Beazley Group
Underwriter - Deadly Weapons Protection
Beazley Group, San Francisco, California, United States, 94199
Job Title
Underwriter - Deadly Weapons Protection (DWP)
Division
MAP Risks
Reports To
As per Beazley's organisation chart
Key Relationships
Local, regional, and national brokers, MAP Risks Underwriters, Underwriting Management, Product Development, Broker Relations, Underwriting Assistants, Claims, Marketing, external clients and service providers.
Job Summary
To underwrite a regional focused Deadly Weapons Protection portfolio within the Political Violence team. Plan and execute business development and relationship management activities in line with Deadly Weapons Protection growth plans that builds our reputation and standing in the market. Be responsible for underwriting a profitable portfolio of business in support of the business plan.
Key Responsibilities Underwriting
Develop and underwrite a profitable portfolio of DWP business in support of business plans.
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 Terrorism account.
Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and MAP Risks.
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.
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.
Maintain good business relationships with brokers.
Maintain awareness of all Beazley products and take advantages of opportunities to cross sell other Beazley products to clients where applicable
Develop effective and engaging broker education sessions, delivering these regularly with the aim of deepening broker knowledge of our products, to build affinity with our brand. Look at ways to develop product education via social media channels.
Ensure we remain front of mind for brokers by planning and engaging in regular virtual/face-to-face meetings and acting as a point of contact for broker queries.
Identify, participate and present in conferences and events that increase Beazley's exposure of DWP to potential target markets.
Personal Specification Skills and Abilities
Proficient underwriting or broking 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
Motivational skills
Effective relationship management skills with customer focussed approach
Ability to develop strategic plan and execute on its implementation
Active listening and emotional intelligence
Ability to work independently for significant periods of time
Strong business development and sales skills
Ability to spend time frequently travelling/on the road
Knowledge and Experience
General commercial and financial knowledge
Extensive experience in insurance industry
Extensive experience of Terrorism underwriting or broking
Knowledge of underwriting policy, philosophy and practice
Appreciation of underwriting processes and systems
Client service experience
Proven sales results and client service experience
Aptitude and Disposition
Result focussed, 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
Forward thinking
Developing people
Conceptual thinking
#J-18808-Ljbffr
Underwriter - Deadly Weapons Protection (DWP)
Division
MAP Risks
Reports To
As per Beazley's organisation chart
Key Relationships
Local, regional, and national brokers, MAP Risks Underwriters, Underwriting Management, Product Development, Broker Relations, Underwriting Assistants, Claims, Marketing, external clients and service providers.
Job Summary
To underwrite a regional focused Deadly Weapons Protection portfolio within the Political Violence team. Plan and execute business development and relationship management activities in line with Deadly Weapons Protection growth plans that builds our reputation and standing in the market. Be responsible for underwriting a profitable portfolio of business in support of the business plan.
Key Responsibilities Underwriting
Develop and underwrite a profitable portfolio of DWP business in support of business plans.
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 Terrorism account.
Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and MAP Risks.
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.
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.
Maintain good business relationships with brokers.
Maintain awareness of all Beazley products and take advantages of opportunities to cross sell other Beazley products to clients where applicable
Develop effective and engaging broker education sessions, delivering these regularly with the aim of deepening broker knowledge of our products, to build affinity with our brand. Look at ways to develop product education via social media channels.
Ensure we remain front of mind for brokers by planning and engaging in regular virtual/face-to-face meetings and acting as a point of contact for broker queries.
Identify, participate and present in conferences and events that increase Beazley's exposure of DWP to potential target markets.
Personal Specification Skills and Abilities
Proficient underwriting or broking 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
Motivational skills
Effective relationship management skills with customer focussed approach
Ability to develop strategic plan and execute on its implementation
Active listening and emotional intelligence
Ability to work independently for significant periods of time
Strong business development and sales skills
Ability to spend time frequently travelling/on the road
Knowledge and Experience
General commercial and financial knowledge
Extensive experience in insurance industry
Extensive experience of Terrorism underwriting or broking
Knowledge of underwriting policy, philosophy and practice
Appreciation of underwriting processes and systems
Client service experience
Proven sales results and client service experience
Aptitude and Disposition
Result focussed, 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
Forward thinking
Developing people
Conceptual thinking
#J-18808-Ljbffr