Marine Hull Underwriter

About us

Avencia Consulting are partnered with a leading Reinsurer who are looking to hire a Marine Hull Underwriter to join on a permanent basis.

The role

Reporting to the Deputy Head of Marine, the primary purpose of the role is to assist in originating, modelling, administering and underwriting a portfolio of (re)insurance business. This is an opportunity to work an existing book of business whilst supporting 2025 growth strategies.

Key accountabilities

* Participate in the underwriting process, evaluation and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
* Assist and work with risk modeling and pricing tools
* Originate, leverage, build and maintain broker and client relationships
* Monitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirements
* Ensure accuracy and integrity of underwriting data in group underwriting systems
* Prepare and issue quotes on an accurate and timely basis
* Supervising and/or mentoring junior members of the team
* Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors and regulators as required
* Assist with strategic initiatives as needed to promote business growth

Skills & experience

* Bachelor''s degree
* Minimum of 5 years'' experience in a broking or underwriting capacity in the relevant line of business
* Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings
* Proficient understanding of the International underwriting marketplace
* Excellent analytical skills (testing may be required), with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles
* Proven negotiator, with demonstrated ability to attract new business and retain clients