Underwriter - Safeguard

About the role

To underwrite a US Executive Risk account within Specialty Risks and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand.

Key Responsibilities

• Underwrite a profitable portfolio of US Executive Risk business as part of Specialty Risks.
• 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 develop non-insurance service offerings to insureds and others.
• Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.
• 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, Beazley's subsidiaries or 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 advantages 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 US Executive Risk account as required.

Personal Specification

• Skills & Abilities: Proficient underwriting skills, accurate and numerate, strong analytical skills with attention to detail, able to communicate effectively with others, both verbally and in writing, able to manage time, meet deadlines and prioritize, motivational skills.
• Knowledge & Experience: General commercial and financial knowledge, experience in insurance industry, experience of US Executive Risk underwriting or broking, thorough knowledge of underwriting policy, philosophy and practice, advanced knowledge of underwriting processes and systems, client service experience.
• Aptitude & Disposition: Result focused, self-motivated, flexible and enthusiastic, professional approach to interact successfully with managers/colleagues/external suppliers, team worker as well as able to work on own initiative, customer focused, with a strong ethic of service and fairness to the customer.