Underwriting Manager - South Region - Miscellaneous Medical & Life Sciences

Beazley; Atlanta (GA); On-site; USD 140,000 - 190,000; Full time

Job summary

Beazley is seeking an Underwriting Manager for Miscellaneous Medical & Life Sciences within the Healthcare team in the South Region. You will lead a skilled underwriter team, underwrite a profitable Miscellaneous Medical portfolio, and structure tailored solutions aligned with policy and profitability targets.

You will provide technical guidance, monitor performance metrics, collaborate with claims, brokers, and clients, and ensure adherence to Beazley’s underwriting standards.

Qualifications

• Underwriter with strong analytical and underwriting capabilities for Miscellaneous Medical.
• High numerical accuracy and attention to detail.
• Proficiency in MS Office, especially Excel.
• Strong analytical skills with attention to detail.
• Excellent verbal and written communication abilities.
• Ability to manage time, meet deadlines and prioritise.
• Demonstrated motivational and people-management capabilities.

Responsibilities

• Develop and oversee the underwriting of a profitable Miscellaneous Medical portfolio with a focus on the South Region.
• Structure tailor-made solutions by considering underwriting parameters and policy to win new business and retain existing clients.
• Monitor premiums, costs and claims ratios across the portfolio and take corrective actions for profitability.
• Supervise underwriters daily to ensure profitability and efficient administration.
• Work with claims managers to align profitability with claims trends.
• Develop and underwrite a profitable Miscellaneous Medical portfolio within the Healthcare team.
• Evaluate risk premiums considering costs, reinsurance, capital exposure and administration costs.
• Monitor and supervise assistants to ensure compliance with policy and consistency across teams.
• Comply with underwriting control standards for Lloyd’s, Beazley Insurance Company Inc or MGAs.
• Advise and service clients on insurance and risk matters to ensure satisfaction.
• Maintain relationships with brokers and expand Beazley product usage with clients.
• Lead the team, provide direction, mentorship and performance feedback.
• Foster inclusion and teamwork reflecting Beazley’s culture and diversity.
• Collaborate with People & Sustainability to address performance concerns.
• Share knowledge to disseminate best practices within Healthcare and Specialty Risks.
• Produce presentations and literature as required.

Skills

Proficient underwriting skills

Accurate and numerate

MS Office

Analytical skills

Effective communication

Time management

Motivational skills

People management

Job description

Key Responsibilities

General

Job Title: Underwriting Manager – Miscellaneous Medical & Life Sciences

Division: Specialty Risks

Reports To: As per Beazley’s organisation chart

Key Relationships

Brokers, Underwriters, Claims, Coverholders, external Clients and Suppliers

Job Summary

To underwrite a Miscellaneous Medical account within the Healthcare team 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. Manage a team of underwriters.

Flsa

Exempt

Key Responsibilities

Underwriting Manager

• Develop and oversee the underwriting of a profitable Miscellaneous Medical portfolio with a focus on the South Region.
• 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 business, whilst working with direct reports to assist them to do the same.
• Monitor premiums, costs and claims ratios throughout the portfolio and take corrective measures if necessary to ensure long term profitability.
• Monitor underwriters in their daily work to ensure profitability as well as efficient and cost-effective administration of the account.
• Work closely with claims managers to ensure team are aware of profitability and claims trends.

Underwriting

• Develop and underwrite a profitable portfolio of Miscellaneous Medical business as part of the Healthcare team.
• 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 and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the Miscellaneous Medical team, Healthcare and Specialty Risks.
• Comply with Beazley’s underwriting control standards for business written through Lloyd’s, Beazley Insurance Company Inc or Beazley’s internal MGAs.

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.

Team Leadership

As a Beazley Manager, you are expected to –

• Provide leadership, direction and support to the team.
• Foster a spirit of inclusion, teamwork and unity that reflects Beazley’s overall workplace culture, values and appreciation of the benefits of diversity.
• Act as a manager, mentor and coach to direct reports to enable them to fulfil their potential and ensure continuous development of them and their wider team.
• Ensure direct reports are supported in contributing to the delivery and achievement of the overall team and business objectives.
• Provide effective performance feedback on a regular basis, ensuring employees are recognised and rewarded for their contribution. Conversely, providing timely feedback to address poor performance, taking disciplinary action as appropriate.
• Maintain transparent and effective communication through department meetings, one-to-one meetings, email etc.
• Encourage knowledge sharing and effective delegation to minimise key person dependencies.
• Work with other team managers ensuring team resources overall are effectively utilised and people are appropriately challenged.
• Encourage direct reports to think proactively about their careers, signposting development and stretch opportunities for strong performers where possible.
• Work with People & Sustainability as appropriate to elevate performance concerns ensuring set objectives are clear and measurable and progress is tracked accordingly.

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 Healthcare and Specialty Risks team.
• Work with peers within Healthcare 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 Miscellaneous Medical account as required.

It Is Important That Within All Your Interactions Both Internally And Externally You Adhere 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 FCA and PRA 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 Specification

Skills & Abilities

• Proficient underwriting skills
• Accurate and numerate
• Computer skills – good working knowledge of MS Office, advanced Excel skills
• Strong analytical skills with attention to detail
• Able to communicate effectively with others, both verbally and in writing
• Ability to manage time, meet deadlines and prioritise
• Motivational skills
• People management skills

Knowledge & Experience

• General commercial and financial knowledge
• Experience in insurance industry
• Experience of Miscellaneous Medical underwriting
• Thorough knowledge of underwriting policy, philosophy and practice
• Advanced knowledge of underwriting processes and systems
• Client service experience

Aptitude & Disposition

• Result focused, self-motivated, flexible and enthusiastic
• Professional approach to interact successfully with managers/colleagues/external suppliers
• Team worker as well as able to work on own initiative
• Customer focused, with a strong ethic of service and fairness to the customer

Competencies

• Achievement drive