Deputy Underwriter

The London P&I Club; Greater London; Hybrid; GBP 40,000 - 50,000; Full time

Job summary

A global marine insurance provider in London seeks a Deputy Underwriter to support the assessment of new business opportunities in a hybrid work environment. The successful candidate will assist in conducting due diligence checks, help prepare underwriting documentation, and contribute to market engagement activities. Applicants should have 1–2 years of relevant experience, strong IT skills, and the ability to communicate effectively with various stakeholders.

Qualifications

• Strong IT proficiency with effective work in underwriting systems.
• Ability to represent the Association professionally.
• 1–2 years of relevant underwriting or insurance experience.

Responsibilities

• Support underwriters in assessing new business opportunities.
• Conduct due diligence checks in line with underwriting guidelines.
• Assist in evaluating and quoting new business.

Skills

Strong IT proficiency

Teamwork

Communication & Presentation

Education

1–2 years of relevant experience

Job description

We are a globally recognised marine insurer, providing Protection and Indemnity (P&I) cover to a diverse portfolio of shipowners and charterers. As a key member of the International Group of P&I Clubs, we provide tailored insurance covers to our international membership. Operating from offices in London, Hong Kong, Piraeus, Cyprus and Shanghai, we pride ourselves on delivering flexible, member-focused insurance solutions that meet the unique needs of the global shipping community. Our London headquarters serve as the hub for our operations, where we foster a collaborative and dynamic environment within a regulated framework, adhering to both financial and insurance regulatory standards.

The Opportunity

We are seeking a Deputy Underwriter to join our busy team based in London. This role offers a hybrid working arrangement.

Key Responsibilities

• Support underwriters in the assessment and evaluation of new business opportunities presented to the Association.
• Conduct due diligence checks on new and existing business in accordance with established underwriting guidelines.
• Assist in the evaluation and quotation process for new business and additions to existing portfolios.
• Participate in market engagement activities with Members, Assureds and brokers to support business development initiatives.
• Travel with underwriters to domestic and international markets as required for business development and relationship‑building.
• Prepare ship and renewal documentation for underwriter approval prior to entry into underwriting systems.
• Update and maintain underwriting system data to ensure accuracy of vessel details (e.g., name, flag, tonnage).
• Assist in the preparation and issuance of accounting documentation.
• Perform daily checks to verify system inputs from the previous day have been entered accurately.Support the annual production of Member and Assured account statements, including verification of accounting balances.
• Process laid‑up return applications as required.
• Review and encode application forms for new vessels and updates to underwriting data.
• Respond to account‑related queries raised by Members, Assureds, and brokers.
• Assist in preparing documentation for underwriters and issuing policy documentation following renewal, new entries, or amendments.
• Support the production of oil pollution documentation for CLC, USCG and ITOPF certification.
• Assist in producing Letters of Undertaking for mortgagee banks and provide annual renewal confirmations.
• Undertake additional administrative and clerical duties as assigned.

Person Specification

Judgment:

A strong understanding of mutual risk and the ability to evaluate business in line with the Association’s underwriting guidelines.

Teamwork:

A collaborative approach with an appreciation of how the Association and the wider insurance market operate.

Communication & Presentation:

Ability to represent the Association professionally to Members, prospective Members and brokers.

Capability to gather and interpret market intelligence efficiently through a developed network of contacts.

Education & Experience

• 1–2 years of relevant experience.

Technical Skills

• Strong IT proficiency with the ability to work effectively with underwriting systems.

Other Requirements

• Willingness to attend events outside standard working hours.
• Availability for international travel.

Role Objectives

• Ensure a consistent and disciplined approach to underwriting.
• Maintain an active market presence and strengthen business relationships.
• Manage and develop allocated accounts while contributing to new business growth.
• Maintain regular engagement with Members, prospective Members and brokers.
• Develop a thorough understanding of underwriting processes and internal operational requirements.