At a Glance
- Tasks: Underwrite high-value yachts and collaborate with a remote team of professionals.
- Company: Join a leading marine insurance company with a focus on pleasure crafts.
- Benefits: Flexible remote work, competitive salary, and opportunities for professional growth.
- Other info: Dynamic role with opportunities to expand into commercial marine risks.
- Why this job: Make an impact in the marine insurance industry while working from anywhere.
- Qualifications: 5+ years of marine underwriting experience and strong communication skills.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking an experienced Marine Underwriter to join our growing underwriting team. The ideal candidate will bring experience in wet marine underwriting, specializing in high-value private pleasure yachts. This is a remote position, offering flexibility while requiring strong collaboration with a distributed team of underwriting professionals.
Key Responsibilities
- Underwrite a diverse portfolio of wet marine risks, including private pleasure yachts with hull values up to $50,000,000 and policy limits up to $15,000,000.
- Proportional Protection & Indemnity (P&I) sublimits.
- Ability to expand responsibilities into commercial marine.
- Exercise full carrier underwriting authority with independent decision-making.
- Interpret and draft manuscript endorsements reflecting insured special needs.
- Prioritize recommendations presented in out-of-water marine surveys.
- Ensure compliance with U.S. and international insurance regulations and market practices.
- Collaborate remotely with other underwriters and support staff.
- Identify and broker risks that fall outside of carrier guidelines to appropriate market partners.
- Occasionally broker non-wet marine risks to other relevant markets.
- Maintain and leverage strong market relationships and distribution networks.
Qualifications
- Minimum of 5 years of direct marine underwriting experience with carrier authority.
- In-depth knowledge of marine insurance wordings, particularly for high-value pleasure crafts, with willingness to expand responsibilities to commercial risks.
- Familiarity with U.S. and international insurance standards.
- Proven ability to evaluate marine survey reports and assess risk condition/urgency.
- Experience working independently in a remote, collaborative environment.
- Strong brokering capabilities and market navigation skills.
- Professional credentials (e.g., AMIM, CPCU, etc.) are a positive attribute.
Ideal Candidate Will Have
- A deep understanding of both domestic markets and some knowledge of international marine markets.
- A proactive, solution-oriented mindset.
- Strong written and verbal communication skills.
- An ability to work autonomously and manage multiple complex risks efficiently.
Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Ashton-under-Lyne employer: Northernlight Reinsurance Group Inc
Join a dynamic and innovative team as a Marine Underwriter, where you will enjoy the flexibility of remote work while collaborating with a talented group of underwriting professionals. Our company fosters a supportive work culture that prioritises employee growth and development, offering opportunities to expand your expertise in both high-value private pleasure yachts and commercial marine risks. With a commitment to excellence and a focus on building strong market relationships, we provide a rewarding environment for those seeking meaningful and impactful careers in marine insurance.
Contact Details:
Northernlight Reinsurance Group Inc Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Ashton-under-Lyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the marine insurance industry and let them know you're on the lookout for opportunities. You never know who might have a lead or can put in a good word for you.
✨Tip Number 2
Get your online presence sorted! Make sure your LinkedIn profile is up-to-date and showcases your marine underwriting experience. Join relevant groups and engage with posts to get noticed by potential employers.
✨Tip Number 3
Prepare for virtual interviews! Since this role is remote, practice your video interview skills. Ensure you have a quiet space, dress professionally, and have your key achievements ready to discuss.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. It shows initiative and enthusiasm!
We think you need these skills to ace Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Ashton-under-Lyne
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your marine underwriting experience, especially with high-value pleasure yachts. We want to see how your skills match the role, so don’t be shy about showcasing your relevant achievements!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Share specific examples of your underwriting experience and how you’ve tackled challenges in the past. We love a good story!
Showcase Your Collaboration Skills:Since this is a remote position, it’s important to demonstrate your ability to work well with others from a distance. Highlight any previous remote work experiences and how you’ve successfully collaborated with teams in the past.
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 don’t miss out on any important updates. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at Northernlight Reinsurance Group Inc
✨Know Your Marine Stuff
Make sure you brush up on your marine underwriting knowledge, especially around high-value pleasure yachts. Be ready to discuss specific examples from your past experience that showcase your expertise in wet marine risks and how you've navigated complex underwriting scenarios.
✨Show Off Your Collaboration Skills
Since this role is remote, it's crucial to demonstrate your ability to work well with a distributed team. Prepare examples of how you've successfully collaborated with colleagues in the past, even when working from different locations. Highlight any tools or strategies you use to stay connected and productive.
✨Be Ready for Technical Questions
Expect some technical questions about marine insurance wordings and compliance with U.S. and international regulations. Brush up on these topics and be prepared to explain how you would handle specific underwriting situations, including interpreting marine survey reports and making independent decisions.
✨Market Relationships Matter
The company values strong market relationships, so come prepared to discuss your network and how you've leveraged it in previous roles. Share any success stories where your connections helped broker risks or navigate challenging underwriting situations.
