International Wordings Lawyer - New York, United States - Beazley Group

Description

Job description and person specification

Exciting opportunity to join Beazley's Cyber Risks Wordings team. We are looking for an International Wordings Attorney.

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 1,500 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) Be bold 2) Strive for better 3) Do 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.

Job Title: Wordings Lawyer, International Cyber Risks

Division: Cyber Risks

Reports To: Head of Cyber Risks Wordings

Key Relationships: Cyber Risks Underwriting Management Team, Cyber Risks Underwriters, Cyber Risks Business Management, Digital Underwriters, Speciality Risks Underwriters, Speciality Risk Wordings, Cyber Risks Claims, Compliance, Incubation and all other relevant stakeholders

Job Summary: Provide underwriting and wordings support to Cyber Risks and other Beazley trading teams as necessary with respect to Cyber and Tech products.

Key Responsibilities:

Wordings

• Primary focus is on:
• Drafting and reviewing international policy wordings and endorsements to support business/underwriting objectives of Cyber Risks.
• Assisting international Cyber Risks Underwriters in addressing coverage issues raised in the underwriting and negotiation process to enable successful closing of business opportunities.
• Leading wordings negotiations with broking partners.
• Managing the localisation of wordings and endorsements for different countries where required.
• Assist Cyber Risks Underwriters in achieving sales and service goals by providing high quality and timely response to queries raised.
• Providing support on underwriting, product development, and coverage issues.
• Review confidentiality agreements and warranty statements as needed for Cyber Risks Underwriters to engage in the underwriting process.
• Assist Cyber Risks Underwriters in addressing bespoke coverage requests; this requires interaction with Brokers, Insureds, other key external stakeholders (i.e. insured counsel).
• Collaborate with the Head of Underwriting Management, the Head of International Underwriting Management and the Cyber Risks Product Owner and Underwriting Manager to facilitate an organised knowledge management and sharing process.
• Coordinate projects and work collaboratively with other key stakeholders internally, including but not limited to other Cyber Risks Underwriting Management teammates, Speciality Risk Wordings, Compliance, Claims, Conduct Risk, UW Controls and Operations, Marketing and IT.
• Monitor competitive landscapes for the continuous improvement of wordings and underwriting controls.
• Participate in Cyber Risks Business Planning, Away Days, Broker/Client meetings and other Marketing events, as required and appropriate.
• Provide assistance with additional projects and/or legal services for Cyber Risks Underwriting Management, Underwriters and Cyber Services, as needed.
• Monitor claims developments and impact of wording on claims.
• Participate in strategy review and structure of the wordings team together with the Head of Cyber Risks Wordings.

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 which incorporates the PRA and FCA Conduct. Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People 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 Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley's underwriting control standards, Beazley's claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification:

Education and Qualifications

• Law Degree; and/or
• Experienced in wordings (holding or having held a senior wordings position)

Languages (other than English)

• Fluency in and ability to read and draft legal contracts in other languages would be highly favoured, especially in German, French, Spanish, and/or Italian.

Skills and 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 and Experience

• Relevant professional level experience required
• Insurance-related experience preferred
• Strong client service skills required

Aptitude and 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
• Developing people
• Detail oriented