Underwriter – High Value Homes- High Net Worth

GeneralJob Title: Underwriter - US High Value Homeowners – High Net WorthDivision: Property Risks- HVHKey Relationships: Brokers, Underwriters, Claims, Operations, Compliance & Regulatory, coverholders, reinsurers, external clients and suppliersJob Summary: Lead Underwriting professional who will be 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 ResponsibilitiesUnderwritingLead 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 ManagementAdvise, 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.GeneralLeverage 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 ToComply 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, Beazley’s underwriting control standards, Beazley’s 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 SpecificationSkills and AbilitiesGeneral commercial and financial knowledgePossess underwriting abilityAccurate and numerateComputer skills – good working knowledge of MS Office, advanced Excel skillsStrong analytical skills with attention to detailAble to communicate effectively with others, both verbally and in writingMotivational skills, team worker as well as able to work on own initiativeAbility to manage time, meet deadlines and prioritiseGood people management skillsKnowledge and ExperienceExtensive experience of HVH underwritingThorough knowledge of underwriting policy, philosophy and practiceAdvanced knowledge of underwriting processes and systemsClient service experienceAptitude and DispositionResults focused, self-motivated, flexible and enthusiasticProfessional approach to interact successfully with managers/colleagues/external suppliersCompetenciesAchievement driveAnalytical thinkingStrategic thinkingService focusTeam workingDeveloping peopleTeam leadershipConceptual thinkingForward thinkingThe RewardsThe opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organizationAttractive base compensation and discretionary performance related annual bonusCompetitively priced medical, dental and vision insuranceCompany paid life, and short- and long-term disability insurance401(k) plan with 5% company match and immediate vesting22 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 setupFree in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeingThe opportunity to save for, and purchase, shares of Beazley stockSix months fully paid parental leave, regardless of how you come to parenthoodCompany paid sabbatical up to 12 weeks after 10 years of continued serviceSupport with exam/study leave and fees for relevant qualifications related to furthering educationUp 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 annuallySmart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the businessDon’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.