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Primary Details

Time Type: Full time

Worker Type: Employee

QBE Re is the reinsurance arm of QBE Insurance Group, operating globally to deliver tailored risk solutions across a wide range of sectors. Our Brussels office plays a strategic role in supporting international operations combining local market insight with the strength of a global network. We foster a collaborative and inclusive culture, where innovation and expertise drive impactful outcomes for our clients and partners.

The opportunity:

We have an exciting opening within our Life Reinsurance team in Brussels to support the global growth of our portfolio. This role will report directly to our Head of Underwriting & Global Product Head.

This is a unique opportunity to join a dynamic and collaborative environment where your expertise will help shape the future of our business.

Initial placement is in Brussels, with potential for future relocation to other QBE Re offices.

The applicant will assist the Head of Underwriting & Global Product Head with strategic initiatives, including:

• Assist in strategic initiatives, including market exploration, development, and participation in industry conferences.
• Internal reporting and strategy development
• Collaborate with internal teams (reserving, capital modelling, portfolio optimization, finance, actuarial, audit) to ensure life reinsurance portfolio requirements are integrated.
• Develop innovative products, pricing methodologies, and underwriting approaches for new markets.
• Support the quotation and pricing of large or complex life reinsurance deals, leveraging advanced life reinsurance pricing expertise.
• Monitor the life portfolio and manage retrocession placements.

Your role:

Primary Responsibilities

-Being able to support the quote of large or non-standard life deals. Life reinsurance pricing knowledge is a must.

-Travel and visiting both existing markets (in Latam and Europe) and potential new markets across the world.

-Build and maintain an international network of life reinsurance contacts and expertise.

-Contribute to the delivery of the annual business plan for the respective business unit by making appropriate decisions

-Apply the reinsurance strategy in order to safeguard the portfolio

-Participate in all relevant meetings in order to share and develop strategy, knowledge and best practice

-Promote QBE Re’s brand and values in all professional interactions.

-Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met

-Ensure compliance with underwriting standards, legal, and regulatory requirements.

-Ensure the recording and measurement of reinsurance risks, (including delegated underwriting authorities if relevant) to ensure accuracy and good practice

-Understand and comply with any retrocession requirements to minimize risk and to deliver business plan objectives

-Establish, strengthen and develop relationships with stakeholders including customers, brokers, business partners and colleagues to maximize influence and achieve business objectives

-Demonstrate an understanding and awareness of market dynamics and market cycle to enhance business performance

-Maintain expertise and team knowledge through identifying appropriate learning and development activities

-Underwrite reinsurance risks in accordance with the business plan and the delegated underwriting 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 | Support credit control in payment collection

-Participate in the review and analysis of the portfolio to identify progress toward business objectives

-Ensure entries are properly and promptly recorded on EO systems to ensure accuracy of data in relation to: | Underwriting | Aggregate exposures

-Contribute to the aggregate management and peer review processes to encourage and develop excellence

-Motivate and coach team members to ensure the relevant knowledge and expertise is shared for their continuing personal and professional development

Preferred Competencies/Skills

•Minimum 5-15 years of experience in life reinsurance

•Being a Life Actuary is a +

•Strong commercial acumen and desire to develop commercial expertise

•A high level of numeracy and literacy; strong organizational, prioritization and analytical skills

•Willingness to travel internationally

•Excellent interpersonal, communication, and negotiation abilities.

•Attention to detail with a strategic, global perspective.

•Strong attention to detail with ability to have a global view on the portfolio

•High level of autonomy, creativity, positive attitude and entrepreneurial mindset

•Minimum C1 level English proficiency; additional languages are an asset.

Preferred Knowledge

•In-depth understanding of life reinsurance underwriting and market conditions.

•Proven knowledge of relevant market conditions for specific class/portfolio

•Good knowledge of relevant QBE underwriting systems

•Intermediate level understanding of relevant software including Excel and other departmental software packages

•Good knowledge of legal and regulatory requirements

•Understanding of QBE underwriting processes and procedures.

« Si vous souhaitez recevoir cette description de poste en français, veuillez contacter Karina de Thoury à l’adresse karina.dethoury@qbe.com, qui vous l’enverra. »

« Als u deze functiebeschrijving in het Frans wilt ontvangen, neem dan contact op met Karina de Thoury via karina.dethoury@qbe.com, die u deze zal toesturen. »

Why QBE?

Working for us. Working for you.

We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. Working for us. Working for you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA - because we know it’s not just what we do that matters, it’s how we do it that makes the difference.

Balancing work and life is important so our flexible working opportunities are open to all. We want to foster an environment where flexible working is encouraged, while ensuring the job gets done and our customers receive a seamless experience

Benefits

We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances.

Awards & Recognition

We value our employee’s experience with us and are proud to have been recognised for the following awards:

• Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year,

  Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance

• AXCO Global Insurance Awards 2024 Winner: Network Management of the Year

• Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer

• UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year

• Working Dads Employer Awards 2023 Winner: Parental Policies Award

• Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee

Apply now and let’s make it happen!

If you’re looking for a career that combines your expertise and your empathy, click Apply today.

Your career. At the heart of it.

Skills:

Business Management, Collaboration Tools, Commercial Acumen, Communication, Critical Thinking, Decision Making, Detail-Oriented, Insurance Underwriting, Intentional collaboration, Managing performance, Portfolio Management, Product Development, Regulatory Compliance, Risk Management, Stakeholder Management

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.