Assistant Regional Manager - Cyber & Technology, Northeast

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Job description

General:

Job Description & Person Specification

Job Title: Northeast Assistant Regional Manager - Cyber & Technology

Division: Cyber Risks

Key Relationships: Brokers, underwriters, claims staff, coverholders, external clients and suppliers

Job Summary: To underwrite a Cyber and Technology E&O account within the Cyber Risks division and provide counsel and advice on underwriting related issues. Provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand.

FLSA: Exempt

Key Responsibilities:

Underwriting

Develop and underwrite a profitable portfolio of Cyber and Technology E&O business as part of the Cyber and Technology E&O team.

Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing.

Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long term profitability at account level.

Evaluate appropriate risk premium by considering the risk costs, reinsurance cessions, capital exposure as well as the underwriting and general administration costs to ensure profitability, using rating models as applicable.

Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the Cyber and Technology E&O account.

Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and Cyber Risks.

Comply with the Group's minimum underwriting standards for business written through Lloyd's, Beazley Insurance Company Inc or Beazley's internal MGAs.

Develop a good working relationship with the claims managers on this class of business.

Northeast Assistant Regional Manager

Responsible for managing a team of underwriters and managing a book of business. The team handles accounts over $35M in revenue including middle market and large risk. The individual would work with the Northeast Regional Manager and other Assistant Manager in Boston to strategize and execute plans for the entire region.

Monitor peer underwriters in their daily work to ensure profitability as well as efficient and cost effective administration of the Cyber & Technology account.

Maintain a positive working culture that aligns with Beazley's core values.

Ensure that all employees have the knowledge and the skills necessary to perform effectively in their given roles and responsibilities.

Ensure team is motivated, coached through challenges and gets appropriate growth and development opportunities.

Structure tailor-made solutions by considering the team underwriting parameters and underwriting policy and using underwriting knowledge and experience to win new business and retain existing.

Client Management

Advise, assist and service clients on insurance and risk matters to ensure clients' satisfaction.

Foster positive relationships with clients to get a mutual understanding of both their and Beazley's needs.

Maintenance of good business relationships with brokers.

Maintain awareness of overall Beazley product range and take advantages of opportunities to introduce other Beazley products to clients.

General

Leverage networking opportunities within the business to develop standardised underwriting policy and best practice within Beazley.

Develop best practice and disseminate business and class knowledge within the Cyber and Technology E&O and Cyber Risks team.

Work with peers within Cyber and Technology E&O and Cyber Risks to maximise business opportunities and profitability within the department. This will include but not be limited to sharing market information, marketing sources and cross selling opportunities.

Share and gather knowledge within the Beazley Group to ensure dissemination of best practice and maximise business opportunities and profitability across the Group.

Production of presentations and marketing literature as required.

Production of business plans/research documents for the Cyber and Technology E&O account as required.

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:

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 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

The rewards:

The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, dynamic organization

Attractive base compensation and discretionary performance related annual bonus

Competitively priced medical, dental and vision insurance

Company paid life, and short- and long-term disability insurance

401(k) plan with 5% company match and immediate vesting

22 days annual PTO (full-time, prorated for 1st calendar year of employment), plus paid public holidays with the ability to flex the religious bank holidays to suit your religious beliefs. Additional PTO purchase is available up to a maximum of 5 days per calendar year.

Up to $700 reimbursement towards home office setup

Free in-office lunch, travel reimbursement for travel to office, and monthly lifestyle allowance in support of your wellbeing

The opportunity to save for, and purchase, shares of Beazley stock

Six months fully paid parental leave, regardless of how you come to parenthood

Company paid sabbatical up to 12 weeks after 10 years of continued service

Support with exam/study leave and fees for relevant qualifications related to furthering education

Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually

Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business

Salary for this role will be tailored to the successful individual's location and experience. The expected compensation range for this position is 180k - 200k per year plus profit related pay and discretionary annual bonus. You will be able to discuss your salary expectations should you be contacted about this role.

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.

This document is subject to review after consultation with your Manager.

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