Underwriter – Reinsurance, Property

Opportunity

Full‑time, employee. London based role with hybrid working. Join a high‑performing and growing reinsurance team as a Property Treaty Underwriter. The role offers exposure to North American and international property portfolios and involves underwriting new business, renewals, and shaping portfolio performance.

Responsibilities

• Contribute to the delivery of the annual portfolio business plan, applying sound judgement to underwriting decisions in line with wider strategic objectives.
• Support portfolio planning through research, analysis and project work, helping inform underwriting and growth decisions.
• Ensure full compliance with all legal, regulatory and governance requirements, maintaining the highest underwriting standards.
• Apply underwriting guidelines, standards and best practice to optimise risk selection, efficiency and portfolio performance.
• Support accurate risk recording, monitoring and reporting, contributing to strong data quality and control.
• Build and maintain strong, trusted relationships with brokers, customers, business partners and internal stakeholders to maximise influence and outcomes.
• Develop a strong understanding of market dynamics and underwriting cycles to operate effectively in changing market conditions.
• Play an active role in achieving business objectives, including negotiating rates, terms and conditions, managing renewals and new business, and ensuring contract certainty.
• Participate in ongoing portfolio review and performance analysis, identifying trends, opportunities and areas for corrective action.
• Contribute to aggregate management and peer review processes, promoting technical excellence, consistency and continuous improvement.

Qualifications

• Experience within property treaty reinsurance gained in an underwriting or broking capacity.
• Strong technical capability, including proficient use of Excel, databases and relevant underwriting or departmental systems.
• Practical understanding of catastrophe modelling and loss models, and experience using risk profiling, pricing tools and platforms such as RMS/Verisk.
• Sound knowledge of UK legal and regulatory requirements, including FCA and Lloyd’s frameworks, and how these apply in a reinsurance context.
• Proven ability to build and maintain strong relationships with brokers and internal stakeholders, demonstrating effective stakeholder management and clear communication.
• Highly organised with strong analytical, prioritisation and stakeholder management skills, able to underwrite effectively in a fast‑paced and evolving market.
• Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.

Skills

• Analytical Thinking
• Business Management
• Communication
• Critical Thinking
• Customer Service
• Customer Value Management
• Decision Making
• Insurance Underwriting
• Intentional Collaboration
• Managing Performance
• Process Improvements
• Reinsurance
• Risk Management
• Stakeholder Management
• Strategic Management

Benefits

• 30 days holiday a year with the option to buy up to 2 additional days.
• Flexible working – open to part‑time, job share and compressed hours.
• Pension – automatic enrolment with 10% employer contribution on basic salary.
• Private medical insurance – fully comprehensive cover for you and your family.
• Family friendly policies – 26 weeks leave at full pay regardless of gender identity, sexual orientation or family status.
• Short‑term remote work abroad – up to 20 days per year from certain locations overseas.
• Sustainable investing – pension strategy supports net‑zero goal by investing more in green businesses.
• Cycle‑to‑Work – assistance for bike accessories up to £5,000.

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.

Application

Application Close Date: 28/05/2026 11:59 PM

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