Yacht Underwriter

1 week ago


London, Greater London, United Kingdom mbf. Full time

We are seeking a highly skilled Yacht Underwriter to join our team at mbf. as a key member of our Underwriting department. This is an exciting opportunity for a seasoned Underwriter or an Assistant/Deputy Underwriter looking to take on new challenges and contribute to the growth of our business.

**Key Responsibilities:**

  • To assess and manage risk in accordance with our Underwriting Guidelines and Procedures Manual.
  • To maintain high levels of service to our Members and brokers, ensuring prompt and accurate issue of documentation.
  • To develop and maintain strong relationships with Members and Brokers to drive portfolio growth and retention.
  • To identify and pursue new business opportunities that align with our company's goals.
  • To monitor and analyze portfolio performance, highlighting areas for improvement and implementing corrective actions.
  • To ensure timely payment of outstanding premiums in collaboration with our Finance team.
  • To approve and issue blue cards, ensuring compliance with regulatory requirements.
  • To share knowledge and best practices with the Underwriting team, promoting a culture of excellence.
  • To participate in training and development activities to enhance skills and knowledge.
  • To conduct thorough sanctions screening on Members, parties, and vessels.
  • To complete a minimum of 15 hours of Continuous Professional Development annually.

**Requirements:**

  • Proven experience in Underwriting, preferably in the Yacht industry or Yacht broking.
  • Excellent negotiation and customer service skills.
  • Strong business development and broker/underwriter liaison skills.
  • Analytical skills with exceptional report writing abilities.

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