at QBE The Americas in Chicago, Illinois, United States
Job Description
Primary DetailsTime Type: Full time
Worker Type: Employee
The Opportunity
Execute business strategy for assigned Program(s) by establishing relationships with Program Administrators and utilizing expertise to both underwrite business within authorized limits and evaluate risk to ensure decisions contribute to a profitable portfolio. The successful candidate will have multiline underwriting insurance experience.
Primary Responsibilities
* Deliver on the long-term programs strategy and business plan to drive continued profitable growth (including underwriting, distribution and expense management)
*Provide market facing leadership and customer engagement for key existing and prospective program administrators
*Forge and maintain strong relationships with external Program Administrators by serving as the primary point of contact and relationship manager with accountability forprofit, adherence to underwriting guidelines, effective claims management, financial reporting, and data collection and analysis
*Represent program(s) on complex projects involving other divisions within QBE
*Identify and manage new business opportunities through entire evaluation process, including due diligence efforts
*Collaborate with Program Administrators to underwrite the most largest and most complex insurance risks in accordance with Corporate and department strategic guidelines to meet business objectives, including negotiating rates, terms, and conditions for existing and new business, managing production and issuance of contract documentation, ensuring compliance with internal and external regulations and guidelines, and ensuring review and contribution to the business plan and objectives
*Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility
Required Education
* Bachelor's Degree or equivalent combination of education and work experience
Required Experience
* 10+ years relevant experience
Preferred Competencies/Skills
* Build and capitalize on beneficial internal and external relationships
*Establish and maintain effective, trusting and respectful relationships with customers in a matrix environment
*Build and establish constructive and cooperative working relationships and open lines of communication
*Effectively and efficiently present logic, reasoning, and analysis to others
*Negotiate skillfully in tough situations with both internal and external groups to settle differences with minimum noise
*Collaborate with people at executive levels inside and outside the organization to accomplish a common goal
*Understand the potential intended and unintended consequences of a given decision, both small-scale and on the organization as a whole
*Effectively present thoughts to key stakeholders at the executive level to influence adoption of recommendations
*Sales acumen and ability to engage and connect with new business prospects
*Understand the needs and goals of a customer and actively look for ways to meet them
*Utilize effective interpersonal, verbal and written communication
*Guide oneself with little or no supervision, and depend on oneself to get things done
*Leverage business and financial expertise
Preferred Education Specifics
* Degree in Business Administration, Economics, Information Management, Computer Science or related field
Preferred Experience
* Direct underwriting experience and experience with assigned program(s)
Preferred Knowledge
* Events affecting the industry, including understanding of competition and the marketplace for assigned program(s)
*Advanced understanding and knowledge of underwriting methodologies and best practices
*Advanced understanding and knowledge of organizational underwriting guidelines and standards
*Advanced understanding of laws and regulations relevant to underwriting standards, processes and procedures
*Understanding and knowledge of terminology, concepts and principles related to business planning and strategic planning
*Advanced understanding and knowledge of market trends and current organizational strategies
*Strong business acumen including interpretation and understanding of financial statements and program trust accounts
QBE Cultural DNA
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... For full info follow application link.
Equal Employment Opportunity
The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.
