Wordings Lawyer - Specialty Risks

General Job Title: Wordings Lawyer Division: Specialty Risks Reports To: As per Beazley’s organisation chart Key Relationships: Business Management, Beazley Digital, Specialty Risks Underwriters, Compliance, Innovation and Product Development and all other relevant stakeholders Job Summary: Provide underwriting and wordings support to assigned Beazley Digital and Specialty Risks teams or focus groups and general support across Beazley Digital, Specialty Risks and other Beazley trading teams as necessary

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 2,500 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) Being bold 2) Striving for better 3) Doing 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

Key Responsibilities: Wordings: Primary focus is on drafting policy wordings and endorsements to support business/underwriting objectives of the assigned Beazley Digital and Specialty Risks teams/focus groups

Primary focus is to support the European Underwriters across Multi-Lines including Management Liability, Professional Liability - both large risk and mass risk Line manage direct reports

Assist with regulatory projects where there is wordings impact

Assist the focus groups in addressing coverage issues raised in the underwriting and negotiation process to assist in successful closing of business opportunities

Assist the focus groups in achieving sales and service goals by providing high quality and timely response to queries raised

Providing support and advice on underwriting, product development, and coverage issues

If qualified, review confidentiality agreements, warranty statements and other agreements as needed for US/UK/RoW Beazley Digital and Speciality Risks Underwriters in order to engage in the underwriting process

Assist Beazley Digital and Specialty Risks underwriters in addressing bespoke coverage requests; requires interaction with Brokers, Insureds, other key external stakeholders (e.g. external counsel)

Support the trading team to facilitate an organised knowledge management and sharing process

Coordinate projects and work collaboratively with other key stakeholders internally, including but not limited to Compliance, Claims, Conduct Risk, UW Controls and Operations, Beazley Digital, Specialty Risks, Marketing and IT

Monitor competitive landscapes for the continuous improvement or wordings and underwriting controls

Participate in Team/Focus Group business planning, away days, broker/client meetings and other marketing events, as required and appropriate

Provide assistance with additional projects and/or legal services (if qualified) for Business Management, Beazley Digital, Specialty Risks or other Beazley teams, as needed

Monitor claims developments and impact of wording on claims

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

Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability 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 People & Sustainability 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 preferred European Legal qualification preferred

Skills & 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 & Experience Relevant professional level experience required Insurance-related experience preferred Strong client service skills required Knowledge and experience of Professional and/or General Liability, Architects and Engineers or Healthcare

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