Lead Underwriter, Life Sciences at QBE Insurance Group

Chicago, Illinois, United States -

Full Time

Start Date

Immediate

Expiry Date

01 May, 26

Salary

204500.0

Posted On

31 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Life Sciences, Broker Relationships, Technical Expertise, Risk Selection, Portfolio Management, Stakeholder Relationships, Profitability Initiatives, Process Improvement, Legislation Knowledge, Coaching, Mentoring, Regulatory Compliance, Decision Making, Negotiation, Strategic Management

Industry

Insurance

Description

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 set underwriting guidelines, service standards and within individual earned or delegated underwriting authority.. This role involves underwriting complex new businesses within our Life Sciences business unit. 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. • Location: Preferably Chicago, IL but open to other locations • Work Arrangement: hybrid working expectations • The starting salary for this role is between $136,500.00 and $204,500.00 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. Established customer/intermediary relationships. Established customer/broker relationships. Qualifications: Necessary Qualifications include: Tertiary Degree or equivalent combination of education and work experience. 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 and Community – QBE actively supports six Employee Networks, and many ways to give back to your community To learn more, click here: Benefits | QBE US. Why QBE? What if you could have a positive impact – at work and in the world? At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success. Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact. Join us now, so you can be part of our success – and we can be part of yours! https://www.linkedin.com/company/qbe-north-america/ QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information. Equal Employment Opportunity: QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status. This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship. Supplementary information Skills: Adaptability, Analytical Thinking, Critical Thinking, Customer Service, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Portfolio Management, Problem Solving, Regulatory Compliance, Risk Management, Strategic Management, Waterfall Model 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. We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 27 countries around the world. Learn more about QBE Careers today.

Responsibilities

The primary purpose of this role is to underwrite complex new business within the Life Sciences unit according to the business plan, guidelines, and authority, while also building and maintaining broker relationships. This role involves performing complex underwriting activities, managing key accounts, leading profitability initiatives, and coaching/supervising junior underwriters.