Underwriter - Jewellers Block, Fine Art & Specie

Job Summary: To underwrite a Jewellers Block, Fine Art & Specie account within the Property team with a specific focus on Asia Pacific markets 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. Key Responsibilities: Underwriting Develop and underwrite a profitable portfolio of Jewellers Block, Fine Art & Specie business as part of the Property team with a specific focus on Asia Pacific markets. 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 Jewellers Block, Fine Art & Specie account. Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Property. Comply with Beazley’s underwriting control standards for business written through Lloyd’s or Beazley’s internal MGAs. Develop a close working relationship with the claims managers on this class of business and assist in fostering the liaison between specialist claims Counsel and claims adjusters. 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 and cedants. 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 standardized underwriting policy and best practice within Beazley. Develop best practice and disseminate business and class knowledge within Jewellers Block, Fine Art & Specie team. Work with peers within the team and Property to maximize 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 maximize business opportunities and profitability across the Group. Production of presentations and marketing literature as required. Production of business plans/research documents for the Jewellers Block, Fine Art & Specie 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 People & Sustainability 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 People & Sustainability 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 includ…