QBE Insurance · 5 months ago
AVP, Underwriting - Financial Institutions
USA - IL - Chicago
Full-time
Hybrid
Mid Level
$158K/yr - $238K/yrQBE Insurance is a leading company in the insurance industry, and they are seeking an AVP, Underwriting for Financial Institutions. The role involves underwriting complex new and renewal business, building broker relationships, and contributing to the profitability and growth of the management liability portfolio in the Central region.
Insurance
No H1B
U.S. Citizen Only
Responsibilities
Contribute to the achievement of operational objectives for the underwriting function and/or business unit
Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
Provide efficient and timely service to brokers and clients
Evaluate risk for new business in accordance with standards, to ensure profitable growth
Motivate and develop the team by demonstrating good leadership behaviors and management best practice
Initiate and maintain product and rating development by communicating with internal business partners
Collaborate with senior department leaders and key stakeholders to influence strategy development
Measure and optimize portfolio progress by reviewing and analyzing underwriting data
Build and maintain relationships with current and potential customers by providing quality customer service
Qualification
Required
Moderate relevant experience
Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
Provide efficient and timely service to brokers and clients
Evaluate risk for new business in accordance with standards, to ensure profitable growth
Motivate and develop the team by demonstrating good leadership behaviors and management best practice
Initiate and maintain product and rating development by communicating with internal business partners
Collaborate with senior department leaders and key stakeholders to influence strategy development
Measure and optimize portfolio progress by reviewing and analyzing underwriting data
Build and maintain relationships with current and potential customers by providing quality customer service
Analytical Thinking
Communication
Critical Thinking
Decision Making
Financial Management
Insurance Underwriting
Intentional collaboration
Managing performance
Policy Development
Portfolio Management
Problem Solving
Product Management
Risk Management
Stakeholder Management
Strategic Leadership
Preferred
Significant underwriting experience in the insurance industry, including operations, sales, underwriting, and claims
Established customer/broker relationships
Use of risk profiling, pricing tools, and loss models
Financial Institutions D&O/E&O underwriting experience
Level 2-3 underwriting authority
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
Company
QBE Insurance
At QBE we’re driven by our purpose of enabling a more resilient future.
Founded in 1886
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Vincent P. DiFiglia
CTO - Enterprise Architecture
Amanda Phillips
Lead Communications Partner
Recent News
Business Recorder
2025-08-29
2025-08-28
2025-08-13
Company data provided by crunchbase