Beazley Group
Regional Manager - West Coast, Environmental
Beazley Group, San Francisco, California, United States, 94199
Overview
Job Title:
Regional Manager - West Coast, Environmental Division:
Specialty Risks Reports To:
As per Beazley’s organisation chart Key Relationships:
Brokers, Underwriters, Claims staff, Coverholders, external Clients and Suppliers Job Summary:
To underwrite an Environmental account within the Professions, Environmental and Mergers & Acquisitions (PEMA) team and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand. This role will also lead the West Coast region for the Environmental team.
If your skills, experience, and qualifications match those in this job overview, do not delay your application. Key Responsibilities Underwriting
Responsible for managing a team of underwriters and a book of business.
Work with the Focus Group Leader to strategize and execute plans for the entire region.
Assist with managerial responsibilities within the region, including business planning, forecasting, broker initiatives / RFPs, and external / internal trainings.
Develop and underwrite a profitable portfolio of Environmental business as part of the PEMA 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 Environmental account.
Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team, PEMA and Specialty Risks.
Comply with Beazley’s underwriting control standards for business written through Lloyd’s, Beazley’s subsidiaries or Beazley’s internal MGAs.
Develop a working relationship with the claims managers on this class of business.
Client Management
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.
Team Leadership
Provide leadership, direction and support to the team.
Foster a spirit of inclusion, teamwork and unity that reflects Beazley’s workplace culture, values and appreciation of diversity.
Act as a manager, mentor and coach to direct reports to enable them to fulfil their potential and ensure continuous development of them and their wider team.
Ensure direct reports are supported in contributing to the delivery and achievement of the overall team and business objectives.
Provide effective performance feedback on a regular basis, ensuring employees are recognised and rewarded for their contribution. Address poor performance and take disciplinary action as appropriate.
Maintain transparent and effective communication through department meetings, one-to-one meetings, email etc.
Encourage knowledge sharing and effective delegation to minimise key person dependencies.
Work with other team managers ensuring team resources overall are effectively utilised and people are appropriately challenged.
Encourage direct reports to think proactively about their careers, signposting development and stretch opportunities for strong performers where possible.
Work with People & Sustainability as appropriate to escalate performance concerns ensuring set objectives are clear and measurable and progress is tracked accordingly.
General
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 Environmental team.
Work with peers within Environmental and PEMA to maximise business opportunities and profitability within the department. This will include 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 within the Group.
Production of presentations and marketing literature as required.
Production of business plans/research documents for the Environmental account as required.
It is important that within all your interactions both internally and externally you adhere Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:
Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA 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 objectives or through the learning management system. These may include membership of any Beazley committees or working groups.
Personal Specification Skills & Abilities
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
Knowledge & Experience
General commercial and financial knowledge
Extensive experience in insurance industry
Extensive experience of Environmental underwriting
Thorough knowledge of underwriting policy, philosophy and practice
Advanced knowledge of underwriting processes and systems
Client service experience
Aptitude & Disposition
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
Competencies
Achievement drive
Analytical thinking
Strategic thinking
Service focus
Team working
Developing people
Team leadership
Conceptual thinking
Forward thinking
Who We Are Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
Be bold
Strive for better
Do the right thing
Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & sustainability targets are testament to this.
We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Employee Networks Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:
Beazley RACE - Including, understanding and celebrating People of Colour
Beazley SHE - Successful, High potential, Empowered women in insurance
Beazley Proud - Our global LGBTQ+ community
Beazley Wellbeing - Supporting employees with their mental wellbeing
Beazley Families - Supporting families and parents-to-be
We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:
Internal Pathways (helping you grow into an underwriting role)
iLearn (our own learning & development platform)
LinkedIn Learning
Mentorship program
External qualification sponsorship
Continuing education and tuition reimbursement
Secondment assignments
The Rewards
The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
Attractive base compensation and discretionary performance related bonus
Competitively priced medical, dental and vision insurance
Company paid life, and short- and long-term disability insurance
401(k) plan with 5% company match and immediate vesting
22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs
Up to $700 reimbursement for home office setup
Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance
Up to 26 weeks of fully paid parental leave
Up to 2.5 days paid annually for volunteering at a charity of your choice
Flexible working policy, trusting our employees to do what works best for them and their teams
Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $200,000 - $225,000 per year plus discretionary annual bonus.
Note:
Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
#J-18808-Ljbffr
Job Title:
Regional Manager - West Coast, Environmental Division:
Specialty Risks Reports To:
As per Beazley’s organisation chart Key Relationships:
Brokers, Underwriters, Claims staff, Coverholders, external Clients and Suppliers Job Summary:
To underwrite an Environmental account within the Professions, Environmental and Mergers & Acquisitions (PEMA) team and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand. This role will also lead the West Coast region for the Environmental team.
If your skills, experience, and qualifications match those in this job overview, do not delay your application. Key Responsibilities Underwriting
Responsible for managing a team of underwriters and a book of business.
Work with the Focus Group Leader to strategize and execute plans for the entire region.
Assist with managerial responsibilities within the region, including business planning, forecasting, broker initiatives / RFPs, and external / internal trainings.
Develop and underwrite a profitable portfolio of Environmental business as part of the PEMA 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 Environmental account.
Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team, PEMA and Specialty Risks.
Comply with Beazley’s underwriting control standards for business written through Lloyd’s, Beazley’s subsidiaries or Beazley’s internal MGAs.
Develop a working relationship with the claims managers on this class of business.
Client Management
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.
Team Leadership
Provide leadership, direction and support to the team.
Foster a spirit of inclusion, teamwork and unity that reflects Beazley’s workplace culture, values and appreciation of diversity.
Act as a manager, mentor and coach to direct reports to enable them to fulfil their potential and ensure continuous development of them and their wider team.
Ensure direct reports are supported in contributing to the delivery and achievement of the overall team and business objectives.
Provide effective performance feedback on a regular basis, ensuring employees are recognised and rewarded for their contribution. Address poor performance and take disciplinary action as appropriate.
Maintain transparent and effective communication through department meetings, one-to-one meetings, email etc.
Encourage knowledge sharing and effective delegation to minimise key person dependencies.
Work with other team managers ensuring team resources overall are effectively utilised and people are appropriately challenged.
Encourage direct reports to think proactively about their careers, signposting development and stretch opportunities for strong performers where possible.
Work with People & Sustainability as appropriate to escalate performance concerns ensuring set objectives are clear and measurable and progress is tracked accordingly.
General
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 Environmental team.
Work with peers within Environmental and PEMA to maximise business opportunities and profitability within the department. This will include 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 within the Group.
Production of presentations and marketing literature as required.
Production of business plans/research documents for the Environmental account as required.
It is important that within all your interactions both internally and externally you adhere Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:
Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA 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 objectives or through the learning management system. These may include membership of any Beazley committees or working groups.
Personal Specification Skills & Abilities
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
Knowledge & Experience
General commercial and financial knowledge
Extensive experience in insurance industry
Extensive experience of Environmental underwriting
Thorough knowledge of underwriting policy, philosophy and practice
Advanced knowledge of underwriting processes and systems
Client service experience
Aptitude & Disposition
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
Competencies
Achievement drive
Analytical thinking
Strategic thinking
Service focus
Team working
Developing people
Team leadership
Conceptual thinking
Forward thinking
Who We Are Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build - to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer.
Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.
Our Culture We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.
Be bold
Strive for better
Do the right thing
Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us - our ambitious inclusion & sustainability targets are testament to this.
We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.
Employee Networks Explore a variety of networks to assist with professional and/or personal development. Our Employee Networks include:
Beazley RACE - Including, understanding and celebrating People of Colour
Beazley SHE - Successful, High potential, Empowered women in insurance
Beazley Proud - Our global LGBTQ+ community
Beazley Wellbeing - Supporting employees with their mental wellbeing
Beazley Families - Supporting families and parents-to-be
We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:
Internal Pathways (helping you grow into an underwriting role)
iLearn (our own learning & development platform)
LinkedIn Learning
Mentorship program
External qualification sponsorship
Continuing education and tuition reimbursement
Secondment assignments
The Rewards
The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization
Attractive base compensation and discretionary performance related bonus
Competitively priced medical, dental and vision insurance
Company paid life, and short- and long-term disability insurance
401(k) plan with 5% company match and immediate vesting
22 days PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs
Up to $700 reimbursement for home office setup
Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance
Up to 26 weeks of fully paid parental leave
Up to 2.5 days paid annually for volunteering at a charity of your choice
Flexible working policy, trusting our employees to do what works best for them and their teams
Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $200,000 - $225,000 per year plus discretionary annual bonus.
Note:
Don’t meet all the requirements? At Beazley we're committed to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your experience doesn't perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
#J-18808-Ljbffr