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 environment with opportunities for career advancement.
- Why this job: Join a team committed to excellence and growth 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.
