At a Glance
- Tasks: Lead Marine & Energy underwriting policy and ensure sustainable profitability.
- Company: Lloyd's is the world's leading insurance marketplace, inspiring courage for a braver future.
- Benefits: Enjoy flexible working, generous pension, healthcare, and professional development support.
- Why this job: Join a diverse team to drive innovative solutions in a dynamic industry.
- Qualifications: Specialist Marine & Energy expertise with strong leadership and creative problem-solving skills.
- Other info: Diversity and inclusion are key; we support workplace adjustments and employee wellbeing.
The predicted salary is between 43200 - 72000 £ per year.
Head of Marine & Energy Underwriting
Apply locations Lloyd’s UK: London time type Full time posted on Posted 2 Days Ago time left to apply End Date: January 4, 2025 (20 days left to apply) job requisition id R4051
Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
New high profile opportunity to lead the delivery of sustainable profitability and develop the underwriting policy for Marine & Energy classes across the Lloyds market.
Working collaboratively with the market, other external stakeholders, colleagues in Performance Management and more widely across the Lloyd’s Corporation to understand all underwriting opportunities and risks to the Marine & Energy classes (prudential, performance and reputational).
In this leadership role, you will:
- Act as the leader of underwriting policy for Marine & Energy.
- Address performance issues using a risk-based approach to ensure that actions are proportionate to the risks and issues presented.
- Work with the Market Development and Underwriting Solutions teams to support the identification of opportunity and mitigation of risks associated with new syndicates or growth strategies from existing syndicates.
- Support the long-term sustainable performance of Marine & Energy, providing clear and consistent insight and information by identifying market dynamics in a concise and compelling way in order to make clear recommendations for ongoing performance oversight.
- Actively seek to share knowledge and raise underwriting standards for Marine & Energy by ensuring that adequate and appropriate market insight is sought from, and provided to, internal and external stakeholders.
- Ensure that the agreed control processes and tools are effectively used for the oversight of underwriting risks and product line performance, including escalating issues appropriately.
This role requires specialist Marine & Energy expertise in order to present technical information both internally and externally. With the ability to think creatively, influence and drive solutions with senior market leaders to drive performance and deliver a profitable strategy.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd’s, you’ll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
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Head of Marine & Energy Underwriting employer: Lloyd’s Brussels
Contact Detail:
Lloyd’s Brussels Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Marine & Energy Underwriting
✨Tip Number 1
Familiarize yourself with the latest trends and challenges in the Marine & Energy sectors. This knowledge will not only help you understand the market dynamics but also enable you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the insurance and reinsurance industry, especially those focused on Marine & Energy. Attend relevant conferences or webinars to build connections and gain insights that could set you apart from other candidates.
✨Tip Number 3
Demonstrate your leadership skills by sharing examples of how you've successfully managed teams or projects in the past. Highlight your ability to influence and drive solutions, as this is crucial for the Head of Marine & Energy Underwriting role.
✨Tip Number 4
Prepare to discuss your approach to risk management and performance oversight. Be ready to provide specific examples of how you've addressed performance issues in previous roles, showcasing your strategic thinking and problem-solving abilities.
We think you need these skills to ace Head of Marine & Energy Underwriting
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and expectations of the Head of Marine & Energy Underwriting position. Familiarize yourself with Lloyd's values and how they align with your own experience and career goals.
Tailor Your CV: Customize your CV to highlight relevant experience in marine and energy underwriting. Emphasize your leadership skills, risk management expertise, and any previous roles that demonstrate your ability to drive performance and profitability.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also reflects your understanding of Lloyd's mission and values. Discuss how your background can contribute to building a sustainable and inclusive future in the marine and energy sectors.
Highlight Relevant Achievements: In both your CV and cover letter, include specific examples of past achievements that showcase your ability to lead underwriting policy, address performance issues, and collaborate with stakeholders. Use metrics where possible to quantify your impact.
How to prepare for a job interview at Lloyd’s Brussels
✨Understand the Marine & Energy Landscape
Make sure you have a solid grasp of the current trends and challenges in the Marine & Energy sectors. Be prepared to discuss how these factors influence underwriting policies and profitability.
✨Showcase Your Leadership Skills
As this role is a leadership position, be ready to share examples of how you've successfully led teams or projects in the past. Highlight your ability to influence and drive solutions with senior stakeholders.
✨Demonstrate Risk Management Expertise
Prepare to discuss your approach to risk management, particularly in relation to underwriting. Provide specific examples of how you've addressed performance issues using a risk-based approach.
✨Emphasize Collaboration and Communication
This role requires working closely with various teams and stakeholders. Be ready to talk about your experience in fostering collaboration and sharing knowledge to raise underwriting standards.