Underwriter - Toronto, Canada - Beazley

Beazley

Verified Company

Toronto, Canada

1 day ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Title:
Underwriter - Commercial Property, Canada

Division:
Property Risks

Key Relationships:
Brokers, underwriters, claims, cover holders, external clients and suppliers

Job Summary:
To underwrite within the Property Risks division 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.

Beazley is currently seeking an Underwriter to support our Commercial Property team in Canada. This role is primarily responsible for underwriting large commercial property business

Some of the key responsibilities for this role include:

Underwriting

Underwrite new and renewal commercial property business
Structure tailormade solutions within the team underwriting parameters
Evaluate appropriate risk, reinsurance cessions, and capital exposure to ensure profitability
Comply with Beazley's underwriting control standards
Maintain strong knowledge of market trends and competitor behaviors
Operate as a senior member of the team, providing internal support and handling key broker relationships.

Client Management

Advise, assist and service clients on insurance and risk matters
Foster positive relationships with clients and brokers
Maintain awareness of overall Beazley product range and take advantage of opportunities to introduce other Beazley products to clients

General

Develop best practice and disseminate business and class knowledge within the Property Risks team and across the company
Collaborate with peers within the department to maximize business opportunities and profitability
Work with operations, IT, and product support to drive operational efficiency
Assist in business planning and strategy as required
Business travel as required

Personal Specification:

***
Education and Qualifications

University Degree or diploma within a related discipline
Completed or working towards Insurance designation(s) considered to be an asset

Skills and Abilities

Proficient underwriting skills
Experience with Catastrophe management
Accurate and numerate
Computer skills
Strong analytical skills with attention to detail
Able to communicate effectively with others
Motivational skills, team worker as well as able to work on own initiative
Ability to manage time, meet deadlines and prioritize

Knowledge and Experience

General commercial and financial knowledge
Extensive experience in large and middle market property placements
Advanced knowledge of underwriting systems and processes
Recognized relationships within the brokerage community

Aptitude and Disposition

Results focused, selfmotivated, flexible and enthusiastic
Professional approach
Team worker as well as able to work on own initiative
Customer focused

Competencies

Achievement drive
Analytical thinking
Strategic thinking
Service focus
Team working
Conceptual thinking
Forward thinking

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
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 elearning 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.