About the Role
Underwrite a US Executive Risk account within Specialty Risks, provide underwriting counsel and advice, offer technical expertise, and enhance Beazley's market reputation.
Responsibilities
- Develop and underwrite a profitable portfolio of US Executive Risk business.
- Structure tailor-made solutions using underwriting knowledge to win and retain business.
- Manage innovation and development of non-insurance service offerings.
- Monitor premiums, costs, and claims ratios, taking corrective measures for profitability.
- Evaluate appropriate risk premiums considering costs, reinsurance, and capital exposure.
- Monitor peer underwriters for profitability and efficient administration.
- Supervise assistants to ensure compliance with underwriting philosophy and policy.
- Comply with Beazley's underwriting control standards.
- Develop strong working relationships with claims managers.
- Advise, assist, and service clients on insurance and risk matters.
- Foster positive client relationships.
- Maintain good business relationships with brokers.
- Promote other Beazley products to clients.
- Develop standardized underwriting policy and best practice within Beazley.
- Disseminate business and class knowledge within US Executive Risk and Specialty Risks.
- Collaborate with peers to maximize business opportunities and profitability.
- Share and gather knowledge across the Beazley Group for best practice and profitability.
- Produce presentations and marketing literature.
- Produce business plans and research documents for the US Executive Risk account.
- Adhere to Beazley’s core values: Being Bold, Striving for Better, and Doing the Right Thing.
- Comply with Beazley procedures, policies, and regulations, including the code of conduct.
- Undertake required training on Beazley policies and procedures.
- Display business ethics upholding customer interests.
- Ensure customer interactions focus on fair outcomes.
- Comply with specific role responsibilities.
- Carry out additional assigned responsibilities.
Requirements
- General commercial and financial knowledge.
- Experience in the insurance industry.
- Experience in US Executive Risk underwriting or broking.
- Thorough knowledge of underwriting policy, philosophy, and practice.
- Advanced knowledge of underwriting processes and systems.
- Client service experience.
- Result-focused, self-motivated, flexible, and enthusiastic.
- Professional approach for interacting with managers, colleagues, and external suppliers.
- Ability to work effectively in a team and independently.
- Customer-focused with a strong ethic of service and fairness.
Skills
- Proficient underwriting skills.
- Accuracy and numeracy.
- Strong analytical skills with attention to detail.
- Effective verbal and written communication.
- Time management, deadline adherence, and prioritization.
- Motivational skills.
Work Type
- Flexible working policy
Experience Level
- Experience in the insurance industry.
- Experience in US Executive Risk underwriting or broking.
Salary/Compensations
- $100,000 - $135,000 per year plus discretionary annual bonus.
Benefits
- Competitively priced medical, dental, and vision insurance.
- Company-paid life, short-term, and long-term disability insurance.
- 401(k) plan with 5% company match and immediate vesting.
- 22 days PTO (prorated for the first calendar year).
- 11 paid holidays per year, with religious holiday flexibility.
- Up to $700 reimbursement for home office setup.
- Free in-office lunch.
- Travel reimbursement for office travel.
- Monthly lifestyle allowance.
- Up to 26 weeks of fully paid parental leave.
- Up to 2.5 paid days annually for volunteering.
- Flexible working policy.
About the Company
- Beazley has over 2,000 employees globally, with a diverse mix of cultures, experiences, and backgrounds.
- The company's core values are Being Bold, Striving for Better, and Doing the Right Thing.
- Beazley is an innovative and responsive organization, offering a friendly, collaborative, and inclusive working environment.
- The company fosters a supportive and dynamic workplace where employees can thrive.
- Beazley supports various Employee Networks: Beazley RACE, Beazley SHE, Beazley Proud, Beazley Wellbeing, and Beazley Families.
- The company encourages internal career progression through programs like Internal Pathways, iLearn, LinkedIn Learning, mentorship, external qualification sponsorship, continuing education, tuition reimbursement, and secondment assignments.
Equal Opportunity
- Beazley is committed to building a diverse, inclusive, and authentic workplace.
- The company actively encourages applications from all backgrounds.
- Beazley fosters a supportive and dynamic workplace where every employee can thrive.
- Candidates whose experience doesn't perfectly align with every requirement are encouraged to apply.
