At a Glance
- Tasks: Assess and price Marine Professional Indemnity risks while building strong client relationships.
- Company: Join a dynamic team at Pen, backed by Gallagher, transforming the insurance landscape.
- Benefits: Competitive salary, career growth opportunities, and a collaborative work environment.
- Other info: Be part of a fast-paced team that values creativity and accountability.
- Why this job: Make a real impact in the marine sector with innovative underwriting solutions.
- Qualifications: Strong analytical skills and experience in underwriting or marine insurance.
The predicted salary is between 55000 - 65000 € per year.
At Pen, we don’t just underwrite risk, we unlock possibility. We’re a dynamic underwriting and distribution business backed by the strength of Gallagher and powered by a belief that every challenge has a solution. With entrepreneurial energy, niche expertise, and a bold growth mindset, we’re transforming what it means to be an MGA in today’s insurance landscape.
We are looking to recruit an Underwriter or Senior Underwriter to join our Marine Professional Indemnity team, based in our London office. Our Marine Division is a fast‑paced, collaborative group of dynamic professionals who are all driven to succeed.
You will be responsible for the review and pricing of Marine Professional Indemnity business. The role requires deep sector knowledge, strong analytical judgement and the ability to build and maintain high‑value broker and client relationships, while contributing to strategic portfolio growth and profitability.
How you'll make an impact:
- Assess, price and underwrite complex Marine Professional Indemnity risks in accordance with company guidelines and market conditions.
- Analyse technical documentation, risk particulars, loss records, surveys and financial information to make informed underwriting decisions.
- Structure policy terms, conditions and endorsements tailored to client needs and risk appetite.
- Maintain underwriting discipline and ensure compliance with internal controls, regulatory standards and delegated authority levels.
- Manage a renewable book of business, ensuring profitability and alignment with strategic objectives.
- Monitor performance metrics, identify loss trends and propose corrective actions to improve results.
- Contribute to the development of underwriting strategy, pricing models and product enhancements.
- Build and maintain strong relationships with brokers, clients, capacity providers and industry partners.
- Represent the company at market meetings, broker visits and industry events.
- Identify new opportunities and support sustainable growth initiatives within the marine segment.
- Serve as a subject matter expert for internal teams and stakeholders.
- Provide mentorship, technical guidance and training to junior underwriters and support staff.
Underwriter – Freeboard Maritime – Marine Professional Indemnity in London employer: Arthur J. Gallagher & Co. (AJG)
At Pen, we pride ourselves on being an exceptional employer that fosters a culture of innovation and collaboration. Our London office offers a dynamic work environment where your contributions directly impact the future of underwriting in the marine sector. With a strong focus on employee growth, mentorship opportunities, and a commitment to work-life balance, we empower our team members to thrive both personally and professionally while enjoying the stability and backing of Gallagher.
Contact Detail:
Arthur J. Gallagher & Co. (AJG) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter – Freeboard Maritime – Marine Professional Indemnity in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and sector knowledge. Share specific examples of how you've tackled complex problems in the past—this will show them you’re the real deal!
✨Be Ready for the Unexpected
Interviews can throw curveballs, so prepare for some tricky questions! Think about how you’d assess risks or structure policy terms. Practising your responses will help you stay calm and collected when it counts.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our innovative team at Pen.
We think you need these skills to ace Underwriter – Freeboard Maritime – Marine Professional Indemnity in London
Some tips for your application 🫡
Show Your Passion for Marine Insurance:When writing your application, let your enthusiasm for the marine insurance sector shine through. We want to see that you’re not just looking for any job, but that you’re genuinely excited about the opportunity to underwrite Marine Professional Indemnity risks.
Highlight Relevant Experience:Make sure to showcase any previous experience you have in underwriting or related fields. We love seeing how your background aligns with our needs, so don’t hold back on those details that demonstrate your expertise and analytical skills.
Tailor Your Application:Don’t send a generic application! Take the time to tailor your CV and cover letter to reflect the specific requirements of the Underwriter role at Pen. Mention how your skills can contribute to our dynamic team and the innovative work we do.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re proactive and keen to join our team!
How to prepare for a job interview at Arthur J. Gallagher & Co. (AJG)
✨Know Your Marine Sector Inside Out
Before the interview, dive deep into the specifics of Marine Professional Indemnity. Familiarise yourself with current trends, challenges, and key players in the industry. This knowledge will not only impress your interviewers but also help you articulate how you can contribute to their strategic goals.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical judgement and decision-making process. Bring examples of past experiences where you assessed complex risks or structured tailored policy terms. This will demonstrate your capability to handle the responsibilities of the role effectively.
✨Build Rapport with Interviewers
Since relationship-building is crucial in this role, practice engaging with your interviewers. Ask insightful questions about their team dynamics and how they collaborate with brokers and clients. This shows your interest in teamwork and your proactive approach to building relationships.
✨Highlight Your Innovative Mindset
Pen values creativity and innovation, so be ready to share ideas on how you could contribute to developing underwriting strategies or enhancing products. Think about potential improvements or new opportunities within the marine segment that align with their growth mindset.