Jobs
>
Chicago

    Assistant Underwriter - Chicago, United States - Beazley

    Beazley
    Beazley Chicago, United States

    3 weeks ago

    Default job background
    Description
    General


    Job Title:
    Assistant Underwriter

    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
    Underwriting Support
    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
    General

    It is important that within all your interactions both internally and externally you adhere 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:

    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.

    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
    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
    Knowledge and Experience
    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
    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.

    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 from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability.

    Our three core values inspire the way we work and how we treat our people and customers.
    Be bold
    Strive for better
    Do the right thing

    Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us – our ambitious inclusion & diversity and sustainability targets are testament to this.

    We are proud to offer a flexible working environment, where our employees are able to work from the location that they consider most appropriate for the tasks they are undertaking.

    There will still be a requirement to attend the office based on business need, but our people are empowered to work with their teams to establish a model that works well for the individuals and for stakeholders.

    Explore a variety of networks to assist with professional and/or personal development


    Our Employee Networks include:
    Beazley RACE - Including, understanding and celebrating People of Colour
    Beazley SHE - Successful, High potential, Empowered women in insurance
    Beazley Proud - Our global LGBTQ+ community
    Beazley Wellbeing - Supporting employees with their mental wellbeing
    Beazley Families - Supporting families and parents-to-be
    We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:
    Internal Pathways (helping you grow into an underwriting role)
    iLearn (our own learning & development platform)
    LinkedIn Learning
    Mentorship program
    External qualification sponsorship
    Continuing education and tuition reimbursement
    Secondment assignments
    Beazley SHE - Successful, High potential, Empowered women in insurance
    Beazley Proud - Our global LGBTQ+ community
    As a Beazley employee, you are provided access to our fantastic array of benefits. We are committed to offering employees and their families a comprehensive benefits package.

    Examples of some of our benefits include:
    Lifestyle allowance
    Commuting reimbursement
    Free in-office lunch, daily
    Six months parental leave
    Sabbatical (after 10 years of service)
    Retirement plan matching (varies by country)
    Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is $50,000 - $60,000 per year plus discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.

    #J-18808-Ljbffr
  • Hire Integrated

    Underwriter Assistant

    4 days ago

    Hire Integrated Chicago, United States

    Job Description · Job DescriptionSalary: · Location: Rolling Meadows, IL – Additional office opening in Chicago, soon · Unlock Your Potential – Join a Prestigious Underwriting Team at Origin Specialty Underwriters · Are you a driven, detail-oriented professional with Property an ...

  • Westfield

    WSP Underwriting Assistant

    6 days ago

    Westfield Chicago, United States

    Westfield Specialty is a start-up segment within Westfield Group, an Ohio-based insurer providing both personal and commercial lines insurance for 175 years. Westfield Specialty launched operations in Q3 2021 with eight specialty products with this product set anticipated to expa ...

  • Cinnaire

    Assistant Equity Underwriter

    3 weeks ago

    Cinnaire Chicago, United States

    Job Summary: · The Assistant Equity Underwriter assists Equity Underwriters in evaluating and structuring real estate equity investments and assessing the risks and mitigants associated with such. · Essential Duties and Responsibilities: · Prepares routine to moderately complex ...

  • Beazley

    Assistant Underwriter

    3 weeks ago

    Beazley Chicago, United States

    GeneralJob Title: Assistant UnderwriterDivision : Underwriting OperationsReports To : As per Beazley Org StructureKey Relationships : Underwriters, Brokers, Underwriting Assistants, UCO, and external clients and suppliers.Job Summary:To provide support and assistance to Underwrit ...

  • Crum and Forster

    Underwriting Assistant

    2 weeks ago

    Crum and Forster Chicago, United States

    · Underwriting Assistant - Hybrid · Job Locations · US-IL-CHICAGO · Job ID · Category · UW Operations · Type · Regular · Division · Seneca · Crum & Forster Company Overview · Crum & Forster (C&F) with a proud history dating to 1822, provides specialty and standard commercial lin ...

  • Chubb

    Underwriting Assistant

    1 week ago

    Chubb Chicago, United States

    Job Description · Underwriting Assistant- (Chubb Global Casualty Domestic- National Accounts) · Under supervision provide technical Underwriting and administrative support for less complex assigned National Accounts while adhering to published National service standards. · Line ...

  • Velocity Risk

    Underwriting Assistant

    3 weeks ago

    Velocity Risk Chicago, United States

    By innovating the connection of risk and capital, Velocity Risk delivers specialty property insurance in catastrophe prone communities. Embracing Nature's volatility and turning "problems" into potential, we are transforming old insurance practices. Our uncommon approach to busin ...

  • Odyssey Group

    Underwriting Assistant

    2 weeks ago

    Odyssey Group Chicago, United States

    Headquartered in New York City with offices throughout the U.S. and in Vancouver, Canada, Hudson is a market-leading specialty insurer that offers a wide range of property and casualty insurance products to corporations, professional firms and individuals through retailers, whole ...

  • Core Specialty

    Underwriting Assistant

    2 days ago

    Core Specialty Chicago, United States

    This role will be responsible for providing administrative and underwriting support to the underwriting team within the E&O Division which includes LPL. · Key Accountabilities/Deliverables: · - Creating new business accounts in the appropriate system(s) and filing all relevant do ...

  • Crum & Forster

    Underwriting Assistant

    3 weeks ago

    Crum & Forster Chicago, United States

    Crum & Forster Company Overview: · Crum & Forster (C&F) with a proud history dating to 1822, provides specialty and standard commercial lines insurance products through our admitted and surplus lines insurance companies. C&F enjoys a financial strength rating of "A" (Excellent) b ...

  • Kalepa Insurance Services, LLC

    Assistant Vice President, Underwriter

    2 days ago

    Kalepa Insurance Services, LLC Chicago, United States

    Underwriting Careers at Industry Leaders · Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance · Assistant Vice President, Underwriter - Workers Compensation · Job Description · This is an opportunity to join Ascot Group - one o ...

  • Ascot Group

    Assistant Vice President, Underwriter

    3 days ago

    Ascot Group Chicago, United States

    This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations. · Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose: One A ...

  • At-Bay

    Assistant Vice President, Underwriting

    1 week ago

    At-Bay Chicago, United States

    About At-Bay · At-Bay is the worlds first InsurSec provider designed from the ground up to help businesses tackle cyber risk head on. By combining industry-leading insurance with world-class cybersecurity technology, At-Bay offers end-to-end prevention and protection for the dig ...

  • Cinnaire

    Assistant Equity Underwriter

    3 weeks ago

    Cinnaire Chicago, United States

    Job Summary: The Assistant Equity Underwriter assists Equity Underwriters in evaluating and structuring real estate equity investments and assessing the risks and mitigants associated with such.Essential Duties and Responsibilities:Prepares routine to moderately complex property ...

  • Everest Insurance®

    Underwriting Assistant

    2 weeks ago

    Everest Insurance® Riverside, United States

    Title: · Underwriting Assistant · Company: · Everest Reinsurance Company · Job Category: · Underwriting · Job Description: · About Everest · Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsid ...

  • AmTrust Financial Services, Inc.

    Underwriting Assistant I

    1 week ago

    AmTrust Financial Services, Inc. Chicago, United States

    Overview: · **This position is a hybrid work schedule 3 days in office 2 days remote in our Chicago, IL or Dallas, TX office** · **Responsibilities**: · - Works closely with underwriters in handling policy requests and renewals. · - Follows underwriting guidelines, state regulati ...

  • Berkley

    Underwriting Assistant

    5 days ago

    Berkley Schaumburg, United States

    Company Details · Berkley Professional was founded in October 2008 as an operating unit of , one of the nation's premier commercial property casualty insurance providers, by a team of management liability professionals with a combined total of over fifty years of experience in ...

  • Allied World

    Assistant Vice President, Excess Casualty Underwriting

    4 days ago

    Allied World Chicago, United States

    Job Description - Sr. Underwriter/AVP, Excess Casualty Underwriting · Job Description · Sr. Underwriter/AVP, Excess Casualty Underwriting · - · ( · ) · Description · Job Summary: · Will be responsible for managing and growing a portfolio and book of business for company's Gen ...

  • Allied World

    Assistant Vice President, Excess Casualty Underwriting

    22 hours ago

    Allied World Chicago, United States

    Job Description - Sr. Underwriter/AVP, Excess Casualty Underwriting · Job Description · Sr. Underwriter/AVP, Excess Casualty Underwriting · - · ( · ) · Description · Job Summary: · Will be responsible for managing and growing a portfolio and book of business for companys ...

  • W. R. Berkley

    Underwriting Assistant

    6 days ago

    W. R. Berkley Schaumburg, United States

    The Underwriting Assistant (UA) provides set up and administration assistance to the underwriting team. The UA will assist in the production and maintenance of business by providing administrative support to the underwriting department that is timely Underwriting, Assistant, Tech ...