We have an exciting opportunity for a German-speaking underwriter to join our vibrant, multicultural Barcelona office as part of our continental European Specialty Risk team. We are looking for an insurance professional to work across our Financial Lines portfolio (including D&O and FI) with a specific focus on the Swiss middle market segment. We are seeking a team player with a “can-do”, service-minded attitude and existing knowledge of and network in Switzerland. You need to be curious, adaptable and motivated to help drive profitable growth across the portfolio.

Beazley is a flexible and innovative employer offering a friendly, collaborative, diverse and inclusive work environment. We actively encourage and expect applications from all backgrounds. We empower people to choose where to work given the work they need to do. Collaboration in office spaces is important, but we do not mandate a set number of days in the office or from home – you decide what works best for you, your role and the team you are in. Beazley offers a competitive salary and bonus with a strong benefits package, including commuting reimbursement, lunch vouchers, excellent parental leave and financial, physical and mental wellbeing contributions.

Job Description And Person Specification

Job Title: Underwriter – International Financial Lines (Swiss focus)

Division: Specialty Risks

Location: Barcelona

Key Relationships: Brokers, underwriters, head of international specialties, broker relations team, claims, coverholders, external clients and suppliers

Job Summary: To assist with the planning and execution of the short and long term growth of a profitable Financial Lines book with a focus on Switzerland. To provide counsel and advice on underwriting related issues; to provide technical expertise in this business area and maintain and improve market reputation of the Beazley brand.

Key Responsibilities

Underwriting

• Collaborate to develop and underwrite a profitable portfolio of Financial Lines (Management Liability and Financial Institutions) business as part of the International Financial Lines team with a particular focus on the Swiss markets.
• 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 Financial Lines account.
• Monitor and supervise assistants in their daily work to ensure compliance with underwriting philosophy and policy and consistency within the team and International Financial Lines.
• Comply with Beazley’s underwriting control standards for business written through Lloyd’s, our European subsidiaries or Beazley’s internal MGAs.
• Develop a good working relationship with the claims managers on this class of business.
  

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 advantage 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.
• Collaborate to develop best practice and disseminate business and class knowledge within the Financial Lines and Specialty Risks teams.
• Work with peers within International Financial Lines and Specialty 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 research documents for the account as required.
  

" We Also Expect Beazley Employees To

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.

• Comply with Beazley procedures, policies and regulations including the code of conduct
• 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.
  

Personal Specification

Skills and Abilities

• Proficient underwriting skills
• Accurate and numerate
• Strong sales affinity
• Computer skills – good working knowledge of MS Office, advanced Excel skills
• Strong analytical skills with attention to detail
• Able to communicate effectively with others, both verbally and in writing
• Ability to manage time, meet deadlines and prioritise
• Motivational skills
• Fluency in German as well as English; additional languages advantageous
  

Knowledge And Experience

• General commercial and financial knowledge
• Experience of Financial Lines underwriting or broking
• Good knowledge of Beazley’s key markets within Continental Europe, particularly Switzerland
• Thorough knowledge of underwriting policy, philosophy and practice
• Client service experience
  

Aptitude and Disposition

• Result focused, self-motivated, flexible and enthusiastic
• Professional approach to interact successfully with managers/ colleagues/ external suppliers
• Team worker as well as able to work on own initiative
• Customer focused, with a strong ethic of service and fairness to the customer
  

Competencies

• Achievement drive
• Analytical thinking
• Strategic thinking
• Service focus
• Team working
• Forward thinking
• Conceptual thinking
  

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 description, we encourage you to apply anyway. You might just be the right candidate for this, or one of our other roles.