Underwriting Manager - South Region - Miscellaneous Medical & Life Sciences

About the role

To underwrite a Miscellaneous Medical account within the Healthcare team 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. Manage a team of underwriters.

Responsibilities

• Develop and oversee the underwriting of a profitable Miscellaneous Medical portfolio with a focus on the South Region.
• 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 business, whilst working with direct reports to assist them to do the same.
• Monitor premiums, costs and claims ratios throughout the portfolio and take corrective measures if necessary to ensure long term profitability.
• Monitor underwriters in their daily work to ensure profitability as well as efficient and cost-effective administration of the account.
• Work closely with claims managers to ensure team are aware of profitability and claims trends.
• Develop and underwrite a profitable portfolio of Miscellaneous Medical business as part of the Healthcare team.
• 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 and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the Miscellaneous Medical team, Healthcare and Specialty Risks.
• Comply with Beazley’s underwriting control standards for business written through Lloyd’s, Beazley Insurance Company Inc or Beazley’s internal MGAs.
• 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.
• Maintenance of good business relationships with brokers.
• Maintain awareness of overall Beazley product range and take advantages of opportunities to introduce other Beazley products to clients.
• Provide leadership, direction and support to the team.
• Foster a spirit of inclusion, teamwork and unity that reflects Beazley’s overall workplace culture, values and appreciation of the benefits of diversity.
• Act as a manager, mentor and coach to direct reports to enable them to fulfil their potential and ensure continuous development of them and their wider team.
• Ensure direct reports are supported in contributing to the delivery and achievement of the overall team and business objectives.
• Provide effective performance feedback on a regular basis, ensuring employees are recognised and rewarded for their contribution. Conversely, providing