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.