At a Glance
- Tasks: Support Underwriters by reviewing business, managing accounts, and making underwriting decisions.
- Company: Beazley, a leading insurance firm with a dynamic culture.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Join a team where your contributions directly impact the underwriting process.
- Qualifications: Fluent in German, with administrative experience and strong analytical skills.
- Other info: Great opportunity for career growth in the insurance sector.
The predicted salary is between 36000 - 60000 £ per year.
Assistant Underwriter – Cyber (12‑month secondment) Must speak German fluently.
Division: Underwriting Operations
Reports To: As per Beazley Org Structure
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.
- Other duties assigned from time to time.
- 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.
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.
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 – 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 prioritize.
Essential Criteria
- Proven administrative experience, preferably within the insurance or financial services sectors.
- Proven background in accurate, high volume data entry.
- Underwriting Assistant experience is advantageous.
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 (German speaking) in Birmingham employer: Beazley
Contact Detail:
Beazley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Assistant Underwriter - Cyber (German speaking) in Birmingham
✨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.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of underwriting processes and cyber risks. Show us you’re not just a candidate, but someone who’s genuinely interested in the field and ready to contribute.
✨Tip Number 3
Practice your German! Since this role requires fluency, make sure you can confidently discuss underwriting concepts in German. It’ll set you apart and show us you’re serious about the position.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our team at Beazley.
We think you need these skills to ace Assistant Underwriter - Cyber (German speaking) in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Assistant Underwriter role. Highlight any relevant experience in underwriting or insurance, and don’t forget to showcase your fluency in German. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your skills align with our needs. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Analytical Skills: Since this role involves risk analysis and decision-making, make sure to highlight any experiences that demonstrate your analytical thinking. We’re looking for someone who can tackle challenges head-on, so share examples of how you've done this in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining the StudySmarter family!
How to prepare for a job interview at Beazley
✨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 Application checks' so you can speak confidently about them.
✨Showcase Your Language Skills
Since fluency in German is a must, be prepared to demonstrate your language skills during the interview. Practice answering common interview questions in German to show that you're comfortable communicating in both English and German.
✨Prepare for Relationship Building Questions
Expect questions about how you would build and maintain relationships with brokers and clients. Think of examples from your past experiences where you've successfully developed professional relationships and be ready to share those stories.
✨Highlight Your Attention to Detail
Given the role's focus on accuracy and data entry, prepare to discuss how you ensure precision in your work. Bring examples of how you've managed high volumes of data accurately in previous roles, as this will resonate well with the interviewers.