Jobs · Finance · Florida

Underwriter - International Specialties, Latin America

Beazley · Miami, FL · 1 mo ago
Finance$100k–$150k/yrFull-time

About the role

To underwrite a Financial Lines account within the International Specialties team and provide counsel and advice on underwriting and market issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand.

Responsibilities

  • Underwrite a profitable portfolio of Financial Lines business as part of the International Specialties team.
  • Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing.
  • Maintain and improve market reputation of the Beazley brand.
  • Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable.
  • Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
  • Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost-effective administration of the Latin America Financial Lines account.
  • Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Specialty Risks.
  • Comply with Beazley’s underwriting control standards for business written through Lloyd’s or Beazley’s internal MGAs.
  • Develop a good working relationship with the claims managers on this class of business.
  • Advise, assist and service clients on insurance and risk matters to ensure clients’ satisfaction.
  • Foster positive relationships with clients to get a mutual understanding of both their and Beazley’s needs.
  • Maintain awareness of overall Beazley product range and take advantage of opportunities to introduce other Beazley products to clients.
  • Leverage networking opportunities within the business to develop standardised underwriting policy and best practice within Beazley.
  • Share and gather knowledge within the Beazley Group to ensure dissemination of best practice and maximise business opportunities and profitability across the Group.
  • Production of presentations and marketing literature as required.
  • Production of business plans/research documents for the Latin America Financial Lines account as required.

    Requirements

    Minimum graduate level education.

    General commercial and financial knowledge.

    Possess underwriting ability.

    Accurate and numerate.

    Computer skills – good working knowledge of MS Office, advanced Excel skills.

    Strong analytical skills with attention to detail.

    Able to communicate effectively with others, both verbally and in writing.

    Motivational skills, team worker as well as able to work on own initiative.

    Able to manage time, meet deadlines and priorities.

    Fluent in Spanish, and ideally also in Portuguese.

    Extensive experience of Financial Lines underwriting.

    Good knowledge of one or more of Beazley’s key markets within Latin America.

    Thorough knowledge of underwriting policy, philosophy and practice.

    Advanced knowledge of underwriting processes and systems.

    Client service experience.

    Aptitude and Disposition.

    Results focused, self-motivated, flexible and enthusiastic.

    Professional approach to interact successfully with managers / colleagues / external suppliers.

    Qualifications

    Education and Qualifications.

    Skills And Abilities.

    General commercial and financial knowledge.

    Possess underwriting ability.

    Accurate and numerate.

    Computer skills – good working knowledge of MS Office, advanced Excel skills.

    Strong analytical skills with attention to detail.

    Able to communicate effectively with others, both verbally and in writing.

    Motivational skills, team worker as well as able to work on own initiative.

    Able to manage time, meet deadlines and priorities.

    Fluent in Spanish, and ideally also in Portuguese.

    Extensive experience of Financial Lines underwriting.

    Good knowledge of one or more of Beazley’s key markets within Latin America.

    Thorough knowledge of underwriting policy, philosophy and practice.

    Advanced knowledge of underwriting processes and systems.

    Client service experience.

    Aptitude and Disposition.

    Results focused, self-motivated, flexible and enthusiastic.

    Professional approach to interact successfully with managers / colleagues / external suppliers.

    Skills

    General commercial and financial knowledge.

    Possess underwriting ability.

    Accurate and numerate.

    Computer skills – good working knowledge of MS Office, advanced Excel skills.

    Strong analytical skills with attention to detail.

    Able to communicate effectively with others, both verbally and in writing.

    Motivational skills, team worker as well as able to work on own initiative.

    Able to manage time, meet deadlines and priorities.

    Fluent in Spanish, and ideally also in Portuguese.

    Extensive experience of Financial Lines underwriting.

    Good knowledge of one or more of Beazley’s key markets within Latin America.

    Thorough knowledge of underwriting policy, philosophy and practice.

    Advanced knowledge of underwriting processes and systems.

    Client service experience.

    Aptitude and Disposition.

    Results focused, self-motivated, flexible and enthusiastic.

    Professional approach to interact successfully with managers / colleagues / external suppliers.

    Benefits

    The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization.

    An attractive base compensation and discretionary performance related bonus.

    Competitive medical, dental and vision insurance.

    Company paid life, and short- and long-term disability insurance.

    A 401(k) plan with 5% company match and immediate vesting.

    Up to $700 reimbursement for home office setup.

    Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance.

    Up to 26 weeks of fully paid parental leave.

    Up to 2.5 days paid annually for volunteering at a charity of your choice.

    A flexible working policy, trusting our employees to do what works best for them and their teams.

    Salary for this role will be tailored to the successful individual’s location and experience.

    The expected compensation range for this position is $100,000 - $150,000 per year plus discretionary annual bonus.

    Pay

    $100,000 - $150,000 per year plus discretionary annual bonus.

    Schedule

    Not specified.

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