Underwriter - Ocean Marine

QBE • Houston, TX

32d • $88,000 - $132,000 • Hybrid

About The Position

This role will support assigned line(s) of business strategy by utilizing established guidelines and communicating with agents to evaluate risk, apply sound decision-making and underwrite profitable business within authorized limits.

Requirements

• Bachelor's Degree or equivalent combination of education and work experience
• 3 years relevant experience
• Follow established guidelines to focus on details and complete tasks attentively and thoroughly
• Analyze data on a problem-to-problem solution
• Use wise, astute and insightful judgment to make sound decisions
• Understand, monitor, and improve underwriting technical systems
• Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
• Ability to analyze data and use for decision making
• Clearly and confidently convey information to various audiences through speech and writing
• Accept responsibility for one's decisions and actions
• Guide oneself with little or no supervision, and depend on oneself to get things done
• Appropriately prioritize assigned tasks to ensure timely goal achievement

Nice To Haves

• Degree in Business, insurance, or related field
• Insurance industry experience
• Depending on assigned line(s) of business
• Working knowledge of insurance products and insurance concepts
• Working knowledge of Microsoft Office Suite
• Working knowledge of underwriting processes and procedures
• Working knowledge of laws and regulations related to area of responsibility
• Knowledge of risk profiling, pricing tools and loss models
• Business acumen
• Relevant trends and information within industry

Responsibilities

• Review, evaluate and price business by applying sound underwriting judgment and adhering to company policy and state regulations within established authority
• Underwrite insurance 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 and issue of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring contribution to the business plan and objectives
• Participate in the review and analysis of the portfolio by examining documents to identify opportunities for continuous improvement and ensure progress towards profitable business objectives
• Make entries, as required, properly and promptly in underwriting systems to ensure accuracy of data, in relation to underwriting and aggregate exposures
• Research and obtain market intelligence in order to enhance organizational profit goals
• Adhere to underwriting standards, instructions, good practice, and legal and regulatory requirements to minimize risk and maximize efficiency
• Contribute to recording and measurement of insurance risks to ensure accuracy and good practice
• Collaborate with team by escalating issues to upper level underwriting professionals to solicit guidance on complex issues
• Contribute to assigned special projects by assisting with audits, participating in department product and process improvement initiatives

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees