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Deal Manager, Multinational Solutions

Beazley

Birmingham

On-site

GBP 40,000 - 80,000

Full time

5 days ago
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Job summary

An established industry player is seeking a Deal Manager for Multinational Solutions to facilitate the issuance of Global Programmes policies. This pivotal role involves collaborating with underwriters and local insurers to ensure timely and accurate policy issuance while enhancing the company's capabilities in specialty risks, cyber, and marine cargo. The successful candidate will be a subject matter expert, engaging with various stakeholders and managing relationships to drive quality outcomes. If you are a self-motivated professional with strong analytical and communication skills, this exciting opportunity could be your next career move.

Qualifications

  • Experience in Global Programmes and cross-border insurance is essential.
  • Strong analytical skills with attention to detail required.

Responsibilities

  • Manage the issuance of Global Programmes policies worldwide.
  • Develop and maintain relationships with local insurers and brokers.

Skills

Relationship Building
Analytical Skills
Communication Skills
Time Management
Numeracy

Tools

MS Office
Global Programmes App

Job description

Job Title: Deal Manager, Multinational Solutions

Division: Specialty Risks

Reports To: As per Beazley’s organisation chart

Key Relationships: Global Programmes team, UCO, Underwriters, Brokers, other staff members and external clients and suppliers.

Job Summary: To assist the Underwriters to effectively and efficiently facilitate and manage the end to end process of issuing Global Programmes policies around the world. The successful candidate will become the subject matter expert and initial point of contact for all Global Programme service related questions. This role caters for Beazley’s growing Global Programmes portfolio and will function and contribute in parallel to the ongoing activities and projects dedicated to building and enhancing Beazley’s Multinational Solutions capabilities worldwide. This is a transactional role and is responsible for all lines of business written by Beazley, with initial focus on specialty risks, cyber and marine cargo.

Key Responsibilities:

  • Ensuring the effective, accurate and timely issuance of all policies worldwide.
  • Working with underwriters on initial Global Programmes deal structuring and solution crafting and ensuring that all local and cross border regulatory, tax and capability requirements are accounted for.
  • Working closely with the Head of Global Programmes on the prioritisation, processes, governance and consistent implementation of local policies and global programmes worldwide within prescribed timeframes and in keeping with quality targets.
  • Interfacing, developing and maintaining relationships with local insurers (Beazley owned and network partners), managing policy issuance and timely delivery in line with service level agreements and KPIs, ensuring quality standards are met and managing and fixing issues and bottlenecks within the end-to-end process as required.
  • Working with and guiding relevant UAs to ensure appropriate data entry, quality assurance, document storage and record keeping within Beazley’s systems in adherence to all applicable targets and deliverables.
  • Generating customer & broker reports, Global Programmes tracking, facilitating regular update calls and meetings with internal and external local insurers, brokers and other stakeholders.
  • Providing updates to the Global Programmes Head of Network Management to ensure the continued accuracy of data held on local insurers in the Global Programmes database. Communicating, clearly and concisely, any required changes or updates that are discovered during day to day interaction with local insurers.
  • Working closely with finance, tax and credit control teams in relation to all policies, cessions and money flow within Global Programmes.
  • Attending customer and broker meetings, assisting with internal and external training and attending external market events as required.

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.
  • Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system.

Personal Specification:

Skills & Abilities:

  • Demonstrated ability to build strong relationships with a wide range of stakeholders.
  • Accurate and numerate.
  • Computer skills – good working knowledge of MS Office.
  • Strong analytical skills with attention to detail.
  • Able to communicate effectively with others, both verbally and in writing; experienced presenter.
  • Ability to manage time, meet deadlines and prioritise.

Knowledge & Experience:

  • Experience working within Global Programmes and cross border insurance is required.
  • Working knowledge of Beazley’s PASs and Global Programmes App.
  • Good understanding of Beazley’s insurance wordings structure, especially cyber, financial lines and related coverages is necessary.
  • Ability to anticipate and proactively address bottlenecks, problem solve and think laterally.

Aptitude & Disposition:

  • Result focussed, self-motivated, flexible and enthusiastic.
  • Ability to negotiate with both internal and external parties.
  • Professional approach to interact successfully with clients, brokers, colleagues and external suppliers.
  • Team worker as well as able to work on own initiative.

Competencies:

  • Achievement driven.
  • Analytical thinking.
  • Strategic thinking.
  • Service focus.
  • Team working.
  • Forward thinking.
  • Conceptual thinking.
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