Marine Underwriter

Summary

Underwrites marine insurance policies for cargo, hull, and liabilities, evaluating risks and setting terms while collaborating with brokers and clients.

Job Description

  • Assess and underwrite marine insurance risks for cargo, hull, and marine liabilities.
  • Review policy terms, conditions, and pricing for marine insurance coverage.
  • Work closely with brokers, clients, and internal teams on risk evaluation.
  • Analyze claims history, exposure, and market trends.
  • Ensure compliance with underwriting standards and regulations.
  • Support portfolio monitoring and renewal processes.

Requirements:

  • Degree in Insurance, Finance, Business, Maritime, or related field.
  • 3–5 years experience in marine insurance underwriting.
  • Strong knowledge of Marine Insurance products and risk assessment.
  • Familiarity with marine sectors such as Marine Cargo Insurance and Hull and Machinery Insurance.
  • Strong analytical, negotiation, and communication skills.
  • Professional certification from Chartered Insurance Institute is an advantage.