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Beazley

Underwriter - Environmental

Beazley, San Francisco, California, United States, 94199

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Underwriter - Environmental

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Beazley

Job Title:

Underwriter - Environmental Division:

Specialty Risks Reports To:

As per Beazley’s organisation chart Key Relationships:

Brokers, own staff, underwriters, coverholders, external clients and suppliers

Job Summary:

To underwrite an Environmental account within the Professions, Environmental, and M&A (PEMA) team and provide counsel and advice on underwriting and market issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand.

Key Responsibilities Underwriting

Develop and underwrite a profitable portfolio of Environmental business.

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 and Specialty Risks.

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.

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.

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, PEMA, and Specialty Risks teams.

Work with peers within Environmental, PEMA, and Specialty Risks to maximise business opportunities and profitability within the department.

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 Environmental account as required.

Personal Specification Skills & Abilities

General commercial and financial knowledge

Possess underwriting ability

Accurate and numerate

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

Knowledge & Experience

Experience of environmental underwriting

Knowledge of underwriting policy, philosophy and practice

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

Competencies

Achievement drive

Analytical thinking

Strategic thinking

Service focus

Team working

Conceptual thinking

Forward thinking

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