Underwriter - Hull & War

General

Job Title:
Underwriter - Hull and War


Division:
Hull and War


Reports To:
Focus Group Leader, Hull and War

Key Relationships:
Brokers, Underwriters, claims staff, other Staff, Coverholders, external Clients and Suppliers

Job Summary

To underwrite an Hull and War account within the Hull and War 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.

Key Responsibilities

Underwriting

Develop and underwrite a profitable portfolio of Hull and War business as part of the Hull and War team.
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.
Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary
to ensure long term profitability at account level.
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 peer underwriters in their daily work to ensure profitability as well as efficient and cost
effective administration of the Hull and War account.
Monitor and supervise assistants in their daily work to ensure compliance with underwriting
philosophy and policy and consistency within the team and Hull and War.
Comply with Beazley