At a Glance
- Tasks: Support the underwriting process and collaborate with Senior Underwriters in the Marine team.
- Company: Join Berkshire Hathaway Specialty Insurance, a trusted global insurance partner.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Other info: Embrace a culture of respect, integrity, and collaboration in a non-bureaucratic setting.
- Why this job: Gain extensive training and develop your career in the exciting Marine insurance sector.
- Qualifications: 2-5 years of insurance experience preferred; strong communication and teamwork skills required.
The predicted salary is between 40000 - 50000 £ per year.
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work.
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Underwriter to join our Marine team in London. The successful candidate will work closely with the Senior Underwriters in the team and will perform tasks to directly support the underwriting process including pre-quote, pre-bind, bind and post bind transactions. The Underwriter will also perform additional underwriting support activities associated with information gathering and rating for new business, renewals and midterm changes. Extensive ‘in-place’ training will be given by the Senior Underwriters, which will provide the candidate with strong knowledge of the London Marine and Cargo insurance market, enabling them to grow and develop in this exciting line of business. For the reliable, motivated and enthusiastic candidate, there would be a clear path of career progression available.
Duties & Responsibilities:
- Triage and review broker submissions
- Prepare underwriting narratives, pricing tools and policy documentation
- Draft new business and renewal quotations and review with the Senior Underwriters
- Attend broker and customer meetings as required
- Correspond with brokers, join account negotiations, and follow up on outstanding information
- Support the Senior Underwriters with all activities related to account development and underwriting
- Assist with team project work including rater development, new system integration, broker engagement, customer pipelining
- Maintain electronic files and ensure file integrity
Qualifications, Skills and Experience:
- At least 2 to 5 years of insurance market experience within either a broker or insurer (experience in the Marine / Cargo line of business preferred but not essential)
- Self-motivated, proactive and uses own initiative
- Ability to work as a part of a team in a highly collaborative environment
- Excellent written and verbal communication skills
- Proven competency in MS Office applications
- Strong electronic data and electronic file management skills
- Exceptional organizational skills and attention to detail
- Strong willingness to learn
- Customer focused. Able to build and maintain relationships with our customers and business partners, and with internal colleagues
- Minimum of A level or equivalent educated with strong grades
- Progress with CII exams and/or willingness to obtain qualification
- A demonstrated interest in a career in insurance would be highly regarded
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates and our other stakeholders
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework
To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to hr.europe@bhspecialty.com.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
Marine Underwriter in City of London employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer, offering a vibrant work culture in London that prioritises respect, integrity, and collaboration. With extensive training provided by experienced Senior Underwriters, employees have ample opportunities for professional growth and career progression within the dynamic Marine insurance sector. BHSI's commitment to diversity and inclusion ensures that every team member can thrive and contribute meaningfully to our mission of delivering outstanding insurance solutions.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team