Underwriter
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![]() United States, Georgia, Atlanta | |
![]() 6 Concourse Parkway (Show on map) | |
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General
Job Title: Underwriter Division: Property Reports To: As per Beazley's organisation chart Key Relationships: Brokers, underwriters, claims staff, other staff, coverholders, external clients and suppliers Job Summary: To underwrite a Commercial Property account and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain market reputation of the Beazley brand. FLSA: Exempt Key Responsibilities: Underwriting * Develop and underwrite a profitable portfolio of Commercial Property business as part of the Property 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 and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Property. * Comply with Beazley's underwriting control standards for business written through Lloyd's, Beazley Insurance Company Inc 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. * 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. Personal Specification: Education and Qualifications * Minimum graduate level education 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 * Good people management skills Knowledge and Experience * General commercial and financial knowledge * Extensive experience in insurance industry * Extensive experience of Commercial Property underwriting * Thorough knowledge of underwriting policy, philosophy and practice * Advanced knowledge of underwriting processes and systems * 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 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 $100,000-$150,000 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. |