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 Bury employer: Northernlight Reinsurance Group Inc
Join our dynamic team as a Marine Underwriter, where you will enjoy the flexibility of remote work while collaborating with a talented group of underwriting professionals. We pride ourselves on fostering a supportive work culture that encourages professional 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 innovation, we provide a unique environment that values your contributions and empowers you to make independent decisions.
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 Bury
✨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
Apply through our website! We love seeing applications directly from candidates who are genuinely interested in joining our team. It shows initiative and helps us get to know you better right from the start.
We think you need these skills to ace Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Bury
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 Remote Work Skills:Since this is a remote position, it’s important to demonstrate your ability to work independently and collaborate effectively with a distributed team. Highlight any previous remote work experiences and how you managed communication and tasks.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!
How to prepare for a job interview at Northernlight Reinsurance Group Inc
✨Know Your Marine Insurance Inside Out
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 demonstrate your understanding of underwriting principles and compliance with U.S. and international regulations.
✨Showcase Your Decision-Making Skills
Since the role requires independent decision-making, prepare to share instances where you've exercised your underwriting authority. Highlight how you assessed risks and made recommendations based on marine survey reports, showcasing your ability to prioritise effectively.
✨Demonstrate Remote Collaboration Experience
As this is a remote position, it's crucial to illustrate your experience working in distributed teams. Share examples of how you've successfully collaborated with colleagues and managed relationships with market partners, even when working from different locations.
✨Prepare for Brokering Discussions
Given the need for strong brokering capabilities, be ready to discuss your approach to identifying and brokering risks that fall outside carrier guidelines. Bring examples of how you've navigated market relationships and distribution networks to secure the best outcomes for your clients.
