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 Manchester 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 Manchester
✨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! When you get the chance to chat with potential employers, be ready to discuss your experience with high-value pleasure yachts and how you've tackled complex underwriting challenges. This will set you apart from the crowd.
✨Tip Number 3
Don’t forget to follow up! After interviews or networking events, drop a quick thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.
✨Tip Number 4
Apply through our website! We’ve got a range of exciting roles waiting for you, and applying directly helps us see your application faster. Plus, it’s a great way to show you’re genuinely interested in joining our team.
We think you need these skills to ace Marine Underwriter – Yacht / Private Pleasure Craft (Remote) in Manchester
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 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 how you've applied them in real scenarios.
✨Showcase Your Remote Collaboration Skills
Since this is a remote position, highlight your experience working in distributed teams. Share examples of how you've successfully collaborated with colleagues from different locations, and emphasise your communication skills, as they are crucial for effective teamwork in a virtual environment.
✨Prepare for Risk Assessment Questions
Expect questions about evaluating marine survey reports and assessing risk conditions. Prepare to discuss your approach to these tasks, including any tools or methodologies you use. This will show your analytical skills and your ability to make independent decisions.
✨Demonstrate Your Market Knowledge
Familiarise yourself with both domestic and international marine markets. Be prepared to discuss current trends, challenges, and opportunities in the industry. This will not only showcase your expertise but also your proactive, solution-oriented mindset that the company values.
