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Job Title


Underwriter - Safeguard (London Market Wholesale Executive Risks)


Company : Beazley


Location : London, London


Created : 2025-04-01


Job Type : Full Time


Job Description

Job Title: Underwriter Safeguard (London Market Wholesale Executive Risks)Is your CV ready If so, and you are confident this is the role for you, make sure to apply asap.Division: Specialty RisksReports To: As per Beazleys organisation chartKey Relationships: Brokers, coverholders, underwriters, Specialty Risks underwriters, Specialty Risks underwriting management, Product Development, Broker Relations, Claims, Marketing, external clients and service providers.Job Summary:To underwrite a London Market Wholesale Safeguard (Sexual molestation liability) account within the Specialty Risks team and provide counsel and advice on underwriting and market related issues. Provide technical expertise in this business area to build our products reputation and standing in the market, as well as maintain and improve market reputation of the Beazley brand. Although focus will be on Safeguard, you will also be required to underwrite and provide counsel and advice on EPL.Key Responsibilities:UnderwritingDevelop and underwrite a profitable portfolio of Safeguard business as part of the Specialty Risk 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 Safeguard account.Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team.Comply with Beazleys underwriting control standards for business written through Lloyds or Beazleys internal MGAs.Develop a good working relationship with the claims managers on this class of business.Client ManagementAdvise, 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 Beazleys needs.Maintain awareness of overall Beazley product range and take advantages of opportunities to introduce other Beazley products to clients.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 Safeguard and London Market Executive Risks team.Work with peers within Safeguard And LMER 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 Safeguard account as required.GeneralIt is important that within all your interactions both internally and externally you adhere to Beazleys 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 which incorporates the FCA and PRA 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.Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.Personal Specification:Skills & AbilitiesGrowth mindset, with confidence to build and lead project initiatives.Strong analytical skills with attention to detail.A proven ability to communicate, negotiate and influence effectively at all levels.Excellent documentation and presentation skills.Ability to manage time, meet deadlines and prioritise.Motivational skills, team worker as well as able to work on own initiative.Knowledge & ExperienceStrong background in developing new business and markets, with the ability to lead on new projects and initiatives.Extensive experience of Casualty, General Liability, Financial Lines underwriting will be advantageous.Thorough knowledge of underwriting policy, philosophy and practice.Advanced knowledge of underwriting processes and systems.Client service experience, with mature Distribution relationships.Aptitude & DispositionDelivery focused, self-motivated, flexible and enthusiastic.Professional approach to interact successfully with managers and colleagues.Strong attention to detail.CompetenciesTeam working.Information seeking.Problem solving.Effective communicator.Achievement orientated.Personal Impact.Leadership.Organisational awareness.#J-18808-Ljbffr