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Provide underwriting and wordings support to assigned Beazley Digital and Specialty Risks teams or focus groups and general support across Beazley Digital, Specialty Risks and other Beazley trading teams as necessary.
Job Responsibility:
Primary focus is on drafting policy wordings and endorsements to support business/underwriting objectives of the assigned Beazley Digital and Specialty Risks teams/focus groups
Primary focus is to support the European Underwriters across Multi-Lines including Management Liability, Professional Liability - both large risk and mass risk
Line manage direct reports
Assist with regulatory projects where there is wordings impact
Assist the focus groups in addressing coverage issues raised in the underwriting and negotiation process to assist in successful closing of business opportunities
Assist the focus groups in achieving sales and service goals by providing high quality and timely response to queries raised
Providing support and advice on underwriting, product development, and coverage issues
If qualified, review confidentiality agreements, warranty statements and other agreements as needed for US/UK/RoW Beazley Digital and Speciality Risks Underwriters in order to engage in the underwriting process
Assist Beazley Digital and Specialty Risks underwriters in addressing bespoke coverage requests
requires interaction with Brokers, Insureds, other key external stakeholders (e.g. external counsel)
Support the trading team to facilitate an organised knowledge management and sharing process
Coordinate projects and work collaboratively with other key stakeholders internally, including but not limited to Compliance, Claims, Conduct Risk, UW Controls and Operations, Beazley Digital, Specialty Risks, Marketing and IT
Monitor competitive landscapes for the continuous improvement or wordings and underwriting controls
Participate in Team/Focus Group business planning, away days, broker/client meetings and other marketing events, as required and appropriate
Provide assistance with additional projects and/or legal services (if qualified) for Business Management, Beazley Digital, Specialty Risks or other Beazley teams, as needed
Monitor claims developments and impact of wording on claims
Comply with Beazley procedures, policies and regulations including the code of conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management
Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups
Requirements:
Law Degree preferred
European Legal qualification preferred
Organised and detailed oriented
Computer skills – good working knowledge of MS office
Ability to communicate effectively with others, both verbally and in writing
Self-motivated team worker who is also able to work on own initiative
Proven ability to manage time, meet deadlines, and prioritise
Able to maintain standards and professionalism during periods of fluctuating workloads
Relevant professional level experience required
Insurance-related experience preferred
Strong client service skills required
Knowledge and experience of Professional and/or General Liability, Architects and Engineers or Healthcare
Task-focused, self-motivated and flexible
Consistently professional approach
Able to successfully interact with managers/underwriters/colleagues/external suppliers