SeniorFull TimeEN
Responsible for underwriting activities and P&L responsibility of the Hong Kong Marine Cargo portfolio.
Managing a team of product specialists that support all channels (agency, direct, local brokers and MTP)
Managing Underwriting relationship with intermediaries and business partners in the area of underwriting service delivery, product development and innovation.
Managing overall business relationship with Major Trading Partners (MTP) and brokers in the area of Growth & Profitability (GWP) growth.
Ensure the ongoing technical development of underwriters in line with staff development plans and ideal DAL state.
Ensure the team’s awareness of the business plan and it’s context, to be able to make decisions appropriately
Apply the reinsurance strategy in order to safeguard the portfolio
Adhere to underwriting standards, instructions and good practice to minimize risk and maximize efficiency
Provide technical expert support to the identification of issues and opportunities within area of Expertise
Demonstrate understanding and awareness of market dynamics and market cycle to drive and enhance business performance
Assist in managing resources across the team to ensure business requirements are achieved
Positively promote the department, division and company as a whole, in order to maximize brand leverage
Contribute to the development of the team’s business plan in order to maximize productivity and performance
Establish strong relationships with stakeholders including customers, brokers, business partners and colleagues, to maximize influence and achieve business objectives
Underwrite complex 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; compliance of production and issue of contract certainty documentation ensuring compliance with internal and external regulations and guidelines ensuring contribution to the business plan and objectives, and support credit control in payment collection
Manage the team and act as a role model and demonstrate good leadership behaviors
Support the divisional underwriting function to actively manage talent (attract, recruit, develop and retain) to build people capability for the future (succession planning)
Key Performance Indicator: Growth & Profitability - GWP including Renewal and New Business vs. Plan, GWP per Underwriter, NCOR % and UW profit for Corporate channel, Renewal retention rate and New Business pipeline in Salesforce, APTP / Rate Adequacy
Key Performance Indicator: MTP and Broker Servicing & Satisfaction - Broker survey results
Key Performance Indicator: Achieve overall local underwriting governance requirement and internal audit, Cell reviews completed timely each month, required actions identified and monitored until complete, Appropriate reporting in place across all portfolios to cover off GUC requirements and allow for active portfolio management
Has relationship management experience and communication skills with MTP in HK
Analytical and research skills
Great negotiation and problem-solving skills
Excellent interpersonal and communication skills
Ability to analyze data use for decision-making
Established customer/broker relationships
Broad insurance industry knowledge
Excellent understanding of class specific underwriting and development reinsurance knowledge
Understanding of relevant market conditions
What if you could have a positive impact – at work and in the world?
At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the centre of our success.
Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And with more than 13,000 people working across 27 countries, our scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.
QBE Asia’s operations is part of the QBE International Division, and has had a presence in Asia for more than 130 years with offices in: Singapore, Hong Kong & Macau, Malaysia and Vietnam. We continue to be recognised for our ongoing focus on digital innovation to deliver exceptional value and operational excellence for our customers, business partners, people and the community. We support ESG efforts through the QBE Foundation, which helps to create strong, resilient and inclusive communities, by focusing investment and efforts on two key areas where we believe we can have the greatest impact – climate resilience and inclusion.
Excited to share our comprehensive benefits package at QBE! 🌟
🌟 Flex and hybrid working options
🏡 Work from home policy
👨👩👧 Paternity leaves matching with maternity leave
🧘♀️ Well-being programs
💰 Pensions
🩺 Medical benefits
🌍 Globally, access to online learning via LinkedIn Learning
👪 On top of annual leaves, 3 additional days off (Family care leaves)
📚 Study leave
💍 Marriage leave
🎁 Internal Appreciation program with points to redeem nice merchandize and life experiences
Join us and enjoy a work environment that values your well-being and personal growth! 🌟 #EmployeeBenefits #WorkLifeBalance #CareerDevelopment
Join us now, so you can be part of our success – and we can be part of yours.
Your career at QBE — Let’s make it happen.
Skills:
Analytical Thinking, Communication, Critical Thinking, Customer Value Management, Decision Making, Insurance Underwriting, Intentional collaboration, Managing performance, Negotiation, Policy Development, Portfolio Management, Problem Solving, Risk Management, Strategic Leadership, Waterfall ModelHow 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.