Assistant Underwriter - HVH

General Job Title:

Assistant Underwriter•

High Value Homeowners Location:

Philadelphia Division:

Property Risk Reports To:

As per Beazley's organisation chart

Key Relationships:

Brokers, Head of Business Unit, Underwriters, Claims staff, Coverholders, external Clients and suppliers

Job Summary:

To provide underwriting support to the Treaty team and ensure that the administrative processes are run as efficiently as possible to serve both internal and external clients. To assist with underwriting Treaty business.

Key Responsibilities:

Underwriting Evaluate and assess risk in order to impose precise terms and conditions required for renewals and endorsements to optimise underwriting profit. 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. 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 premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level. Comply with Beazley's underwriting control standards for business written through Lloyd's, Beazley's insurance companies or Beazley's internal MGAs. Underwriting support Support the underwriters in the delivery of an effective and efficient administration service. Support underwriting risk assessment process. Review underwriting bordereaux and/or certificates. Accurately process, scan and monitor risk and data entries to ensure information is up to date. Prepare and provide statistics and information in order to serve the requirements of the underwriters and clients. Produce ad hoc reports for the underwriters and other members of staff when requested. Interact with the underwriting support functions, ie claims, risk, compliance, to source information when necessary. Broker/Client Interaction Liaise with brokers and other key partners in order to develop business relationships. Respond to client queries in an accurate and timely fashion to develop the brand image of Beazley. Provide a professional service to brokers in person, by email and on the telephone. Chase renewal accounts by contacting brokers. General Undertake any other reasonable duties as may be requested by the underwriting team. Participate in cross-team and intra-team projects as required. Share knowledge with the underwriting community and the Beazley network to ensure dissemination of best practice. Assist with the production of presentations and marketing literature as required.

Personal Specification:

Skills and Abilities Administrative Experience Strong computer skills

• Intermediate-Advanced Word, Excel and Outlook Ability to communicate effectively with others, both verbally and in writing Ability to manage own time, meet deadlines and prioritise work Attention to detail Accurate and numerate Knowledge and Experience Experience in the insurance industry Ideally experience in Treaty insurance Client service experience advantageous Aptitude and Disposition Self-motivated Outcome focused Flexible and enthusiastic Team worker with the ability to work on own initiative Competencies Customer focus Initiative Accuracy Information seeking Self-starter Team working Time management Achievement orientation Detail orientated Analytical thinking Relationship building Communication skills

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. Be bold Strive for better Do the right thing 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:

Beazley RACE

• Including, understanding and celebrating People of Colour Beazley SHE
• Successful, High potential, Empowered women in insurance Beazley Proud
• Our global LGBTQ+ community Beazley Wellbeing
• Supporting employees with their mental wellbeing Beazley Families
• Supporting families and parents-to-be We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as: Internal Pathways (helping you grow into an underwriting role) iLearn (our own learning & development platform) LinkedIn Learning Mentorship program External qualification sponsorship Continuing education and tuition reimbursement Secondment assignments 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 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 PTO (prorated for 1st calendar year of employment), 11 paid holidays per year, with the ability to flex the religious bank holidays to suit your religious beliefs Up to $700 reimbursement for home office setup Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance Up to 26 weeks of fully paid parental leave Up to 2.

5 days paid annually for volunteering at a charity of your choice Flexible working policy, trusting our employees to do what works best for them and their teams Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $68,000

• 72,000 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. We are an equal opportunities employer and as such, we will make reasonable adjustments to our selection process for candidates that indicate that, owing to disability, our arrangements might otherwise disadvantage them. If you have a disability, including dyslexia or other non-visible ones, which you believe may affect your performance in selection, please advise us in good time and we'll make reasonable adjustments to our processes for you.

Qualifications:

UNAVAILABLE