties.
• Utilize Financial and Professional Lines insurance and reinsurance subject matter expertise to underwrite treaty reinsurance risks within assigned area of responsibility by analyzing existing and new submissions, reviewing company financials, loss, and exposure history to determine underwriting acceptability
• Contribute to recording and measurement of insurance risks to ensure accuracy and good practice.
• Adopt QBE values in personal work behaviors, decision-making, contributions and interpersonal interactions; mage own career development by soliciting feedback and valuing other perspectives
• Contribute to assigned special projects by assisting with accounting reviews, account peer reviews and participating in department product and process improvement initiatives.
• Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency.
• Establish and maintain relationships with brokers and cedants to understand their needs and provide products that respond to their needs.
• Participate in the review and analysis of the Financial and Professional Lines treaty portfolio to identify progress toward business objectives.

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

• 5 years relevant experience

• Progression toward or receipt of professional designations including CPCU, ARe, RPLU, or any actuarial exams.
• Proficiency in Excel, Power Point, Word, and other Microsoft Office products.
• 5 years relevant experience in Financial or Professional Lines insurance/reinsurance

• We are fast-paced
• We are a team
• We are courageous
• We are diverse
• We are customer-centered
• We are accountable
• We are technical experts

• Occasional (approximately 5-10 trips annually)

• 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.

• 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.

• Individual Contributor

• 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.