General:
Job Title:
Assistant Underwriter
Division:
Property
Reports To:
As per Beazley’s organisation chart
Key Relationships:
- Brokers
- Underwriters
- Claims Staff
- Other Staff
- External Clients and suppliers
Job Summary:
To provide underwriting support to the Commercial Property team and ensure that the administrative processes are run as efficiently to serve both internal and external clients.
FLSA:
Exempt
Responsibilities:
Key Responsibilities:
- Underwriting support
- Review new and renewal submissions and initiate the underwriting process, including but not limited to:
- Review accounts to understand the risk and exposure
- Request missing information from brokers
- Provide opinion of risk and recommendations to underwriters
- Prepare raters, modelling, account loss history, and other tools as needed
- Review inspection reports and track recommendation compliance
- Provide year-over-year comparisons on accounts
- Review MTA’s (mid-term adjustments) and submit instructions for processing
- Prepare and analyze reports as needed
- Ensure compliance items are met within Beazley’s policies and procedures
- Provide ad hoc support to underwriters as needed
- Organize and prepare manuscript policies for issuance
- Broker/Client Interaction
- Liaise with brokers and other key partners
- Respond to client queries in an accurate and timely fashion
- Provide professional service to brokers in person, by email and on the telephone
- Chase open quotes and record final disposition
- Internal Interaction
- Liaise with internal support teams to ensure accurate document preparation
- Coordinate with wordings/legal team to compose insurance contracts
- Take an active role in training Underwriting Assistants and other team members
- Submit instructions to Underwriting Assistants and be a resource for internal support staff
- Provide assistance to internal support staff during peak periods if necessary
Person Specifications:
Education and Qualifications
Minimum graduate level / Bachelor’s Degree education
Skills and Abilities
- Administrative Experience
- Strong computer skills: Intermediate-Advanced Word, Excel and Outlook
- Ability to communicate effectively with others, both verbally and in writing
- Ability to manage own time, meet deadlines and prioritise work
- Accurate and numerate
Knowledge and Experience
Experience in the insurance industry
Client service experience advantageous
Aptitude and Disposition
- Self-motivated
- Outcome focused
- Flexible and enthusiastic
- Team worker with the ability to work on own initiative
Competencies
- Customer focus
- Initiative
- Accuracy
- Information seeking
- Self-starter
- Team working
- Time management
- Achievement orientation
- Detail orientated
- Analytical thinking
- Communication skills
This document is subject to review after consultation with your Manager.
Apply Now