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