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: Clear career progression path in a values-driven, inclusive culture.
- Why this job: Gain extensive training and make an impact in the Marine insurance market.
- Qualifications: 2-5 years of insurance experience preferred; strong communication and teamwork skills.
The predicted salary is between 45000 - 55000 £ per year.
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.
Job Opportunity: 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. 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 Slough employer: Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance (BHSI) is an exceptional employer that prioritises a values-based culture of respect, integrity, and collaboration. Located in London, our Marine Underwriter role offers extensive training and clear career progression opportunities within a dynamic and inclusive environment, where every team member is encouraged to contribute and excel. Join us to be part of a leading insurance company that values diversity and fosters professional growth.
Contact Details:
Berkshire Hathaway Specialty Insurance Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Marine Underwriter in Slough
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We think you need these skills to ace Marine Underwriter in Slough
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Berkshire Hathaway Specialty Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Berkshire Hathaway Specialty Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Berkshire Hathaway Specialty Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Berkshire Hathaway Specialty Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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As a full-timer at Berkshire Hathaway Specialty Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
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