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Underwriter - Hull and War

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Social Value Portal Ltd

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Location:
United Kingdom , London

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Category:
Insurance

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

Join Beazley as an Underwriter in our Marine Hull and War team! This is an outstanding opportunity to become a key player in our Hull and War Team, where you will apply your expertise to provide innovative underwriting solutions. Your role will be pivotal in improving our market reputation and delivering outstanding service to our clients.

Job Responsibility:

  • Develop and underwrite a profitable portfolio of Hull and War business within the Hull and War group
  • Structure solutions by considering team underwriting parameters and policies
  • Use underwriting knowledge and experience to win new business and retain existing clients
  • Monitor premiums, costs, and claims ratios per contract, taking corrective measures if necessary to ensure long-term profitability at the account level
  • Evaluate risk premiums by considering risk costs, reinsurance cessions, capital exposure, and general administration costs, using applicable rating models
  • Coordinate peer underwriters' activities to ensure profitability and efficient, cost-effective administration of the Hull and War account
  • Supervise assistants to ensure compliance with underwriting philosophy and policy, maintaining consistency within the team
  • Adhere to Beazley's underwriting control standards for business written through Lloyd's or Beazley's internal MGAs
  • Champion a collaborative relationship with the claims managers on this class of business
  • Produce business plans and research documents for the M&A account as needed

Requirements:

  • Minimum graduate-level education
  • Proven experience underwriting marine insurance

Nice to have:

  • Accurate and numerate
  • Proficient with MS Office, advanced Excel skills
  • Strong analytical skills with keen attention to detail
  • Effective communicator, both verbally and in writing
  • Excellent time management skills, capable of prioritising tasks
  • General commercial and financial knowledge
What we offer:
  • Attractive base compensation and discretionary performance related annual bonus
  • Private medical insurance coverage for both you and your dependents
  • Company paid life assurance and long term disability insurance
  • Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
  • 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year
  • Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
  • Up to £550 reimbursement towards home office setup
  • Free in-office lunch and monthly lifestyle allowance
  • Monthly travel allowance or annual season ticket
  • The opportunity to save for, and purchase, shares of Beazley stock
  • Six months fully paid parental leave, regardless of how you come to parenthood
  • Company paid sabbatical up to 12 weeks after 10 years of continued service
  • Support with exam/study leave and fees for relevant qualifications related to furthering education
  • Smart working policy and flexible working culture

Additional Information:

Job Posted:
January 25, 2026

Employment Type:
Fulltime
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