At a Glance
- Tasks: Evaluate marine insurance applications and develop tailored coverage solutions.
- Company: Mission Underwriters, a leader in innovative marine insurance solutions.
- Benefits: 401K, paid holidays, employee discounts, and educational assistance.
- Other info: Remote work with occasional in-office activities; must be US-based.
- Why this job: Join a purpose-driven team and make an impact in the marine insurance industry.
- Qualifications: Bachelor’s degree and experience in commercial marine insurance required.
The predicted salary is between 60000 - 80000 £ per year.
At Mission Underwriters, we provide the capital, issuing paper, and reinsurance access you need to launch your own Program Administrator (PA) business quickly and efficiently. We offer non-recourse capital for qualified underwriters, giving you a manageable risk profile with potential equity upside. By taking care of administrative complexities like compliance, risk management, accounting, and HR, we free you to focus on what you do best: underwriting and distribution. Our turnkey platform gets you into the market in just a few months, minimizing disruption to your key relationships. With access to our network of highly rated issuing carriers and reinsurance partners, you can secure coverage with less stress and uncertainty. Built from the ground up, our purpose-driven technology simplifies workflows, enhances responsiveness, and eliminates the burden of outdated legacy systems.
What We Offer:
- 401K, 401K Match
- Life and Disability Benefits
- 11 Paid Holidays
- Employee Discounts
- Employee Assistance Program
- Educational Assistance Program
- Employee Referral Program
About the role:
The Commercial Marine Underwriter is responsible for evaluating applications for marine insurance, analyzing risks, and determining appropriate coverage and premiums. The role involves collaborating with brokers, clients, and various internal departments to provide tailored insurance solutions for maritime operations.
What you’ll do:
- Assess marine related risk including property and liability as it relates to marinas, yacht clubs, and boat dealers.
- Analyze submitted applications, claim history and market conditions to determine insurability.
- Develop risk management strategies and recommend appropriate insurance solutions.
- Collaborate with brokers to understand their needs and provide guidance on coverage options.
- Monitor industry trends, regulatory changes, and advancement in marine technologies.
- Manage and maintain broker relationships to enhance retention and satisfaction.
Qualifications:
- Bachelor’s degree in finance, business, marine studies, or related field.
- Previous experience in commercial marine insurance.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
Knowledge, Skills & Abilities:
- Proficient in underwriting software.
- Ability to work independently and as part of a team.
- Strong problem-solving skills and the ability to think critically.
- Strong knowledge of commercial marine insurance, specifically marinas, yacht clubs and boat dealers.
Working Conditions:
Requires a quiet work environment with regular sitting at a computer for extended periods of time. Regular use of hands and fingers. Frequent talking or hearing. Vision requirements: Close, distance, colour, peripheral, focus and depth perception.
Additional Information:
This is a remote position. Planned, in-office activities may be required on occasion (typically 2-4x per year). You must live in the United States and be authorized to work in the United States without requirement of employment sponsorship/visa.
Senior Underwriter (Commercial Marine) employer: Mission Underwriting Managers
At Mission Underwriters, we pride ourselves on being an exceptional employer that empowers our team members to thrive in a supportive and innovative environment. With a strong focus on employee growth, we offer comprehensive benefits including 401K matching, educational assistance, and a robust employee assistance programme, all while fostering a collaborative culture that values your expertise in commercial marine underwriting. Our remote work flexibility, combined with occasional in-office activities, ensures a balanced work-life dynamic, making us an attractive choice for professionals seeking meaningful and rewarding careers.
Contact Details:
Mission Underwriting Managers Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter (Commercial Marine)
✨Network Like a Pro
Get out there and connect with people in the marine insurance industry! Attend events, join online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Skills
When you get the chance to chat with hiring managers or recruiters, make sure to highlight your analytical skills and experience in commercial marine insurance. We want to see how you can bring value to the team, so share specific examples of how you've tackled challenges in the past.
✨Tailor Your Approach
Every company is different, so do your homework on Mission Underwriters before any interviews. Understand their values and how they operate, and be ready to discuss how your background aligns with their mission. We love seeing candidates who are genuinely interested in what we do!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining our team and ready to dive into the world of marine underwriting.
We think you need these skills to ace Senior Underwriter (Commercial Marine)
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Underwriter role. Highlight your experience in commercial marine insurance and any relevant skills that match what we’re looking for. This shows us you’re genuinely interested and have done your homework!
Show Off Your Analytical Skills:Since this role requires strong analytical skills, don’t shy away from showcasing specific examples where you’ve successfully assessed risks or developed insurance solutions. We love seeing how you think critically and solve problems!
Keep It Professional Yet Personal:While we want to see your professional side, don’t forget to let your personality shine through! A friendly tone in your cover letter can help us get a sense of who you are beyond your qualifications.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Mission Underwriting Managers
✨Know Your Marine Insurance Inside Out
Make sure you brush up on your knowledge of commercial marine insurance, especially regarding marinas, yacht clubs, and boat dealers. Be prepared to discuss specific risks and coverage options during the interview, as this will show your expertise and confidence in the field.
✨Showcase Your Analytical Skills
Since the role requires strong analytical skills, come ready with examples of how you've assessed risks and developed insurance solutions in the past. Use the STAR method (Situation, Task, Action, Result) to structure your responses and highlight your problem-solving abilities.
✨Build Rapport with Brokers
Demonstrate your interpersonal skills by discussing how you've successfully collaborated with brokers in previous roles. Share specific instances where you understood their needs and provided tailored guidance, as this will illustrate your ability to maintain strong broker relationships.
✨Stay Updated on Industry Trends
Research current trends and regulatory changes in the marine insurance sector before your interview. Being able to discuss these topics will not only show your passion for the industry but also your commitment to staying informed, which is crucial for a Senior Underwriter.
