Underwriter - Miscellaneous Medical & Life Sciences - South Region

Underwriter - Miscellaneous Medical & Life Sciences - South Region

Join to apply for the Underwriter - Miscellaneous Medical & Life Sciences - South Region role at Beazley
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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.

• 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.

• 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.
• Maintain good business relationships with brokers.
• Maintain awareness of overall Beazley product range and seize 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 Healthcare and Specialty Risks team.
• Work with peers within Healthcare and Specialty Risks to maximise business opportunities and profitability within the department, including 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.
• Produce presentations and marketing literature as required.
• Produce business plans/research documents for the Miscellaneous Medical & Life Sciences account as required.

Beazley’s core values are Bold
, Strive for Better
, Do the Right Thing
. Both internal and external interactions should reflect these values, fostering teamwork and a positive brand image.

• Proficient underwriting skills.
• Accurate and numerate.
• Computer skills – good working knowledge of MS Office, advanced Excel skills.
• Strong analytical skills with attention to detail.
• Effective verbal and written communication.
• Time‑management, meeting deadlines and prioritising.
• Motivational skills.

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

• Result‑focused, self‑motivated, flexible and enthusiastic.
• Professional approach to interacting with managers, colleagues and external suppliers.
• Teamwork…