Assistant Underwriter - Cyber

General

Job Title : Assistant Underwriter - Cyber

Division : Underwriting Operations

Reports To : As per Beazley Org Structure

Key Relationships : Underwriters, Brokers, Underwriting Assistants, UCO, and external clients and suppliers.

Job Summary To provide support and assistance to Underwriters by reviewing new and renewal business, approving policy changes, and managing account activities throughout the underwriting process.

Key Responsibilities

Underwriting Support

• Undertake lower complexity tasks that have traditionally sat within Underwriting, that require a UAL in order to administer
• Ensuring underwriting controls are present and completed within the agreed SLA for all risks that you have underwritten.
• Triage submissions including Vulnerability scanning and Ransomware Application checks
• Manual population of Beazley Quote Tools
• Produce Quote Documentation as per the underwriting guidelines
• Assist Underwriters with risk analysis, consistent with underwriting guidelines
• Make underwriting decisions, within pre-defined limits and revenue thresholds
• Confirm pricing and binding conditions are met
• Attend underwriting training and meetings as appropriate
• Other duties assigned from time to time
• Establishing and developing broker relationships with stakeholders that consistently submit low complexity business to Beazley
• Ensuring any delegated authority business is only underwritten via approval from Beazley when outside of the exception terms
• Ensuring any underwriting decisions made that exceed your UAL are appropriately referred and signed off prior to binding.

Broker / Client Interaction

General

It is important that within all your interactions both internally and externally you adhere 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 :

Personal Specification

This role requires someone result focused, self-motivated, flexible and enthusiastic. This role would be ideal for somebody with a professional approach to interact successfully with other clients, building relationships and an ability to negotiate with both internal and external parties.

Skills and Abilities

Knowledge and Experience

Competencies

Aptitude and Disposition

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 $65,000-$70,000 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.