Senior Underwriter – Marine & Energy Liability

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Senior Underwriter – Marine & Energy Liability

  • Location:

    United Kingdom

  • Salary:

    40000115000 to 40000999999

  • Contact:

    Piere Forbes

  • Contact email:

    piere.forbes@equitycity.co.uk

  • Job ref:

    373

  • Published:

    about 1 month ago

  • Expiry date:

    2024-05-26

Title: Senior Underwriter – Marine & Energy Liability
Hybrid: London City 
Salary: £100,000+ 

Job Summary:
Our client seeks an individual to underwrite and develop a profitable liability book as part of a M&E liability team and wider Marine & Energy Division, providing exceptional service to clients and stakeholders.

Key Responsibilities:

  • Execute the International M&E Liability business plan and assist in future planning.
  • Identify and pursue business opportunities through London Market brokers and international offices.
  • Utilize technical expertise to enhance profitability of renewals and attract profitable new business.
  • Monitor claims development and collaborate with claims team for appropriate settlements.
  • Purchase facultative reinsurance within client guidelines.
  • Ensure compliance with best practices, policies, and Lloyd’s regulations.
  • Act as a PRA/FCA Approved Person, adhering to regulatory principles.
  • Assist in developing and maintaining technical pricing models.
  • Provide monthly and periodic reporting on M&E Liability account performance.
  • Contribute to quarterly and annual underwriting results reporting.
  • Participate in committees including underwriting, operations, and risk & compliance.
  • Fulfill duties of Head of M&E Liability as needed.
  • Mentor and educate team members.

Key Skills Needed:

  • In-depth knowledge of M&E Liability business.
  • Ability to build and maintain relationships with internal and external stakeholders.
  • Effective prioritization and organizational skills.
  • Attention to detail.
  • Collaborative team player with capacity for independent work.
  • Flexibility and adaptability.
  • Strong communication skills.
  • Experience in process improvement implementation.