At a Glance
- Tasks: Support Underwriters by reviewing business, managing accounts, and making underwriting decisions.
- Company: Beazley, a leading insurance company with a focus on teamwork and integrity.
- Benefits: Gain valuable experience in the insurance industry while developing professional skills.
- Why this job: Join a dynamic team and make an impact in the fast-paced world of cyber underwriting.
- Qualifications: Fluent in German and English, with strong data entry and analytical skills.
- Other info: Ideal for self-motivated individuals looking to grow in a collaborative environment.
The predicted salary is between 36000 - 60000 Β£ per year.
Must speak German fluently.
Key Relationships: Underwriters, Brokers, Underwriting Assistants, UCO, and external clients and suppliers.
Job Summary: To provide support and assistance to Underwriters by reviewing new and renewal business, approving policy changes, and managing account activities throughout the underwriting process.
Key Responsibilities
- Undertake lower complexity tasks that have traditionally sat within Underwriting, that require a UAL in order to administer.
- Ensuring underwriting controls are present and completed within the agreed SLA for all risks that you have underwritten.
- Triage submissions including Vulnerability scanning and Ransomware Application checks.
- Manual population of Beazley Quote Tools.
- Produce Quote Documentation as per the underwriting guidelines.
- Assist Underwriters with risk analysis, consistent with underwriting guidelines.
- Make underwriting decisions, within pre-defined limits and revenue thresholds.
- Confirm pricing and binding conditions are met.
- Attend underwriting training and meetings as appropriate.
- Establishing and developing broker relationships with stakeholders that consistently submit low complexity business to Beazley.
- Ensuring any delegated authority business is only underwritten via approval from Beazley when outside of the exception terms.
- Ensuring any underwriting decisions made that exceed your UAL are appropriately referred and signed off prior to binding.
Broker/Client Interaction
- Provide professional service to brokers via email, telephone, and face to face.
- Serve as the first point of contact for customer inquiries during the account life cycle.
- Maintain and develop key relationships by responding to all client queries in a timely and accurate fashion.
General
It is important that within all your interactions both internally and externally you adhere Beazleyβs 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:
- 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.
- Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People 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.
- Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.
Personal Specification
This role requires someone result focused, self-motivated, flexible and enthusiastic. This role would be ideal for somebody with a professional approach to interact successfully with other clients, building relationships and an ability to negotiate with both internal and external parties.
Essential Criteria
- Able to communicate fluently (both written and verbal) in German and English.
- Proven background in accurate, high volume data entry.
Skills and Abilities
- Fluency in English and other languages based on regional business requirements.
- Demonstrated ability to build relationships with a wide range of stakeholders.
- Accurate and numerate.
- Computer skills β good working knowledge of MS Office.
- Strong analytical skills with attention to detail.
- Effective communication skills (written, verbal, active listening).
- Ability to manage time, meet deadlines and prioritise.
Competencies
- Achievement drive.
- Analytical thinking.
- Information seeking.
- Customer focus.
- Initiative.
- Collaborative.
- Problem solving.
- Detail oriented.
- Team working.
- Time management.
- Relationship development.
- Effective communication.
Aptitude and Disposition
- Result/outcome focused, self-motivated, flexible and enthusiastic.
- Ability to negotiate with both internal and external parties.
- Professional approach to interact successfully with managers/colleagues/external suppliers.
- Team worker and also able to work on own initiative.
- Values continuous personal and professional development.
Assistant Underwriter - Cyber (Italian speaking) in Birmingham employer: Beazley Management Limited
Contact Detail:
Beazley Management Limited Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Assistant Underwriter - Cyber (Italian speaking) in Birmingham
β¨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Beazley or similar companies. A friendly chat can open doors and give you insights that might just land you an interview.
β¨Tip Number 2
Prepare for the interview by brushing up on your underwriting knowledge and the latest trends in cyber insurance. Show us youβre not just a candidate, but someone whoβs genuinely interested in the field!
β¨Tip Number 3
Practice your communication skills in both German and English. Since this role requires fluency, being able to switch between languages smoothly will impress the interviewers and show youβre ready for the job.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets seen by the right people. Plus, it shows youβre serious about joining our team at Beazley.
We think you need these skills to ace Assistant Underwriter - Cyber (Italian speaking) in Birmingham
Some tips for your application π«‘
Tailor Your Application: Make sure to customise your CV and cover letter for the Assistant Underwriter role. Highlight your experience in underwriting support and any relevant skills that match the job description. We want to see how you can bring value to our team!
Show Off Your Language Skills: Since this role requires fluency in German, donβt forget to showcase your language abilities! Whether itβs in your CV or cover letter, let us know how youβve used your language skills in a professional setting.
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and experiences stand out without unnecessary fluff. This will help us see your potential quickly!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way to ensure your application gets to the right people. Plus, youβll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Beazley Management Limited
β¨Know Your Underwriting Basics
Before the interview, brush up on your understanding of underwriting processes, especially in the cyber insurance space. Familiarise yourself with terms like vulnerability scanning and ransomware applications, as these will likely come up during discussions.
β¨Showcase Your Language Skills
Since fluency in German is essential, be prepared to demonstrate your language skills during the interview. Practice answering common interview questions in German to show your confidence and proficiency.
β¨Prepare for Relationship Building
Think about examples from your past experiences where you successfully built relationships with clients or stakeholders. Be ready to discuss how you can apply those skills to develop broker relationships at Beazley.
β¨Emphasise Your Attention to Detail
Given the role's focus on accurate data entry and risk analysis, prepare to discuss how you ensure accuracy in your work. Share specific instances where your attention to detail made a difference in your previous roles.