Underwriter - International Specialties, Latin America

General Job Title: Underwriter - International Specialties, Latin America Division: Specialty Risks Reports To: As per Beazley’s organisation chart Key Relationships: Brokers, own staff, underwriters, other staff, coverholders, external clients and suppliers Job Summary: To underwrite a Financial Lines account within the International Specialties team and provide counsel and advice on underwriting and market issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand. Key Responsibilities Underwriting Develop and underwrite a profitable portfolio of Financial Lines business as part of the International Specialties 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 Latin America Financial Lines 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. Client Management 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. Maintenance of good business relationships with brokers. Maintain awareness of overall Beazley product range and take advantage of opportunities to introduce other Beazley products to clients. General 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 teams. Work with peers within International Specialties and Specialty Risks 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 Latin America Financial Lines account as required. Personal Specification Education and Qualifications Minimum graduate level education Skills and Abilities General commercial and financial knowledge Possess underwriting ability 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 Motivational skills, team worker as well as able to work on own initiative Ability to manage time, meet deadlines and priorities Fluent in Spanish, and ideally also in Portuguese Knowledge and Experience Extensive experience of Financial Lines underwriting Good knowledge of one or more of Beazley’s key markets within Latin America Thorough knowledge of underwriting policy, philosophy and practice Advanced knowledge of underwriting processes and systems Client service experience Aptitude and Disposition Results focused, self‑motivated, flexible and enthusiastic Professional approach to interact successfully with managers / colleagues / external suppliers Competencies Achievement drive Analytical thinking Strategic thinking Service focus Team working Developing people Team leadership Conceptual thinking Forward thinking 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 $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. 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. #J-18808-Ljbffr Beazley Management Limited