Underwriter High Value Homes- High Net Worth

Underwriter - US High Value Homeowners

Lead underwriting professional responsible for underwriting leadership, portfolio strategy, and technical excellence across a high-value personal lines book. This role ensures disciplined risk selection, pricing integrity, and consistent application of underwriting standards while supporting growth in the high net worth segments. The position serves as both a technical authority and a people/market leader, partnering closely with distribution, operations, claims, and leadership to deliver profitable growth and exceptional client outcomes.

Key Responsibilities:

• Underwriting: Lead underwriting decision-making for complex, high-value, and non-standard personal lines risks.
• Develop and underwrite a profitable portfolio of High Net Worth HVH business as part of the HVH-Property Risks 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 and portfolio 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 HVH account.
• Monitor and supervise underwriters and assistants in their daily work tied to high value net worth to ensure compliance with underwriting philosophy and policy and consistency within the team and Property Risks.
• Comply with the Group's minimum underwriting standards for business written through Lloyd's, Beazley Excess and Surplus Inc., Beazley Insurance Company Inc or Beazley's internal MGAs.
• Develop and maintain 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 advantages 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 Property Risks & HVH team. Work with peers within Property Risks and HVH 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 HNW-HVH team account as required.

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

• Comply with Beazley procedures, policies and regulations including the code of conduct, which incorporates the PRA and FCA 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. These may include, amongst others, membership of any Beazley committees or working groups.

Personal Specification:

• Skills and Abilities: General commercial and financial knowledge, underwriting ability, accurate and numerate, computer skills good working knowledge of MS Office, advanced Excel skills, strong analytical skills with attention to detail, ability 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 prioritise, good people management skills.
• Knowledge and Experience: Extensive experience of HVH underwriting, 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 annual 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 annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.
• Up to $700 reimbursement towards home office setup.
• Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing.
• The opportunity to save for, and purchase, shares of Beazley stock.
• Six months fully paid parental leave, regardless of how you come to parenthood.
• Company paid sabbatical up to 12 weeks after 10 years of continued service.
• Support with exam/study leave and fees for relevant qualifications related to furthering education.
• Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually.
• Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business.

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.