At a Glance
- Tasks: Lead and grow innovative insurance programs while collaborating with a dynamic team.
- Company: Beazley, a specialist insurance company with over 30 years of experience.
- Benefits: Inclusive workplace culture, professional development, and opportunities for career growth.
- Other info: Join a diverse team committed to excellence and innovation.
- Why this job: Make a real impact in the insurance industry and develop your leadership skills.
- Qualifications: Experience in underwriting and strong leadership abilities required.
The predicted salary is between 80000 - 100000 £ per year.
At Beazley Management Limited, we’re seeking a committed and driven Product Leader to become part of our Specialty Portfolio Solutions team in London, UK. This position provides an excellent opportunity to guide and grow our Professional, Allied Medical, and Cyber delegated programs within the US Specialty Programs Focus Group. If you have a strong interest in portfolio led business, along with demonstrated experience in underwriting and leading teams, this might be the ideal role for you!
Key Responsibilities
- Lead the Pro US Specialty Programs team, backing the overall US Specialty Programs business plan and underwriting.
- Coordinate direct reporting underwriters and indirect reports, ensuring team growth and development.
- Develop and implement business strategies in collaboration with the US Specialty Programs Focus Group Leader.
- Plan, direct, and coordinate the team to achieve business objectives and target profitability.
- Track the portfolio and apply necessary changes to guarantee sustained profitability.
- Ensure compliance with all relevant company, regulatory, and legal standards.
- Travel for key conferences and client visits as needed.
- Provide active oversight of all Pro US Specialty Programs underwriting and related functions.
Underwriting
- Develop and underwrite a profitable portfolio of Professional, Miscellaneous Medical, and Cyber business within the Specialty Portfolio Solutions Team.
- Structure tailor‑made solutions to win new business and retain existing clients.
- Track premiums, expenses, and claims ratios, implementing adjustments to maintain profitability.
- Assess suitable risk premium by taking various factors into account to guarantee profitability.
- Ensure compliance with Beazley’s underwriting control standards.
- Develop strong working relationships with claims managers.
Client Management
- Provide outstanding service to clients on insurance and risk matters.
- Foster positive relationships with clients to understand their needs and Beazley’s offerings.
- Develop and maintain trading relationships with new and existing Coverholders.
- Maintain excellent business relationships with brokers.
- Promote the Beazley product range and introduce other products to clients when opportunities arise.
Team Leadership
- Provide leadership, direction, and support to the team.
- Foster a spirit of inclusion, teamwork, and unity that reflects Beazley’s workplace culture.
- Act as a manager, mentor, and coach to direct reports, ensuring continuous development.
- Provide effective performance feedback and address poor performance as appropriate.
- Maintain transparent and effective communication within the department.
- Encourage knowledge sharing and effective delegation to minimize key person dependencies.
- Ensure team resources are effectively applied and people are appropriately challenged.
- Encourage direct reports to think proactively about their careers and development opportunities.
General
- Leverage networking opportunities to develop standardized underwriting policy and guidelines.
- Collaborate with peers within Specialty Treaty and Business Portfolio Solutions to enhance business opportunities.
- Share knowledge within the Beazley Group to guarantee alignment with guidelines and profitability.
- Produce presentations and marketing literature as required.
- Develop business plans and research documents for the US Specialty Programs account as needed.
Personal Specification
Skills and Abilities
- Proficient underwriting skills with strong analytical abilities.
- Excellent communication skills, both verbal and written.
- Strong leadership and motivational skills.
- Advanced computer skills, particularly with MS Office and Excel.
Knowledge and Experience
- Extensive experience in the insurance industry and casualty underwriting.
- Detailed knowledge of underwriting policies, processes, and systems.
- Client service experience with a strong ethic of service and fairness.
Competence and Disposition
- Result-focused, self-motivated, and enthusiastic.
- Professional approach to interactions with managers, colleagues, and external suppliers.
- Great teammate with the ability to work independently.
- Customer-focused with a dedication to delivering outstanding service.
Proficiencies
- Leadership, analytical thinking, and critical thinking.
- Service focus, teamwork, and forward-thinking.
- Developing people and conceptual thinking.
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 inspire our clients and people with the confidence and freedom to explore, create and build – to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market. Our goal is to become the highest performing sustainable specialist insurer. 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. At Beazley, we believe in Being Bold, Striving for Better, and Doing the Right Thing.
Don’t meet all the requirements? At Beazley we’re committed to building a diverse, inclusive, and authentic workplace. If you’re excited about this role but your experience doesn’t perfectly align with every requirement and qualification in the job specification, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.
Product Leader - US Speciality Programs, Speciality Portfolio Solutions employer: Beazley Management Limited
Beazley Management Limited is an exceptional employer, offering a dynamic work environment in London that fosters professional growth and collaboration. With a strong commitment to diversity and inclusion, employees are encouraged to develop their skills while contributing to innovative insurance solutions. The company promotes a culture of teamwork and support, ensuring that every team member feels valued and empowered to achieve their career aspirations.
Contact Details:
Beazley Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Product Leader - US Speciality Programs, Speciality Portfolio Solutions
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Beazley Management Limited). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Beazley Management Limited. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Product Leader - US Speciality Programs, Speciality Portfolio Solutions
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Beazley Management Limited.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Beazley Management Limited. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Beazley Management Limited
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Beazley Management Limited to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Beazley Management Limited, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Beazley Management Limited's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.