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QBE Insurance Group Limited

Next Generation Associate Underwriter Accident & Health

Entry-Level JobVerifiedNo experience needed

Career Insights for Insurance Underwriter (General)

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Based on Massachusetts data

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What they do

An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.

$86,428 / year median in Massachusetts

-10% projected decline

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Job Description

Primary Details Time Type:
Full time
Worker Type:
Employee The Opportunity:
The purpose of this role is to support Accident & Health (A&H) underwriters in preparing quotes, following up with producers, and reviewing plan changes and amendments. You'll work closely under supervision to build a strong foundation in A&H underwriting principles and operations. As a participant in QBE's Next Generation Underwriting Program, you'll gain real-world experience as an Associate Underwriter, sharpen your interpersonal skills, and engage in an accelerated training curriculum that prepares you for a long-term career in underwriting within a global and diverse environment. This is a year-long program based in Marblehead, Massachusetts, where you'll receive immersive, hands-on training and shadowing opportunities with our expert A&H underwriting team. The goal is to equip you with the skills and confidence to transition into an independent underwriting role by the end of the program. Upon successful completion, participants will transition into roles at one of our satellite A&H underwriting offices located in Plano, TX, Edina, MN, or Marblehead, MA. Therefore, candidates must have ties to one of these locations, as relocation support is only offered for the first year in Marblehead.
Location:
Marblehead, MA Work Arrangement:
This position is based full-time in our office and requires on-site attendance.
The pay rate:
$41.50 Your New Role Support the build upon product, system and process knowledge. Review the recommendations made based on QBE's appetite, pricing, coverage, and conditions of new business. Support the management of an assigned book of business under the supervision of a Senior Associate and Underwriter. Maintain and develop relationships with assigned select brokers. Evaluate risk on current customers and prospects. Provide a timely and professional level of service to internal and external customers. Assist with the review and analysis of the portfolio to evaluate progress toward business objectives and identify opportunities. Consistently adhere to underwriting compliance with business and regulatory requirements. Support the execution of timely and efficient underwriting activities by following established guidelines.
Required Qualifications:
Bachelor's Degree or equivalent combination of education and work experience
Preferred Experience:
Experience with underwriting and insurance coursework. Working knowledge of Microsoft Word, Excel and Outlook Principles and processes for providing customer service Terminology, function and fundamental capabilities of common computers, software, information and communication technology devices, components, and concepts
Compensation Package:
The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.
QBE Benefits:
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to: 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 To learn more, click here: Benefits | QBE US . Why QBE? 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 center 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 our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact. Join us now, so you can be part of our success
  • and we can be part of yours!
QBE North America | LinkedIn QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.
Equal Employment Opportunity:
QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status. This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship. Supplementary information
Skills:
Analytical Thinking, Backlog Management, Communication, Critical Thinking, Customer Service, Data Entry, Financial Advising, Insurance Underwriting, Intentional collaboration, Managing performance, Policy Compliance, Risk Management, Stakeholder Management, Underwriting Support How 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.