At a Glance
- Tasks: Underwrite high-value private pleasure yachts and collaborate with a remote team of professionals.
- Company: Join a leading marine insurance company with a focus on innovation and flexibility.
- Benefits: Enjoy 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 Bolton 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 crafts 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 Bolton
✨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
Show off your expertise! Prepare a portfolio showcasing your past underwriting successes, especially with high-value pleasure yachts. This will help you stand out during interviews and demonstrate your capability to handle complex risks.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses, especially around your experience with marine survey reports and compliance with regulations. Confidence is key!
✨Tip Number 4
Don't forget to apply through our website! We love seeing candidates who are proactive about their job search. Plus, it gives us a chance to see your application in the best light possible.
We think you need these skills to ace Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Bolton
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 past experiences in wet marine underwriting and how they relate to the responsibilities outlined in the job description.
Showcase Your Communication Skills:Since this is a remote position, strong written communication is key. Make sure your application is clear, concise, and free of errors. We want to see that you can communicate effectively, even from a distance!
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 shows us you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Northernlight Reinsurance Group Inc
✨Know Your Marine Underwriting Stuff
Make sure you brush up on your knowledge of marine insurance wordings, especially for high-value pleasure crafts. Be ready to discuss specific examples from your experience that showcase your understanding of wet marine underwriting and how you've handled complex risks in the past.
✨Show Off Your Remote Collaboration Skills
Since this is a remote position, it's crucial to demonstrate your ability to work effectively with a distributed team. Prepare examples of how you've successfully collaborated with colleagues in different locations, and highlight any tools or strategies you use to stay connected and productive.
✨Be Ready to Discuss Compliance and Regulations
Familiarise yourself with U.S. and international insurance regulations relevant to marine underwriting. During the interview, be prepared to discuss how you've ensured compliance in your previous roles and how you stay updated on changing market practices.
✨Highlight Your Brokering Experience
If you've brokered risks outside of carrier guidelines, make sure to share those experiences. Talk about how you identified opportunities and navigated the market to find suitable partners, as this will show your proactive approach and strong market relationships.
