Remote Senior Underwriter - Marine & Cargo

Placements24; Kimberley; Hybrid; CAD 169,000 - 226,000; Full time

Benefits offered by this job

Remote work

Competitive salary

Medical and life insurance

Retirement savings plan

Professional development

Job summary

Placements24 is seeking a highly experienced Senior Underwriter for a fully remote role focusing on Marine & Cargo insurance. The candidate should bring extensive knowledge of marine insurance principles, risk assessment for cargo and vessel operations, and the ability to develop profitable underwriting strategies.

Responsibilities include underwriting complex risks, negotiating terms, and building broker/client relationships.

Qualifications

• Minimum 8 years in underwriting with Marine & Cargo focus.
• Deep knowledge of hull, cargo, liability products.
• Ability to analyze complex risk exposures in shipping/logistics.
• Excellent negotiation, communication, and analytical skills.
• Strong business acumen and strategic underwriting.
• Proficient in underwriting systems and MS Office.
• Ability to work independently in a remote workload.
• Designations/certifications in marine insurance are desirable.
• Understanding of international trade and shipping regulations.

Responsibilities

• Underwrite marine and cargo insurance risks per guidelines.
• Assess, price, and structure complex policies.
• Build relationships with brokers, agents, clients.
• Analyze market trends and economic factors.
• Ensure regulatory compliance and policies.
• Collaborate with claims to inform underwriting decisions.
• Contribute to new product development.
• Provide underwriting guidance to stakeholders.
• Monitor portfolio performance and seek profitable growth.
• Stay current with international maritime laws.

Skills

Marine & Cargo

Underwriting

Negotiation

Remote work

Analytical skills

Risk assessment

Education

Maritime insurance certifications

Tools

Underwriting systems

Job description

About the Role

Our client, a distinguished global insurer with a specialized focus, is seeking a highly experienced Senior Underwriter to join their remote team, focusing on Marine & Cargo insurance. This is a fully remote position, allowing you to leverage your expertise from anywhere within South Africa. The ideal candidate will possess extensive knowledge of marine insurance principles, risk assessment for cargo and vessel operations, and the ability to develop profitable underwriting strategies. You will be responsible for evaluating complex risks, negotiating terms and conditions, and building strong relationships with brokers and clients. This role requires a self-driven individual with a deep understanding of the international shipping and logistics landscape, capable of excelling in a virtual environment.

Key Responsibilities

• Underwrite marine and cargo insurance risks in accordance with company guidelines and risk appetite.
• Assess, price, and structure complex marine and cargo insurance policies.
• Develop and maintain strong relationships with brokers, agents, and clients in the maritime industry.
• Analyze market trends, competitor strategies, and economic factors affecting marine insurance.
• Ensure compliance with all relevant insurance regulations and company policies.
• Collaborate with claims teams to understand loss trends and inform underwriting decisions.
• Contribute to the development of new marine insurance products and services.
• Provide expert underwriting advice and support to internal and external stakeholders.
• Monitor the performance of the underwriting portfolio and implement strategies for profitable growth.
• Stay current with international maritime laws, trade practices, and emerging risks.

Requirements

• A minimum of 8 years of underwriting experience, with a strong specialization in Marine & Cargo insurance.
• In-depth knowledge of hull, cargo, liability, and other relevant marine insurance products.
• Proven ability to analyze complex risk exposures in the shipping and logistics sectors.
• Excellent negotiation, communication, and analytical skills.
• Strong business acumen and a strategic approach to underwriting.
• Proficiency in relevant underwriting systems and Microsoft Office Suite.
• Ability to work independently and manage a remote workload effectively.
• Professional designations or certifications in marine insurance are highly desirable.
• Understanding of international trade and shipping regulations.
• Self-motivated, detail-oriented, and committed to achieving results.

Benefits

This is a 100% remote position, offering unparalleled flexibility and autonomy. Our client provides a highly competitive salary, along with a performance-based bonus structure. A comprehensive benefits package includes excellent medical aid, life insurance, and a retirement savings plan. Professional development is actively encouraged, with opportunities for specialized training and continuous learning. Join a globally recognized insurer and be part of a dedicated, virtual team. We offer a supportive work environment that values expertise and promotes career growth within the specialized field of marine insurance.