Beazley Management Limited - Chicago, IL
posted 3 months ago
The Underwriter - Cyber Risks position at Beazley Management Limited involves underwriting a Cyber & Technology account within the US Cyber Risks team. The role requires providing counsel and advice on underwriting-related issues while maintaining and improving the market reputation of the Beazley brand. As an exempt position, the underwriter will be responsible for developing and underwriting a profitable portfolio of Cyber & Technology business, structuring tailor-made solutions, and managing innovation in non-insurance service offerings. The underwriter will also monitor premiums, costs, and claims ratios to ensure long-term profitability at the account level, evaluate appropriate risk premiums, and supervise assistants to ensure compliance with underwriting policies. In addition to underwriting responsibilities, the role includes client management, where the underwriter will advise and assist clients on insurance and risk matters, fostering positive relationships to understand both client and Beazley’s needs. The underwriter will leverage networking opportunities to develop standardized underwriting policies and best practices, working collaboratively with peers to maximize business opportunities and profitability. The position emphasizes adherence to Beazley’s core values of being bold, striving for better, and doing the right thing, ensuring that all interactions are focused on delivering fair outcomes for customers. The ideal candidate will possess strong analytical skills, effective communication abilities, and a professional approach to interacting with colleagues and external suppliers. A background in the insurance industry, particularly in Cyber & Technology underwriting or broking, is essential, along with a thorough knowledge of underwriting policies and practices. The role offers the opportunity to connect and build long-lasting professional relationships while advancing within a growing, dynamic organization.