At a Glance
- Tasks: Analyse submissions and negotiate the best underwriting positions in Marine and Energy.
- Company: Join Swiss Re, a leading global provider of reinsurance and risk management.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Be part of a fun, passionate team dedicated to innovative solutions.
- Why this job: Make a real impact in a dynamic team while expanding your expertise in underwriting.
- Qualifications: 7-10 years of underwriting experience with strong relationship-building skills.
The predicted salary is between 144000 - 216000 £ per year.
Location: London, GB
Are you a highly motivated individual looking for an exciting opportunity to join our Marine and Energy team in London? Do you have a passion for underwriting and are looking for a prominent role where you can demonstrate your expertise and market knowledge? If so, we want you to join our team.
About the Role
- Analysing and assessing submissions in respect of exposures and coverages and identifying and negotiating the best position for Swiss Re.
- Underwriting treaty reinsurance business for the various Marine classes including Cargo, Hull, Liability, Energy and PVT, including preparing quotations, offering proposals, wordings and clauses.
- Developing strategies to expand our position on current accounts and to cross‐sell other lines of business.
- Supporting LoB Head with portfolio strategy and initiatives.
- Sharing technical subject matter underwriting expertise with underwriters and providing regular trainings on overarching topics and LoB governance specific topics.
About You
- Minimum 7–10 years relevant experience in underwriting including a lead capacity and servicing reinsurance programmes.
- Strong background in building broker and client relationships.
- Proficiency in the use of underwriting tools and ability to interpret and judge the results.
- Ability to handle multiple deals in parallel without losing oversight.
- Strong commercial mindset combined with technical expertise.
- Excellent communication, negotiation and influencing skills.
- Good level of energy and proactive behaviour.
About the Team
Our Global Specialty team consists of problem solvers driven by passion, powered by knowledge – and all of this with a good pinch of fun. With over 200 underwriters across 10+ offices, the team combines SR's dedicated Specialty lines of business in Reinsurance: Agriculture, Aviation, Credit & Surety, Cyber, Engineering and Marine & Energy.
The base salary range for this position is between £144,000 and £216,000 for a full‐time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role and the applicant's own profile including education, qualifications, expertise, specialisation, skills and experience.
About Swiss Re
Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance‐based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting‐edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 15,000 employees across the world.
Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.
If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.
Senior Marine Underwriter in London employer: NACBA
Swiss Re is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. With a strong commitment to employee growth, we provide extensive training opportunities and encourage diverse perspectives, ensuring that every team member can contribute meaningfully while enjoying a supportive and inclusive culture. Join us to be part of a leading global reinsurance provider that values your expertise and fosters professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Marine Underwriter in London
✨Network Like a Pro
Get out there and connect with people in the marine underwriting space! Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Expertise
When you get the chance to chat with hiring managers or during interviews, make sure to highlight your unique skills and experiences. Share specific examples of how you've tackled challenges in underwriting and how your market knowledge can benefit their team.
✨Prepare for the Interview
Do your homework before any interview! Research Swiss Re’s recent projects and initiatives in the marine sector. This will not only impress them but also help you tailor your answers to show how you can contribute to their goals.
✨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 you’re genuinely interested in joining our team at Swiss Re.
We think you need these skills to ace Senior Marine Underwriter in London
Some tips for your application 🫡
Show Your Passion for Underwriting:When writing your application, let your enthusiasm for underwriting shine through. We want to see that you’re not just qualified, but genuinely excited about the role and the impact you can make in our Marine and Energy team.
Highlight Relevant Experience:Make sure to detail your 7-10 years of relevant experience in underwriting. We’re looking for someone with a strong background in building relationships and handling multiple deals, so don’t hold back on showcasing your achievements!
Tailor Your Application:Take the time to customise your application for this specific role. Mention how your skills align with our needs, especially in areas like negotiating and developing strategies. This shows us you’ve done your homework and are serious about joining our team.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it gives you a chance to explore more about us and what we stand for!
How to prepare for a job interview at NACBA
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially in the Marine and Energy sectors. Be prepared to discuss specific cases you've worked on and how you've assessed risks and exposures. This will show your expertise and passion for the role.
✨Build Rapport with Interviewers
Since strong relationships are key in this industry, practice building rapport during your interview. Use your communication skills to connect with the interviewers, and don’t hesitate to share anecdotes that highlight your relationship-building abilities with brokers and clients.
✨Demonstrate Your Strategic Thinking
Be ready to discuss how you've developed strategies in previous roles to expand accounts or cross-sell products. Think of specific examples where your strategic mindset made a difference, as this aligns perfectly with what they’re looking for.
✨Show Your Proactive Energy
Swiss Re values proactive behaviour, so come prepared to discuss instances where you took the initiative in your previous roles. Whether it was leading a training session or identifying new opportunities, showcasing your energy and drive will set you apart.
