Underwriter - Marine Liabilities

Underwriter - Marine Liabilities

Full-Time On-site
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At a Glance

  • Tasks: Join our Marine team to underwrite diverse marine liability risks and drive profitable growth.
  • Company: Canopius, a leading global specialty lines (re)insurer with a positive culture.
  • Benefits: Enjoy hybrid working, competitive salary, non-contributory pension, and comprehensive health insurances.
  • Other info: Collaborative culture with opportunities for mentorship and career growth.
  • Why this job: Make an impact in the marine insurance sector while developing your skills in a dynamic environment.
  • Qualifications: Experience in Marine Liability insurance and strong analytical skills are essential.

The Marine team is currently writing business across most Marine classes including Liabilities, Ports and Terminals, War, Hull and Cargo.

We are looking for an experienced Underwriter to join the Marine team in London, with a specific focus on Marine Liabilities. The portfolio will include a broad spectrum of liability exposures across marine and offshore sectors, written on both a primary and excess basis for a global client base including shipowners, operators, offshore contractors and associated marine industries.

The successful candidate will play a key role in the execution of the Marine underwriting strategy, contributing to profitable growth, portfolio optimisation, and strengthening Canopius' market position in marine liabilities.

You will operate with a level of underwriting authority, demonstrating disciplined risk selection, technical pricing expertise, and strong broker and client engagement, whilst contributing to the wider success of the Marine platform.

Key Responsibilities

  • Support the Head of Marine Underwriting in executing the Marine Liabilities underwriting strategy aligned to business plan, risk appetite, and return targets
  • Underwrite new and renewal marine liability risks within authority, ensuring disciplined risk selection and pricing adequacy
  • Drive profitable growth through portfolio management, cycle awareness, and proactive identification of high-quality opportunities
  • Assist with portfolioperformance monitoring, optimisation, and remediation where required
  • Build and maintain strong broker and client relationships to enhance Canopius' market profile and access to business
  • Demonstrate technical expertise across marine liability classes, including coverage structuring and wordings negotiation
  • Collaborate closely with actuarial, claims, exposure management and reinsurance teams to inform underwriting decisions and portfolio strategy
  • Ensure compliance with regulatory requirements, internal controls, and underwriting governance standards
  • Analyse portfolio performance, producing insight-led reporting to support decision-making
  • Contribute to innovation and continuous improvement, challenging existing approaches where appropriate
  • Support and mentor junior team members, contributing to capability development within the Marine team
  • Maintain strong internal relationships across underwriting platforms and international offices to ensure consistency and knowledge sharing
  • Represent Canopius in the market, including broker meetings, industry events, and client engagement
  • Maintain up-to-date market knowledge, including emerging risks, legal developments, and competitor activity

Skills and experience

  • Significant experience within Marine Liability insurance, ideally within the Lloyd's or London Market
  • Strong technical capability in risk assessment, pricing, and policy structuring
  • Established broker relationships and credible market presence
  • Strong analytical skills with the ability to interpret data and portfolio performance metrics
  • Excellent communication and negotiation skills (written and verbal)
  • Commercial mindset with a focus on delivering sustainable profitability
  • High attention to detail and strong organisational capability
  • Collaborative approach with the ability to influence stakeholders across functions
  • Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.
  • Collaboration and teamwork:
  • Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.
  • Adapting to change:
  • Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.
  • Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes. Guide and inspire others to achieve results to enhance efficiency, quality and consistency.
  • Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.
  • Resilience
  • The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.
  • Future Focused
  • Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.

About Us

Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing.

  • hybrid working
  • competitive base salary
  • non-contributory pension
  • discretionary bonus
  • insurances including health (family) and dental cover
  • many other benefits to enhance financial, physical, social and psychological health

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

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Underwriter - Marine Liabilities employer: vavemga

As an Azure Platform Analyst, you will thrive in a dynamic and innovative work environment that prioritises employee growth and development. Our company fosters a collaborative culture where your contributions are valued, and you will have access to cutting-edge technology and training opportunities to enhance your skills. Located in a vibrant area, we offer competitive benefits and a commitment to work-life balance, making us an excellent employer for those seeking meaningful and rewarding careers in cloud infrastructure.

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Contact Details:

vavemga Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Underwriter - Marine Liabilities

✨Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

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✨Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

✨Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like vavemga. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Underwriter - Marine Liabilities

Marine Liability Insurance
Risk Assessment
Technical Pricing Expertise
Policy Structuring
Broker Relationship Management
Analytical Skills
Data Interpretation

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at vavemga.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at vavemga. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at vavemga

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at vavemga to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

✨Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

✨Prepare for Behavioural Questions

As a full-timer at vavemga, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

✨Know the Company Culture Inside Out

Understanding vavemga's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.