Head of Underwriting Management, Property Risks
Company: Beazley Group
Location: Boston
Posted on: June 1, 2025
Job Description:
General
Job Title: Head of Underwriting Management, Property Risks Member
of the Property Risks Leadership Group Division: Property Risks
Reports To: As per Beazley's organisation chart Key Relationships:
Brokers, Underwriters, Claims, Various Property Management teams,
own staff, external clients and suppliers. Job Summary:
Underwriting Manager with responsibility for all aspects of the
Underwriting Management unit within Property Risks. FLSA: Exempt
Key Responsibilities:
- Strategic direction and ideas for the Property Risks
business.
- Lead underwriting management team including :Underwriter
TrainingProduct developmentLiaise with Regulatory and
Compliance
- Directly manage:Various roles that may be created in support of
this team/function
- Participant in media opportunities and thought
leadership/marketing.
- Support Head of Property Risks with provision for the following
services:PricingWordingsIntelligence networkOutwards
reinsuranceManagement informationClaim actuarialPre-peer reviewPeer
reviewReinsurancePDEMG/CMOG (aggregate/optimization) actions
- Develop and help to implement business strategies for the unit
in agreement with Head of Property Risks.
- Manage the underwriting activities of the Property Risks
division to comply with relevant company, regulatory and legal
requirements.
- Monitor the portfolio and suggest corrective measures as
required to enhance the profitability.
- Review the underwriting portfolio and to highlight any issues
arising. Staff
- Ensure that staff have terms of reference setting out their
responsibilities and reporting lines.
- Ensure that all employees have the knowledge and the skills
necessary to perform effectively in their given roles and
responsibilities.
- Ensure that people are recruited, deployed and developed to
anticipate and meet current and future needs.
- Discipline within the Beazley Group guidelines members of staff
contravening regulations per 'handbook' or underwriting guidelines
as required.
- General At Beazley we are committed to doing the right thing
because it is the right thing to do. It is important that within
all your interactions both internally and externally you adhere to
this principle through adoption of Beazley's core values and
behaviours and Being Beazley.
- Adopt the Beazley culture of Professionalism, Integrity,
Effectiveness and Dynamic that contributes to an internal
environment of teamwork and promote a positive brand image and
experience to our external customers.
- Comply with Beazley procedures, policies and regulations
including the code of conduct which incorporates the PRA, FCA and
or other regulatory Conduct Rules. Undertake training on Beazley
policies and procedures as delivered by your line manager, the
Talent Management development 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 Talent Management 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: Education and
Qualifications
- Graduate level education preferred. Skills and Abilities
- Comprehensive understanding of legislative and competitive
environments
- Thorough knowledge of underwriting process
- Understanding of business strategy and the work of other
departments within the organisation
- Computer skills - good working knowledge of MS Office, advanced
Excel skills
- Able to communicate effectively with others, both verbally and
in writing
- Motivational skills, team worker as well as able to work on own
initiative
- The ability to manage time, meet deadlines and prioritise
- Accurate and numerate
- Strong analytical skills with attention to detail
- Good management skills Knowledge and Experience
- General commercial and financial knowledge
- Extensive experience in insurance industry
- Extensive experience of Property insurance/reinsurance
underwriting or broking
- Client service experience Aptitude and Disposition
- Outcome focused, self-motivated, flexible and enthusiastic
- Professional approach to interact successfully with
managers/colleagues/external suppliers
- Competencies
- Integrity
- Team building & working
- Customer focus
- Resilience
- Technical competence/expertise
- Business/financial acumen
- Active listening
- Developing people
- Achievement drive
- Analytical thinking
- Conceptual thinkingWho We Are:Beazley is a specialist insurance
company with over 30 years' experience helping people, communities
and businesses to manage risk all around the world. Our mission is
to inspire our clients and people with the confidence and freedom
to explore, create and build - to enable businesses to thrive. Our
clients want to live and work freely and fully, knowing they are
benefitting from the most advanced thinking in the insurance
market. Our goal is to become the highest performing sustainable
specialist insurer.Our products are wide ranging, from cyber & tech
insurance to marine, healthcare, financial institutions and
contingency; covering risks such as the weather, film production or
protection from deadly weapons. Our CultureWe have a wonderful mix
of cultures, experiences, and backgrounds at Beazley with over
2,000 of us working around the world. Employee's diversity,
experience and passion allow us to keep innovating and moving
forward, delivering the best. We are proud of our family-feel
culture at Beazley that empowers our staff to work from when and
where they want, in an adult environment that is big on
collaboration, diversity of thought and personal accountability.
Our three core values inspire the way we work and how we treat our
people and customers.
Be boldStrive for betterDo the right
thingUpholding these values every day has enabled us to become an
innovative and responsive organization in touch with the changing
world around us - our ambitious inclusion & diversity and
sustainability targets are testament to this.We are a flexible and
innovative employer offering a friendly, collaborative, and
inclusive working environment. We actively encourage and expect
applications from all backgrounds. Our commitment to fostering a
supportive and dynamic workplace ensures that every employee can
thrive and contribute to our collective success. Explore a variety
of networks to assist with professional and/or personal
development. Our Employee Networks include:
Beazley RACE - Including,
understanding and celebrating People of ColourBeazley SHE -
Successful, High potential, Empowered women in insuranceBeazley
Proud - Our global LGBTQ+ communityBeazley Wellbeing - Supporting
employees with their mental wellbeingBeazley Families - Supporting
families and parents-to-beWe encourage internal career progression
at Beazley, giving you all the tools you need to drive your own
career here, such as:
Internal Pathways (helping you grow
into an underwriting role)iLearn (our own learning & development
platform)LinkedIn LearningMentorship programExternal qualification
sponsorshipContinuing education and tuition reimbursementSecondment
assignmentsThe Rewards
- The opportunity to connect and build long-lasting professional
relationships while advancing your career with a growing, dynamic
organization
- Attractive base compensation and discretionary performance
related bonus
- Competitively priced medical, dental and vision insurance
- Company paid life, and short- and long-term disability
insurance
- 401(k) plan with 5% company match and immediate vesting
- 22 days PTO (prorated for 1st calendar year of employment), 11
paid holidays per year, with the ability to flex the religious bank
holidays to suit your religious beliefs
- Up to $700 reimbursement for home office setup
- Free in-office lunch, travel reimbursement for travel to
office, and monthly lifestyle allowance
- Up to 26 weeks of fully paid parental leave
- Up to 2.5 days paid annually for volunteering at a charity of
your choice
- Flexible working policy, trusting our employees to do what
works best for them and their teams Salary for this role will be
tailored to the successful individual's location and experience.
The expected compensation range for this position is $230,000 -
$325,000 per year plus discretionary annual bonus. Don'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.
Keywords: Beazley Group, Methuen , Head of Underwriting Management, Property Risks, Executive , Boston, Massachusetts
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