At a Glance
- Tasks: Underwrite and manage a portfolio of marine (re)insurance business while building client relationships.
- Company: Leading insurer in the City with a focus on marine insurance.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Opportunity to mentor junior team members and engage in strategic initiatives.
- Why this job: Join a growing team and make an impact in the marine insurance sector.
- Qualifications: 5+ years in underwriting or broking with strong analytical and negotiation skills.
The predicted salary is between 60000 - 80000 £ per year.
About us
Avencia Talent Solutions are exclusively recruiting on behalf of a leading Insurer based in the City who are looking to expand their Marine team for a Senior Underwriter to join.
The role
The primary focus of this role is originating, modelling, administering, and underwriting a portfolio of (re)insurance business.
Key accountabilities
- Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
- Assist and work with risk modelling and pricing tools
- Originate, leverage, build and maintain broker and client relationships
- Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements
- Ensure accuracy and integrity of underwriting data in group underwriting systems
- Prepare and issue quotes on an accurate and timely basis
- Supervising and/or mentoring junior members of the team
- Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required
- Assist with strategic initiatives as needed to promote business growth
Skills & experience
- Minimum of 5 years' experience in a broking or underwriting capacity in the relevant line of business
- Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings
- Strong understanding of the underwriting marketplace
- Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles
- Proven negotiator, with demonstrated ability to attract new business and retain clients
Senior Underwriter – Marine Hull employer: Avencia Talent Solutions Limited
Avencia Talent Solutions offers a dynamic and supportive work environment as a Finance Business Partner, where you will play a crucial role in driving financial insights and decision-making for a leading Corporate & Specialty Insurer. With a strong emphasis on employee growth and development, the company fosters a culture of collaboration and innovation, providing opportunities to enhance your financial acumen while working alongside experienced professionals in a global setting. Located in the UK and Ireland, this role not only allows you to contribute to meaningful projects but also to be part of a well-established organisation with over 120 years of industry experience.
Contact Details:
Avencia Talent Solutions Limited Recruitment Team
