Underwriting UK Graduate Apprenticeship Programme
Underwriting is the core of Beazley, our Graduate Programme is a 24-month immersive learning experience designed to provide participants with the knowledge and experience needed for a successful career as an Underwriter at Beazley.
Programme participants must be curious; having a growth mindset with high personal integrity; and keen to develop a career in Underwriting with a leading specialist insurer.
Underwriting is the core of Beazley, our Graduate Programme is a 24-month immersive learning experience designed to provide participants with the knowledge and experience needed for a successful career as an Underwriter at Beazley.
Beazley has 5 underwriting divisions, and we are looking for a grad in each area! The recruitment process is done as one ‘underwriting graduate’ pool, but during application we ask if you have a preference for a particular division – you can identify your top 2 preferences, or give no preference at all – either is fine. To help you, we have provided information on each of the divisions below. You will also get to choose a location preference – please note if you have a location preference first, this will automatically remove some of the underwriting division options.
Members of the graduate programme will participate in training rotations across their chosen division’s Underwriting and Business Management functions. This is designed to give you a broad experience resulting in the ability to become a well-rounded Underwriter at Beazley.
Property:
The Property Division comprises of six trading teams; Jewellery fine art & specie, High Value Homeowners, Covers, UK & rest of world Commercial Property, North American commercial property and Property Treaty. We are based mainly in London and the US but also have underwriters in Singapore, Germany, France and China.
We work closely with the exposure management team in analysing climate risk as we provide insurance for properties both on the insurance side and also reinsurance side of the industry. We write both on the Lloyd's platform and through our own company paper.
Specialty:
Speciality Risks (SR) is the largest and most diverse of the Beazley divisions. There are 7 trading teams with 27 focus groups that sit beneath these.
SR has underwriters located in the UK, US, Canada, each of our European offices and Singapore so they have access to every way that a Beazley underwriter can place business.
SR writes liability business in each of these areas, providing cover for some of the largest and most well-known organisations in the world as well as also catering to much smaller businesses, often covered under our programmes books. From retail to streaming services and from law firms to celebrities, SR will give you a broad experience to kick start your career.
Marine, Accident & Political (MAP):
Marine, Accident & Political (MAP) Risks insure a wide range of different risks. From shipping to satellites, professional sportspersons to major concert tours, and geopolitical risks across the globe.
Our specialist underwriters are experts in their areas, keeping up to date with the latest developments, understanding the risks that clients face and working to help them mitigate these.
Our biggest team is based in London, writing international business using Beazley's Lloyd's syndicate and company platforms. MAP also has underwriters based in the US, Europe and Singapore.
Training Outcome:
Following the successful completion of the programme, graduates will move into a full-time Underwriter role within their chosen division
Employer Description:
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.
Working Hours :
Monday- Friday 9am to 5pm Hybrid working available & flexible hours (depending on team accommodation)
Skills:
Communication skills,IT skills,Attention to detail,Organisation skills,Customer care skills,Problem solving skills,Presentation skills,Administrative skills,Number skills,Logical,Team working,Initiative