At a Glance
- Tasks: Underwrite marine risks and manage a profitable global portfolio.
- Company: Join a growing, agile business with a collaborative team culture.
- Benefits: Enjoy remote work options and flexibility in your role.
- Why this job: Contribute to an international portfolio while developing your career in a dynamic environment.
- Qualifications: 5-10 years of insurance experience, ideally in marine underwriting.
- Other info: Opportunity for international travel and client engagement.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Marine Underwriter – Remote/Hybrid (Occasional London Office Attendance)
Job Purpose
My client is seeking an experienced and driven Marine Underwriter to join their underwriting team. The successful candidate will be responsible for developing and maintaining a profitable global marine portfolio. This is a fantastic opportunity to contribute to a growing, agile business, working alongside a knowledgeable and collaborative team.
Responsibilities
- Underwrite marine risks in line with company underwriting guidelines and delegated authority.
- Manage and grow a profitable and sustainable book of marine business.
- Build and maintain strong broker and client relationships across the UK and internationally.
- Assess risk submissions, conduct pricing analysis, and make sound underwriting decisions.
- Ensure compliance with internal procedures, regulatory standards, and reporting requirements.
- Collaborate effectively with internal teams including claims, compliance, and operations.
- Monitor market trends and competitor activity to identify opportunities and risks.
- Represent the company at market meetings and client visits, including international travel as required.
Skills & Experience Required
- 5–10 years’ proven insurance industry experience, ideally with a focus on marine underwriting.
- Strong understanding of marine risks and the global marine insurance market.
- Demonstrated ability to manage a profitable underwriting portfolio.
- Excellent communication and negotiation skills.
- Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).
- Strong attention to detail and ability to work independently.
- Willingness to travel internationally for broker and client engagement.
- Familiarity with Lloyd’s and the London Market (preferred but not essential).
Preferred Qualifications
- ACII qualification or working towards professional certification (advantageous but not essential).
- Experience working within an MGA or delegated authority framework.
Why Apply?
This is an excellent opportunity to develop your career with a well-established company, offering flexibility, autonomy, and the chance to work on a truly international portfolio.
If you have the skills and experience outlined above, please send in your CV to apply.
Marine Underwritter employer: Latcom plc
Contact Detail:
Latcom plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Marine Underwritter
✨Tip Number 1
Network with professionals in the marine insurance sector. Attend industry events or webinars to connect with potential colleagues and brokers, as building relationships is key in this role.
✨Tip Number 2
Stay updated on current trends in the marine insurance market. Understanding the latest developments will help you engage in informed discussions during interviews and demonstrate your expertise.
✨Tip Number 3
Prepare to discuss specific marine risks you've underwritten in the past. Highlighting your experience with various marine portfolios can set you apart from other candidates.
✨Tip Number 4
Familiarise yourself with Lloyd’s and the London Market, even if it's not essential. Showing initiative in understanding these frameworks can impress interviewers and demonstrate your commitment to the role.
We think you need these skills to ace Marine Underwritter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in marine underwriting. Focus on your achievements, such as managing profitable portfolios and building strong client relationships, to demonstrate your suitability for the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of marine risks and the global marine insurance market. Mention specific examples from your past experience that align with the responsibilities outlined in the job description.
Highlight Relevant Skills: Emphasise your communication and negotiation skills, as well as your proficiency in Microsoft Office. If you have experience with Lloyd’s and the London Market, be sure to include that too, as it could set you apart from other candidates.
Proofread Your Application: Before submitting your application, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in underwriting.
How to prepare for a job interview at Latcom plc
✨Know Your Marine Risks
Make sure you have a solid understanding of marine risks and the global marine insurance market. Brush up on recent trends and case studies to demonstrate your expertise during the interview.
✨Showcase Your Portfolio Management Skills
Be prepared to discuss your experience managing a profitable underwriting portfolio. Highlight specific examples where you've successfully assessed risks and made sound underwriting decisions.
✨Build Rapport with Interviewers
Since strong communication and relationship-building skills are crucial for this role, practice how you can establish rapport with your interviewers. Be friendly, engaging, and ready to discuss how you would maintain relationships with brokers and clients.
✨Prepare for Market Insights
Stay updated on current market trends and competitor activities in the marine insurance sector. Being able to discuss these insights will show your proactive approach and understanding of the industry landscape.