Talent.com
Underwriter - Miscellaneous Medical

Underwriter - Miscellaneous Medical

Beazley GroupLos Angeles, CA, United States
30+ days ago
Job type
  • Full-time
Job description

General

Job Title : Underwriter - Miscellaneous Medical

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 a Miscellaneous Medical & Life Sciences account within the Healthcare 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.

Key Responsibilities :

Underwriting

  • Develop and underwrite a profitable portfolio of Miscellaneous Medical & Life Sciences business as part of the Healthcare 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 French and continental European Miscellaneous Medical & Life Sciences 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.
  • 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.
  • 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 Healthcare and Specialty Risks team.
  • Work with peers within Healthcare and Specialty Risks to maximise business opportunities and profitability within the department. This will include but not be limited to 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 across the Group.
  • Production of presentations and marketing literature as required.
  • Production of business plans / research documents for the Miscellaneous Medical & Life Sciences account as required.

    • It is important that within all your interactions both internally and externally you adhere to 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
  • Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People 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 Culture & People 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

    • Personal Specification :

    Skills and Abilities

  • Proficient underwriting 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

    • Knowledge and Experience

  • General commercial and financial knowledge
  • Experience in insurance industry
  • Experience of Healthcare underwriting
  • Thorough knowledge of underwriting policy, philosophy and practice
  • Advanced knowledge of underwriting processes and systems
  • Client service experience

    • Aptitude and Disposition

  • Result 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
  • Forward thinking
  • Conceptual thinking

    • 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 annual 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 annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.
  • Up to $700 reimbursement towards home office setup
  • Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing
  • The opportunity to save for, and purchase, shares of Beazley stock
  • Six months fully paid parental leave, regardless of how you come to parenthood
  • Company paid sabbatical up to 12 weeks after 10 years of continued service
  • Support with exam / study leave and fees for relevant qualifications related to furthering education
  • Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
  • Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business

    • Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is 125k - 175 k per year plus profit related pay and discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.

    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.

    Create a job alert for this search

    Underwriter • Los Angeles, CA, United States

    Related jobs
    • Promoted
    Underwriter II

    Underwriter II

    Kaiser PermanentePasadena, CA, US
    Full-time
    Evaluates standard and nonstandard data to understand premium, claim, exposure, and population.Works with team to identify actionable data insights / irregularities and research solutions.With genera...Show moreLast updated: 12 days ago
    Field Underwriter

    Field Underwriter

    Spieldenner Group Inc.Anaheim, CA, US
    Full-time
    Quick Apply
    Spieldenner Financial Group is a part of one the fastest-growing insurance organizations in the country.Our most important focus areas include getting agents paid quickly, keeping costs minimal, an...Show moreLast updated: 30+ days ago
    • Promoted
    Lead Underwriter - Primary Casualty

    Lead Underwriter - Primary Casualty

    AXIS CapitalLos Angeles, CA, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance.We stand apart for our outstanding client service, intelligent risk taking and...Show moreLast updated: 4 days ago
    • Promoted
    Senior Underwriter - Life Sciences

    Senior Underwriter - Life Sciences

    ChubbLos Angeles, CA, US
    Full-time
    Senior Commercial Lines Life Sciences Underwriter.Chubb is seeking a highly motivated, results oriented Senior Commercial Lines Life Sciences Underwriter to join our industry leading life sciences ...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriter

    Underwriter

    TradeJobsWorkForce90054 Los Angeles, CA, US
    Full-time
    Underwriter Job Duties : Analyze financial data related to loan requests.Evaluate loan...Show moreLast updated: 30+ days ago
    • Promoted
    Scenario Underwriter

    Scenario Underwriter

    JobotLos Angeles, CA, US
    Permanent
    The Scenario Underwriter plays a critical role in supporting the mortgage loan origination process by evaluating unique borrower situations, reviewing exceptions to standard guidelines, and providi...Show moreLast updated: 3 days ago
    Underwriter I

    Underwriter I

    Quantum Electronic PaymentsAnaheim, CA, USA
    Full-time
    Quick Apply
    Unlock your potential with Quantum ePay® a fast growing fintech company that helps business owners lower costs, increase revenue, and improve their quality of life. We provide innovative payment...Show moreLast updated: 14 days ago
    • Promoted
    Senior Underwriter, Multinational

    Senior Underwriter, Multinational

    ChubbLos Angeles, CA, US
    Full-time
    As a key member of the Chubb Multinational team, the Underwriter will contribute to the achievement of regional profitability and production results through the growth, development, and underwritin...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriter II, Excess Casualty

    Underwriter II, Excess Casualty

    Argonaut Management Services, IncLos Angeles, CA, United States
    Full-time
    Argo Group International Holdings, Inc.American National, US based specialty P&C companies, (together known as BP&C, Inc. Brookfield Wealth Solutions, Ltd.BWS"), a New York and Toronto-listed public...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Underwriter, Garage

    Senior Underwriter, Garage

    Argonaut Management Services, IncLos Angeles, CA, United States
    Full-time
    Argo Group International Holdings, Inc.American National, US based specialty P&C companies, (together known as BP&C, Inc. Brookfield Wealth Solutions, Ltd.BWS"), a New York and Toronto-listed public...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriter, Property

    Underwriter, Property

    StarrcompaniesLos Angeles, CA, US
    Full-time
    Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginabl...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Underwriter

    Senior Underwriter

    Liberty Mutual Insurance GroupLos Angeles, CA, US
    Full-time
    Come join our growing North America Specialty Wholesale Healthcare Team as a multiline underwriter focused on the West! Candidate will underwrite healthcare professional & general liability policie...Show moreLast updated: 25 days ago
    • Promoted
    Lead Underwriter - Primary Casualty

    Lead Underwriter - Primary Casualty

    Axis CapitalLos Angeles, CA, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders.We also ...Show moreLast updated: 15 days ago
    • Promoted
    Underwriter IV - Commercial

    Underwriter IV - Commercial

    PNCLos Angeles, CA, US
    Full-time +1
    At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve.We are all united in delivering the best experience for our customers.We work together each day ...Show moreLast updated: 30+ days ago
    • Promoted
    Underwriter - Merchant Services

    Underwriter - Merchant Services

    Westlake Financial ServicesLos Angeles, CA, US
    Full-time
    Underwriter - Merchant Services.Founded in 2021, NowPay LLC is proud to be a part of the family of Hankey Group companies. With assets over $20 billion combined, the Hankey Group has a 50-year track...Show moreLast updated: 7 days ago
    • Promoted
    Lead Underwriter - Primary Casualty (AVP)

    Lead Underwriter - Primary Casualty (AVP)

    Axis CapitalLos Angeles, CA, US
    Full-time
    Lead Underwriter Primary Casualty (AVP).This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding cli...Show moreLast updated: 15 days ago
    • Promoted
    Sr. Underwriter, Construction Professional

    Sr. Underwriter, Construction Professional

    Axis CapitalLos Angeles, CA, United States
    Full-time
    This is your opportunity to join AXIS Capital - a trusted.We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders.We also ...Show moreLast updated: 24 days ago
    • Promoted
    Underwriter

    Underwriter

    East West BancorpEl Monte, CA, US
    Full-time
    East West Bank is seeking a Mortgage Underwriter.The Mortgage Underwriter will be responsible for underwriting FHA and Conventional loans. The position requires that the candidate have the ability t...Show moreLast updated: 13 days ago