Job Description

General:

Job Title:

Cyber Wordings Specialist, International Cyber Risks

Division:

Cyber Risks

Reports To:

As per Beazley's organisation chart

Key Relationships:

Cyber Risks Wordings Team, Cyber Risks Underwriting Management Team, Cyber Risks Underwriters, Cyber Risks Business Management, Digital Underwriters, Specialty Risks Underwriters, Specialty Risk Wordings, Cyber Risks Claims, Compliance, Incubation and all other relevant stakeholders

Job Summary:

Provide wordings, product and underwriting management support to Cyber Risks and other Beazley trading teams as necessary with respect to Cyber and Tech products.

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 have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee's diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. 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 a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.



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

Key Responsibilities:

Wordings

Drafting, reviewing, and negotiating international policy wordings (UK and ROW) 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, product and facility negotiations with broking partners. Managing the translation and 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 (e.g. insured counsel). Collaborate with Underwriting Management 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, Product Development, Risk Management, Underwriting Controls and Operations, Marketing and IT. Monitor competitive landscapes for the continuous improvement of wordings and underwriting controls and participate in competitor analysis. 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 Beazley Security, as needed.

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 & Qualifications

Law Degree; and/or Experience in insurance policy wordings

Skills & Abilities

Organised and detailed oriented 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 In addition to English, fluency in and ability to read / draft legal contracts in another European language: Italian preferred.

Knowledge & Experience

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

Aptitude & 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 * Detail oriented