Underwriter - Environmental

Aperu:
Job Title: Underwriter - Environmental
Division: Specialty Risks
Key Relationships: Brokers, underwriters, claims, wordings, insureds, external clients and suppliers
Job Summary: To act as Regional Lead for the French market and be instrumental in developing an Environmental book of business within the Professions, Environmental and M&A team.
Collaborate with the global underwriting team to provide counsel and advice on underwriting related issues and technical expertise in this business area, whilst maintaining and improving market reputation of the Beazley brand.
Beazley is looking for an experienced Underwriter to be responsible for planned growth in the French market. The successful candidate will be the point person for the European markets and key to the sustained growth of the Environmental book in Europe.
This is a fantastic opportunity for an experienced Underwriter with the desire to be empowered to exercise their entrepreneurial spirit and join a high performing team with further growth plans. Beazley offers strong benefits, including profit related pay for Underwriters, along with hybrid working in a supportive and adult culture, in our flagship Paris office.
Key Responsibilities: Work closely with European Head and local Broker Relations person to develop strategy for growthDevelop market friendly forms for European market with assistance of Wordings Team and outside counsel.Assist in adapting the current U.S./ROW rating tool to European pricingWork with marketing to develop focused marketing materials Underwriting Develop and underwrite a profitable portfolio of Environmental business.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.Manage innovation and development of non-insurance service offerings to insureds and others.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 Environmental account.Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Specialty RisksComply with Beazley's underwriting control standards for business written through Lloyd's, Beazley Insurance Company Inc 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 Beazleys 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 Environmental, PEMA and Specialty Risks teams.Work with peers within Environmental, PEMA 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 Environmental account as required. It is important that within all your interactions both internally and externally you adhere to Beazleys 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. This may include, amongst others, Beazleys underwriting control standards, Beazleys claims control standards, other Beazley standards and customer relationship management.Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups. Personal Specification: Education & Qualifications Minimum graduate level education in technical/science discipline (Geology, Engineering, Chemistry, Environmental Science)Must have technical background/consulting background Skills & Abilities Proficient underwriting skillsAccurate and numerateStrong analytical skills with attention to detailAble to communicate effectively with others, both verbally and in writingAbility to manage time, meet deadlines and prioritiseMotivational skillsFluency in English as well as the local language; additional European languages beneficial Knowledge & Experience General commercial and financial knowledgeExtensive experience in insurance industryExtensive experience of Environmental underwritingBroad knowledge of Environmental insurance environment, including key brokers, regulatory environment and competitionBackground in Environmental engineering or consultancyThorough knowledge of underwriting policy, philosophy and practiceAdvanced knowledge of underwriting processes and systemsClient service experience Aptitude & Disposition Result focused, self-motivated, flexible and enthusiasticProfessional approach to interact successfully with managers/colleagues/external suppliersTeam worker as well as able to work on own initiativeCustomer focused, with a strong ethic of service and fairness to the customer Competencies Achievement driveAnalytical thinkingStrategic thinkingService focusTeam workingConceptual thinkingForward thinking