Job Overview & Organization Mission

Underwrite complex commercial real estate, industrial infrastructure, and corporate property risks with high delegated authority at QBE Insurance.

QBE Insurance is hiring an experienced Senior Commercial Property Underwriter to join our Corporate Commercial team at 388 George Street, Sydney. You will manage a high-value commercial property portfolio, evaluate risk engineering surveys, negotiate policy terms with leading insurance brokerages, and write profitable underwriting outcomes for tier-1 Australian property assets.

As a key member of the team at QBE Insurance in Sydney, NSW, you will play a central role in driving excellence, upholding top-tier Australian industry standards, and contributing directly to the strategic milestones of one of the nation’s premier employers.

Key Duties & Core Responsibilities

In this critical role, your operational duties and key performance responsibilities will encompass:

• Assess, underwrite,: Assess, underwrite, and price complex commercial property risks including high-value office towers, industrial logistics, and manufacturing plants.
• Negotiate policy: Negotiate policy terms, exclusions, deductible structures, and reinsurance treaty placements with international brokerages (Aon, Marsh, WTW).
• Review risk: Review risk engineering inspection reports and collaborate with clients to implement risk improvement warranties.
• Maintain strong: Maintain strong portfolio profitability, monitoring loss ratios, rate adequacy, and catastrophic exposure limits.
• Mentor junior: Mentor junior underwriters and contribute to national commercial underwriting guidelines.

Required Qualifications, Licenses & Experience

To be successful in this position at QBE Insurance, candidates are expected to satisfy the following essential selection criteria:

• Mandatory Qualification: Tertiary degree in Business, Commerce or ANZIIF Senior Associate / Fellow qualification.
• Relevant Experience: Minimum 5+ Years of verified industry experience in Australia or recognized overseas equivalence.
• 5+ years of dedicated commercial property underwriting experience in the Australian or Lloyd’s insurance markets.
• Demonstrated experience handling large underwriting authorities ($25M+ limits).
• ANZIIF Senior Associate CIP or equivalent recognized insurance industry qualification.
• Exceptional broker relationship management, negotiation, and analytical decision-making skills.

Core Competencies & Key Technical Proficiencies

The successful applicant will possess demonstrated capabilities across the following domain skill sets:

Salary, Compensation & Employee Benefits

At QBE Insurance, we understand that our people drive our achievements. An outstanding remuneration and wellbeing package is provided in line with Australian benchmarks:

• Competitive Remuneration: AU$135,000 – AU$165,000 per year + standard Australian Superannuation (11.5%).
• Remuneration $135,000 – $165,000 + performance bonus + superannuation.
• State-of-the-art George Street headquarters in Sydney CBD with flexible hybrid working.
• Extensive corporate wellness programs, paid volunteer days, and global travel insurance perks.
• Leave Entitlements: 4 weeks annual leave (with 17.5% annual leave loading where applicable) plus 10 days paid personal/carer’s leave.
• Flexible Work: Progressive work-life balance options with supportive corporate culture and leadership development pathways.

About the Employer: QBE Insurance

QBE Insurance is an Australian-headquartered international insurer and reinsurer, delivering commercial insurance solutions across 27 countries.

QBE Insurance is deeply committed to building diverse, equitable, and culturally inclusive work environments. We proudly celebrate diversity and welcome applications from all qualified individuals including First Nations Australians, people with disabilities, and candidates from culturally and linguistically diverse backgrounds.

Application Process & Next Steps

Applications for this position are currently open and being reviewed on a rolling basis. Suitable candidates are encouraged to apply as early as possible before the published closing date.

Please prepare an updated Curriculum Vitae (CV) and a tailored Cover Letter highlighting your relevant experience against the key selection criteria outlined above.

To proceed with your application, click the Apply on Employer Site button to access the official QBE Insurance careers gateway.