At a Glance
- Tasks: Lead and grow innovative insurance programs while collaborating with a dynamic team.
- Company: Beazley, a forward-thinking insurance company committed to diversity and inclusion.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Join a supportive environment that values creativity and teamwork.
- Why this job: Make a real impact in the insurance industry while developing your leadership skills.
- Qualifications: Experience in underwriting and strong leadership abilities are essential.
The predicted salary is between 70000 - 90000 £ per year.
This job is with Beazley, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Leadership, analytical thinking, and critical thinking.
- Service focus, teamwork, and forward-thinking.
- Developing people and conceptual thinking.
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 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
Beazley is an exceptional employer that champions inclusivity and diversity, making it a fantastic place for professionals to thrive. With a strong focus on employee growth, the company fosters a collaborative work culture where team members are encouraged to develop their skills and take on new challenges. Located in London, Beazley offers unique opportunities to engage with a global client base while being part of a mission-driven organisation dedicated to innovation and excellence in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Product Leader - US Speciality Programs, Speciality Portfolio Solutions
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Beazley and understanding their values and products. Tailor your responses to show how your experience aligns with their mission of being bold and striving for better.
✨Tip Number 3
Practice your pitch! Be ready to explain how your skills in underwriting and team leadership can contribute to the US Specialty Programs. Keep it concise and impactful to grab their attention.
✨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 serious about joining the Beazley team.
We think you need these skills to ace Product Leader - US Speciality Programs, Speciality Portfolio Solutions
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Product Leader role. Highlight your underwriting experience and leadership skills, as these are key for us at Beazley.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about the insurance industry and how you can contribute to our Specialty Portfolio Solutions team. Be genuine and let your personality shine through!
Showcase Your Achievements:When detailing your past roles, focus on specific achievements that demonstrate your ability to lead teams and drive profitability. Numbers and results speak volumes, so don’t hold back!
Apply Through Our Website:We encourage you to apply directly through our website. This ensures your application gets to the right people and shows us you're serious about joining our team at Beazley.
How to prepare for a job interview at Beazley
✨Know Your Stuff
Before the interview, dive deep into Beazley’s products and services, especially those related to Professional, Allied Medical, and Cyber business. Familiarise yourself with their underwriting policies and recent developments in the insurance industry to show you’re genuinely interested and informed.
✨Showcase Your Leadership Skills
Be prepared to discuss your leadership style and how you've successfully managed teams in the past. Think of specific examples where you’ve fostered teamwork and inclusion, as these qualities align with Beazley’s workplace culture.
✨Client-Centric Mindset
Highlight your experience in client management and how you’ve built strong relationships in previous roles. Be ready to share examples of how you’ve understood client needs and tailored solutions to meet them, which is crucial for this role.
✨Ask Insightful Questions
Prepare thoughtful questions about the US Specialty Programs and how they align with Beazley’s overall strategy. This not only shows your interest but also gives you a chance to assess if the company culture and goals resonate with you.
