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To direct and manage the International Miscellaneous Medical & Life Sciences teams and products within Healthcare. To deliver and execute the annual business plan, set and direct forecasts. To underwrite an International Miscellaneous Medical & Life Sciences account within the Healthcare 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.
Job Responsibility
To direct and manage the International Miscellaneous Medical & Life Sciences teams and products within Healthcare
To deliver and execute the annual business plan, set and direct forecasts
To underwrite an International Miscellaneous Medical & Life Sciences account within the Healthcare 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
Responsibility for management of the International Miscellaneous Medical & Life Sciences team including business planning and underwriting
Develop and implement business strategies for the teams in agreement with the Head of Healthcare
Plan, direct, co-ordinate and maintain the team to achieve business objectives and target profitability
Monitor the portfolio and take corrective measures if necessary to ensure long-term profitability
Ensure that own and team activities comply with all relevant company, regulatory and legal requirements
Encourage, motivate and manage direct reports
Deliver team responsibilities as delegated by the head of Healthcare
Provide proactive oversight of International Miscellaneous Medical & Life Sciences underwriting and related functions within the Healthcare team
Active member of the Healthcare management team
Develop and underwrite a profitable portfolio of International Miscellaneous Medical & Life Sciences business as part of the Healthcare team
Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy
Monitor premiums, costs and claims ratios per contract
Evaluate appropriate risk premium
Monitor peer underwriters
Monitor and supervise assistants
Comply with Beazley’s underwriting control standards
Develop a good working relationship with the claims managers
Advise, assist and service clients
Foster positive relationships with clients
Maintenance of good business relationships with brokers
Maintain awareness of overall Beazley product range
Provide leadership, direction and support to the team
Foster a spirit of inclusion, teamwork and unity
Act as a manager, mentor and coach to direct reports
Ensure direct reports are supported
Provide effective performance feedback
Maintain transparent and effective communication
Encourage knowledge sharing and effective delegation
Work with other team managers
Encourage direct reports to think proactively about their careers
Work with People & Sustainability as appropriate
Leverage networking opportunities
Develop best practice and disseminate business and class knowledge
Work with peers within Healthcare and Specialty Risks
Share and gather knowledge within the Beazley Group
Production of presentations and marketing literature as required
Production of business plans/research documents as required
Comply with Beazley procedures, policies and regulations
Undertake training
Display business ethics
Ensure all interactions with customers are focused on delivering a fair outcome
Comply with any specific responsibilities
Carry out additional responsibilities as individually notified
Requirements
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
Ability to manage time, meet deadlines and prioritise
Good people management skills
Extensive experience in insurance industry
Extensive experience of Miscellaneous Medical & Life Sciences underwriting
Thorough knowledge of underwriting policy, philosophy and practice
Advanced knowledge of underwriting processes and systems
Client service experience
Results 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