Wordings Lawyer - Specialty Risks in London

Provide underwriting and wordings support to assigned Beazley Digital and Specialty Risks teams or focus groups and general support across Beazley Digital, Specialty Risks and other Beazley trading teams as necessary.

Who We Are

Beazley is a specialist insurance company with over 30 years' experience helping people, communities and businesses to manage risk all around the world. Our mission is to provide beautifully designed insurance, innovating to give our clients the maximum benefit with minimum hassle. Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.

Our Culture

We employ over 2,500 people globally, hosting a wonderful diversity of cultures, experiences and backgrounds. We are proud of our family-feel culture at Beazley that empowers our staff to work in an adult environment that's big on collaboration, diversity of thought & personal accountability. Our three core values inspire the way we work and how we treat our people & customers – 1) Being bold 2) Striving for better 3) Doing the right thing. Upholding these values every day has enabled us to become an innovative and responsive organisation in touch with the changing world around us – our ambitious L&D & Sustainability targets are testament to this.

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as iLearn (our own learning & development platform), LinkedIn Learning, our mentorship program and external qualification sponsorship. As a Beazley employee, you also get access to our fantastic array of benefits which include commuting reimbursement, free in-office lunch, six months parental leave and a lifestyle allowance, amongst many others.

Key Responsibilities

• Primary focus is on drafting policy wordings and endorsements to support business/underwriting objectives of the assigned Beazley Digital and Specialty Risks teams/focus groups.
• Support the European Underwriters across Multi-Lines including Management Liability, Professional Liability - both large risk and mass risk.
• Line manage direct reports.
• Assist with regulatory projects where there is wordings impact.
• Assist the focus groups in addressing coverage issues raised in the underwriting and negotiation process to assist in successful closing of business opportunities.
• Assist the focus groups in achieving sales and service goals by providing high quality and timely response to queries raised.
• Providing support and advice on underwriting, product development, and coverage issues.
• If qualified, review confidentiality agreements, warranty statements and other agreements as needed for US/UK/RoW Beazley Digital and Specialty Risks Underwriters in order to engage in the underwriting process.
• Assist Beazley Digital and Specialty Risks underwriters in addressing bespoke coverage requests; requires interaction with Brokers, Insureds, other key external stakeholders (e.g. external counsel).
• Support the trading team to facilitate an organised knowledge management and sharing process.
• Coordinate projects and work collaboratively with other key stakeholders internally, including but not limited to Compliance, Claims, Conduct Risk, UW Controls and Operations, Beazley Digital, Specialty Risks, Marketing and IT.
• Monitor competitive landscapes for the continuous improvement or wordings and underwriting controls.
• Participate in Team/Focus Group business planning, away days, broker/client meetings and other marketing events, as required and appropriate.
• Provide assistance with additional projects and/or legal services (if qualified) for Business Management, Beazley Digital, Specialty Risks or other Beazley teams, as needed.
• Monitor claims developments and impact of wording on claims.

General

It is important that within all your interactions both internally and externally you adhere to 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 People & Sustainability 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 People & Sustainability 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

Education & Qualifications

• Law Degree preferred.
• European Legal qualification preferred.

Skills & Abilities

• Organised and detailed oriented.
• Computer skills – good working knowledge of MS office.
• Ability to communicate effectively with others, both verbally and in writing.
• Self-motivated team worker who is also able to work on own initiative.
• Proven ability to manage time, meet deadlines, and prioritise.
• Able to maintain standards and professionalism during periods of fluctuating workloads.

Knowledge & Experience

• Relevant professional level experience required.
• Insurance-related experience preferred.
• Strong client service skills required.
• Knowledge and experience of Professional and/or General Liability, Architects and Engineers or Healthcare.

Aptitude & Disposition

• Task-focused, self-motivated and flexible.
• Consistently professional approach.
• Able to successfully interact with managers/underwriters/colleagues/external suppliers.
• Positive, enthusiastic and service oriented.

Competencies

• Achievement orientation.
• Analytical thinking.
• Information seeking.
• Customer focus.
• Team working.
• Initiative.
• Problem solving.
• Detail oriented.