Underwriting Manager – Miscellaneous Medical & Life Sciences

Underwriting Manager – Miscellaneous Medical & Life Sciences

Beazley is seeking an experienced Underwriting Manager for its Miscellaneous Medical portfolio within the Healthcare team.

Underwrite a Miscellaneous Medical account, provide counsel on underwriting issues, manage a team of underwriters, maintain market reputation and deliver profitable results.

• Develop and oversee the underwriting of a profitable Miscellaneous Medical portfolio with a focus on the West Coast.
• Structure tailor‑made solutions, win new business and retain existing business, and assist direct reports to do the same.
• Monitor premiums, costs and claims ratios, and take corrective measures to ensure long‑term profitability.
• Monitor underwriters in their daily work to ensure profitability and efficient, cost‑effective administration of the account.
• Work closely with claims managers to keep the team aware of profitability and claims trends.

• Develop and underwrite a profitable portfolio of Miscellaneous Medical business as part of the Healthcare team.
• Evaluate appropriate risk premium considering risk costs, reinsurance cessions, capital exposure and 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.

• Advise, assist and service clients on insurance and risk matters to ensure client satisfaction.
• Foster positive relationships with clients to gain a mutual understanding of both parties’ needs.
• Maintain good business relationships with brokers.
• Maintain awareness of Beazley product range and seize opportunities to introduce other products.

• Provide leadership, direction and support to the team.
• Foster a spirit of inclusion, teamwork and unity reflecting Beazley’s culture and values.
• Act as a mentor and coach to enable direct reports to achieve their potential.
• Ensure direct reports contribute to overall team and business objectives.
• Provide timely performance feedback and address poor performance appropriatelyli>
• Maintain transparent communication through meetings, email and other channels.
• Encourage knowledge sharing and effective delegation.
• Collaborate with other managers to optimise resource utilisation.
• Support career development for strong performers.
• Escalate performance concerns with People & Sustainability when necessary.

• Leverage networking to develop standardised underwriting policy and best practice.
• Develop best practice and disseminate knowledge within the Healthcare and Specialty Risks team.
• Collaborate with peers to maximise opportunities and profitability.
• Share and gather knowledge across the Beazley Group.
• Produce presentations and marketing literature as required.
• Prepare business plans and research documents for the Miscellaneous Medical account.

• Proficient underwriting skills
• Accurate and numerate
• Computer skills – good working knowledge of MS Office, advanced Excel skills
• Strong analytical with attention to detail
• Able to communicate effectively, verbally and in writing
• Time‑management, deadline‑meeting and prioritisation skills
• Motivational skills
• People‑management skills

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

• Result‑focused, self‑motivated, flexible and enthusiastic
• Professional approach to interactions with managers, colleagues and external suppliers
• Team worker, ability to work on own initiative
• Customer‑focused, strong ethic of service and fairness

• Achievement drive
• Analytical thinking
• Strategic thinking
• Service focus
• Team working
• Forward thinking
• Develop…