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 transfer solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Collaborative environment with over 200 underwriters across 10+ offices.
- Why this job: Make an impact in a dynamic team while developing your underwriting expertise.
- 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 employer: NACBA
Swiss Re is an exceptional employer, offering a dynamic work culture in the heart of London that fosters innovation and collaboration among its diverse team of over 15,000 employees. With a strong commitment to professional development, employees benefit from extensive training opportunities and the chance to engage with cutting-edge expertise in the marine and energy sectors. The inclusive environment encourages fresh perspectives, ensuring that every team member can thrive while contributing to meaningful solutions in risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Marine Underwriter
✨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. We all know that sometimes it’s not just what you know, but who you know!
✨Show Off Your Expertise
When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience and knowledge in underwriting. Share specific examples of how you've tackled challenges in the past. We want to see your passion for the field shine through!
✨Prepare for the Interview
Do your homework before any interview! Research Swiss Re, understand their values, and be ready to discuss how your skills align with their needs. We love candidates who come prepared and can articulate how they can contribute to our team.
✨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 genuinely interested in joining our team at Swiss Re. Let’s make it happen!
We think you need these skills to ace Senior Marine Underwriter
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Senior Marine Underwriter role. Highlight your underwriting expertise and any relevant market knowledge to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share your passion for underwriting and how your background aligns with our team’s goals. Don’t forget to mention why you’re excited about joining Swiss Re!
Showcase Your Achievements:When detailing your experience, focus on your achievements in previous roles. Use numbers and examples to illustrate how you've successfully managed reinsurance programmes or built strong broker relationships.
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!
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 handled and how you assessed risks and exposures. This will show your expertise and confidence in the field.
✨Build Rapport with Interviewers
Since strong relationships are key in this role, practice building rapport during your interview. Use active listening and engage with your interviewers by asking insightful questions about their experiences and the team dynamics. This will demonstrate your interpersonal skills and genuine interest.
✨Showcase Your Negotiation Skills
Prepare examples of successful negotiations you've led or been a part of. Highlight how you identified the best positions for your clients and what strategies you used to achieve favourable outcomes. This will illustrate your commercial mindset and ability to influence.
✨Demonstrate Your Proactive Approach
Be ready to discuss how you've taken initiative in previous roles, whether it’s developing new strategies or training others. Share specific instances where your proactive behaviour led to positive results, as this aligns perfectly with the energy and drive they’re looking for.
