Underwriter - Deadly Weapons Protection

General

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 :

General

At Beazley we are committed to doing the right thing because it is the right thing to do. It is important that within all your interactions both internally and externally you adhere to this principle through adoption of Beazley's core values and behaviours - PIED and Being Beazley.

Personal Specification :

Skills and Abilities

Knowledge and Experience

Aptitude and Disposition

Competencies

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.

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 & diversity and 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.

Explore a variety of networks to assist with professional and / or personal development. Our Employee Networks include :

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as :

The Rewards

Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $85,000 - 145,000 per year plus discretionary annual bonus.

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.