Underwriter – Delegated Underwriting, Private Enterprise

• Develop and underwrite a profitable portfolio of International Delegated business as part of the Specialty Lines 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
• Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level
• 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 peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the International account
• Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Specialty Lines
• 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
• 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
• Leverage networking opportunities within the business to develop standardised underwriting policy and best practice within Beazley
• Develop best practice and disseminate business and class knowledge within the International Delegated and Specialty Lines team
• Work with peers within International Delegated and Specialty Lines teams to maximise business opportunities and profitability within the department. This will include but not be limited to sharing market information, marketing sources and cross selling opportunities
• 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 International Delegated account as required

• Minimum graduate level education
• Proficient underwriting skills
• 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
• Ability to manage time, meet deadlines and prioritise
• Ideally European language(s) in addition to English
• General commercial and financial knowledge
• Experience in insurance industry
• Experience of international professional indemnity underwriting
• 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 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
• Achievement drive
• Analytical thinking
• Strategic thinking
• Service focus
• Team working
• Forward thinking
• Conceptual thinking

Ideally European language(s) in addition to English