At a Glance
- Tasks: Underwrite and develop a portfolio of international ports and maritime business.
- Company: Leading organisation in insurance and risk management with a collaborative culture.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Flexible hybrid working and opportunities for career growth.
- Why this job: Join a team making an impact in the international insurance sector.
- Qualifications: 3+ years in Ports and Terminals underwriting and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Our client is a leading organisation within the insurance and risk management industry, known for fostering a collaborative and professional culture. This role offers an excellent opportunity for experienced underwriters to contribute to developing a profitable book of business while maintaining strong relationships with brokers and clients. The position involves technical underwriting, market research, and ensuring compliance with regulatory standards, all crucial for supporting the organisation’s growth and reputation.
Role Overview
The Senior Ports & Terminal Underwriter is responsible for underwriting and developing a portfolio of international ports and maritime business. Reporting directly to the Portfolio Manager, the role plays a vital part in enhancing profitability, supporting claims management, and contributing to strategic reporting and system development within the wider team.
Key Skills & Experience
- Reasonable standard of education
- Ability to develop and sustain relationships with internal and external customers
- Ability to prioritise and organise workload effectively
- Attention to detail
- Team player with the ability to work independently
- Flexible and adaptable to changing priorities
- Good communication skills
- Experience of identifying and implementing process improvements
Key Responsibilities
- Execute business plans using delegated authority in underwriting decisions
- Provide technical underwriting support to the team
- Research and develop business opportunities through brokers and international offices
- Use technical expertise to improve profitability of renewals and attract profitable new business
- Monitor claims and liaise with claims teams to ensure appropriate settlements
- Ensure compliance with policies, procedures, Lloyd’s regulations, and regulatory standards (PRA/FCA)
- Assist in developing tools for monitoring and reporting exposure and technical pricing models
- Report on market developments, underwriting results, and contribute to quarterly and annual reports
- Participate in relevant committees and support the wider operational and risk management functions
Requirements
- Relevant experience in Ports and Terminals underwriting
- Current or recent role in the London Market
- At least 3+ years of relevant experience
- Ability to work on-site in a hybrid environment
- Right to work in the UK
- Knowledge of Lloyd’s regulations and PRA/FCA standards
- Strong analytical, organisational, and communication skills
Nice to Have
- Experience with GIB International Business, GIB UK Business, GIUW COB Marine, GIUW COB Energy, or KRQA
Candidates interested in this position are encouraged to apply to join a dynamic team committed to excellence and growth within the international insurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Ports & Terminal Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Gravitas Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Gravitas Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Ports & Terminal Underwriter in London
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 Gravitas Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Gravitas Group. 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 Gravitas Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Gravitas Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Gravitas Group, 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.
✨Know the Company Culture Inside Out
Understanding Gravitas Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
