Marine Hull and War Underwriter Assistant

4 days ago

London, Greater London, United Kingdom Liberty Specialty Markets Full time
About the Role:

This is an exciting opportunity to join our Marine Hull and War team as an Assistant Underwriter. The team forms part of the wider Marine division at Liberty Specialty Markets, a leading global insurer. As an Assistant Underwriter, you will play a key role in maintaining relationships with brokers, clients, and business partners to manage a renewal portfolio and develop new business opportunities.

About the Department & Team:

The Marine Hull and War team represents two of the seven underwriting portfolios within our Marine division. We provide Marine Hull insurance for a wide range of vessels and carriers on a global basis, from the largest and most sophisticated cruise vessels to bulk carriers, tankers, gas carriers, reefer vessels, harbour, and offshore support vessels. Our team has a strong presence in the London market, operating both on the Lloyds and Company platform.

Key Responsibilities:
  1. Support the execution of the annual business plan development in accordance with the stated risk tolerances.
  2. Support the teams in maintaining and developing broker relationships.
  3. Assist the team with day-to-day duties in quoting, reviewing renewals, and new business.
  4. Act as a conduit between the underwriters and underwriting assistants.
  5. Use rating tools and portals to support data capture across the portfolio. Where appropriate, analyse this data and provide insights back to the underwriting team.
  6. Contribute and participate in all meetings to share and develop strategy, knowledge, and best practice.
  7. Contribute new ideas and concepts to support the development and delivery of the business plan.
  8. Develop knowledge of market dynamics and market cycles to support the performance of the underwriting team.
  9. Support the analysis and subsequent review of the output to identify opportunities and/or trends to assist the team in achieving business objectives.
  10. Process entries, as required, onto relevant systems in a timely manner, ensuring accuracy of data with relation to both underwriting and aggregate exposures.
Skills and Experience:

We are looking for a candidate with a solid understanding of insurance business practices focused on the London market. Knowledge of Marine Hull and War insurance is desirable but not required. The ideal candidate will have strong organisational and prioritisation skills, an intermediate level understanding of Excel and other relevant software, a high level of numeracy and literacy skills, good interpersonal and communication skills, and good knowledge of legal and regulatory requirements. A degree or equivalent qualification is desired.

About Liberty Specialty Markets:

Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success, and we are committed to their career development, diversity, equity, and inclusion, and promoting a healthy work-life balance and flexible working arrangements.

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