Senior Underwriting Operations - Management Liability / D&O

Company:  QBE Americas, Inc.
Location: Boston
Closing Date: 24/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

The Opportunity

The D&O Underwriting Assistant provides administrative and clerical support to the underwriting team, particularly in the area of Directors and Officers (D&O) liability insurance. The role involves assisting underwriters in the analysis and documentation of D&O insurance policies, ensuring compliance with company guidelines and industry regulations. The assistant helps manage workflows, process insurance applications, and communicate with clients, brokers, and other stakeholders. Contribute to underwriting operations for a line of business by preparing and reviewing documentation, managing client records and files, processing submissions, renewals and endorsements, and supporting the development of junior operations underwriters.

Primary Responsibilities

  1. Assist underwriters in gathering necessary information for policy evaluation, including financial statements, risk assessments, and other relevant documentation.
  2. Support the development of junior level operations underwriters by offering professional guidance, facilitating partnerships with key stakeholders, delivering technical training as required, prioritizing and delegating assignments, and sharing expertise.
  3. Maintain streamlined operational underwriting by processing, documenting, and organizing assigned new business, renewal, endorsed, and cancelled policies, preparing and maintaining legal notices and underwriting quotes to support business processes.
  4. Input data into underwriting systems and databases.
  5. Serve as a point of contact for clients and brokers, providing information and answering questions about policies, applications, and the underwriting process.
  6. Manage client files by utilizing customer relationship management tools and updating records as required to reflect the current state.
  7. Build and maintain relationships with internal and external customers by requesting required underwriting information and researching and analyzing inquiries.
  8. Support operational projects to review and/or design new process modules and evaluate market dynamics to ensure compliance and grow the book of business.
  9. Collaborate with key stakeholders by sharing information, recommending solutions to underwriting issues, and guiding clients as necessary.
  10. 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.

Required Education

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

Required Experience

  1. 2-4 years relevant experience.

Preferred Competencies/Skills

  1. Strong organizational and time-management skills.
  2. Excellent attention to detail and accuracy.
  3. Build and maintain professional networks.
  4. Show drive and initiative.
  5. Good communication skills, both written and verbal.
  6. Use a logical approach to analyze issues.
  7. Share knowledge and educate others.
  8. Ability to work independently and as part of a team.
  9. Build and capitalize on beneficial internal and external relationships.
  10. Effectively and efficiently present logic, reasoning, and analysis to others.
  11. Complete tasks attentively and thoroughly.

Preferred Experience

  1. Experience in underwriting operations, finance, and/or the insurance industry.

Preferred Knowledge

  1. Working knowledge of underwriting department processes and procedures.
  2. Events affecting the industry, including understanding of competition and the marketplace.
  3. Principles and processes for providing customer service.
  4. Products and concepts relating to the insurance industry.
  5. Continuous improvement methodology and principles.
  6. Evaluating information to determine compliance with standards.

About QBE

We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We're proud to work together and encourage each other to enable resilience for our customers, our environment, our economies, and our communities.

With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is our moment: What if it was yours too?

Your career at QBE - let's make it happen!

US Only - Travel Frequency

  1. Infrequent (approximately 1-4 trips annually).

US Only - Physical Demands

  1. 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.

US Only - Disclaimer

  1. 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.

Job Type

  1. Individual Contributor.

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.

Inclusion of Diversity

At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.

Compensation

Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location, and business needs. Annual Salary Range: $59,000 - $89,000.

AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV, and WY.

Annual Salary Range: $65,000 - $97,000.

CA (Remote, Fresno, Irvine, and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX, and WA.

Annual Salary Range: $74,000 - $111,000.

NJ and New York City NY.

Benefit Highlights

You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support, and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision, and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and caregiver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.

At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.

If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.

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.

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