Lead Underwriter, Life Sciences

QBE • Chicago, IL

4d • Hybrid

About The Position

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.

Requirements

• Significant experience in underwriting.
• Established customer/intermediary relationships.
• Established customer/broker relationships.
• Tertiary Degree or equivalent combination of education and work experience.

Responsibilities

• 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.

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