Underwriter - Europe & Africa
| Department | Location | Contract type |
|---|---|---|
| Underwriting | London | Permanent |
If interested in this role, please send us your CV and covering letter outlining why you would be suitable for this position and your salary requirements to recruitment@shipownersclub.com
We have a vacancy for an Underwriter to join our Europe & Africa Syndicate on a permanent basis. The successful candidate will be enthusiastic and a quick learner with a desire to develop their career in a friendly and supportive Insurance company. This is a great opportunity for either a Deputy Underwriter now ready for the next step or an Underwriter wanting to move to where they will be given the chance to ‘own’ accounts and have the opportunity to progress and of course, become part of a fantastic team! Candidates must have experience of P&I Underwriting. The team are looking forward to welcoming their new colleague!
We also have a hybrid working model (minimum 2 days in the office / 3 days remote).
Overall responsibility of the Role
To underwrite the Club’s business providing a liability solution to cover the operational needs of the Members.
Role Responsibilities:
- To ensure the correct assessment of risk in accordance with the underwriting guidelines set out in the Underwriting Procedures Manual.
- To fully adhere to the Underwriting Procedures Manual and all processes therein.
- To ensure that high levels of service to Members and brokers are achieved and maintained, including prompt and accurate issue of Members’ documentation.
- To develop and maintain relationships with Members and Brokers to ensure the retention and development of the portfolio for the mutual benefit of the Club.
- To identify, attract and develop new business opportunities that are of mutual benefit to the Association.
- To continually monitor and analyse the performance of business within the portfolio, highlighting and addressing areas of concern that require action.
- To ensure all outstanding premium is paid prior to binding of renewals in conjunction with the finance team.
- Responsible for approving and ensuring the correct issuance of blue cards.
- To share knowledge, information and experience across the Underwriting team.
- To develop the skills and knowledge required for the effective performance of the role by participating in and actively contributing to training and development activities.
- To ensure sanctions screening has been undertaken on Members, other named parties and all vessels, and any hits resolved, prior to binding cover or processing MTA’s.
- To complete a minimum 15 hours Continuous Professional Development Annually.
Skills & Experience required:
- Underwriting experience in Mutual and/or Fixed Premium P&I Cover.
- Good understanding of P&I and additional covers.
- Skilled negotiator and service orientated.
- Proven experience of business development and broker liaison.
- Analytical skills, with excellent report writing ability.
- Completed or studying for, the P&I Qualification - desirable.
- A European language would be a bonus.
Candidates must be eligible to work in the UK