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Yacht Underwriter

2 months ago

London, United Kingdom mbf. Full time

We are looking for a candidate with a passion for Yachts This is a great role for a Yacht Underwriter or an Assistant / Deputy Underwriter looking to take a step up. To work for one of the leading P&I clubs, to underwrite the Club’s business providing a liability solution to cover the operational needs of our 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.
  • To complete a minimum 15 hours Continuous Professional Development Annually.

Experience Required:

  • Previous experience in an Underwriting role, with experience in Yachts or experience in Yacht broking.
  • Skilled negotiator and service orientated.
  • Proven experience of business development and broker/underwriter liaison.
  • Analytical skills, with excellent report writing ability.