At a Glance
- Tasks: Underwrite global marine cargo risks and build strong broker relationships.
- Company: Established global specialty (re)insurance business based in London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth and mentoring junior team members.
- Why this job: Join a leading team and make an impact in the marine insurance sector.
- Qualifications: Experience in marine cargo underwriting and strong market knowledge.
The predicted salary is between 63000 - 77000 £ per year.
An established global specialty (re)insurance business is looking to appoint an experienced Marine Cargo Underwriter to join its London-based Marine team.
This is an excellent opportunity for an underwriter with a strong London Market background to take responsibility for a high-quality international cargo portfolio, working across both primary and excess business.
The role will involve underwriting worldwide general cargo risks covering transit and storage, with exposure to physical damage and, where appropriate, financial consequence covers.
You will play an important role in delivering the Marine team's underwriting strategy, identifying profitable opportunities and developing long-term broker and client relationships.
The successful candidate will have the technical capability and market credibility to take ownership of risks, contribute to portfolio development and operate with a meaningful level of underwriting authority.
Key Responsibilities Underwrite new business and renewals across a worldwide Marine Cargo portfolio.
Assess risk quality, exposure and pricing to ensure disciplined and profitable underwriting.
Take a lead role on appropriate risks, including negotiating terms, coverage and policy wordings.
Contribute to the development and execution of the Marine Cargo business plan and underwriting strategy.
Identify opportunities for profitable portfolio growth while maintaining appropriate risk selection.
Build and maintain strong relationships with Lloyd's and London Market brokers and key clients.
Provide technical guidance on coverage, policy construction and complex risk exposures.
Monitor portfolio performance, market conditions and emerging risks to support informed underwriting decisions.
Work collaboratively with Claims, Actuarial, Exposure Management, Reinsurance and other internal teams.
Maintain a strong understanding of market developments, competitor activity and relevant legal or regulatory changes.
Ensure all underwriting activity is conducted within agreed authorities, governance frameworks and regulatory requirements.
Represent the business at broker meetings, client meetings and relevant industry events.
Support the development of junior members of the team through knowledge sharing and mentoring.
Contribute ideas and improvements to underwriting processes, systems and portfolio management Skills
Underwriter - Marine Cargo employer: Rotate
Rotate is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in fire safety consultancy. With a strong emphasis on employee development and growth opportunities, you will be supported in advancing your career while working on impactful projects that shape the future of fire safety. Located in the UK, our team enjoys a dynamic environment where quality assurance and operational excellence are at the forefront of our mission.
