Marine and Energy Liability Underwriter

The Hartford; Greater London; On-site; GBP 50,000 - 65,000; Full time

Job summary

A leading insurance company is seeking an INTL Underwriter I in London. This role involves underwriting a profitable Marine and Energy Liability book and developing strong customer relationships. Ideal candidates will have over 5 years of relevant experience and a current role in the London Market. The position requires excellent communication skills and the ability to prioritize workload effectively, ensuring adherence to best practices and regulatory standards.

Qualifications

• 5+ years experience in Marine and Energy Liability Underwriting.
• Current or recent role in London Market.
• Experience of identifying and implementing better processes.

Responsibilities

• Execute the London Market Marine and Energy Liability business plan.
• Provide technical underwriting support to teams.
• Develop business opportunities through brokers.
• Ensure compliance with policies and regulations.

Skills

Relationship building

Organizational skills

Attention to detail

Flexible

Good communication

Process improvement

Education

Relevant standard of education

Job description

INTL Underwriter I - UW08YY

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

This role will be based in London, UK and you are required to have the necessary right to work details prior to application.

Purpose Of The Job

As a part of the Marine and Energy Liability Team the candidate will help to underwrite a profitable ML/EL book. We are a customer centric organisation and the successful candidate will help to create strong customer outcomes while providing a quality service to our business partners.

Reporting Relationships

• Reports directly to Portfolio Manager for Marine and Energy Liability.
• Works in close co-operation with team colleagues.

Job Responsibility And Competence

Key Accountabilities

• Use authority granted in Underwriting Authority Statement to execute on the London Market Marine and Energy Liability business plan.
• Provide assistance and technical underwriting support to the Marine and Energy Liability Underwriting teams.
• Develop and research business opportunities both through London Market brokers and Hartford International Offices.
• Develop and use technical expertise to enhance profitability of renewals and add profitable new opportunities to the book.
• Keep abreast of development of claims within the Marine and Energy Liability book and to liaise with the claims team as necessary to ensure appropriate settlement of these claims.
• Ensure compliance with Hartford best practice and policies and Lloyd’s regulations at all times.
• Act in the capacity of a PRA/FCA Approved Person with responsibility for controlled functions and as such complying at all times with the PRA/FCA Statements of Principle for Approved Persons.
• Assist in further development of systems for the monitoring and reporting of aggregate exposures.
• Help further develop and maintain technical pricing models.
• Help report to management, on a monthly basis, of developments in the London market Marine and Energy Liability accounts towards business plan and budget.
• Running and producing internal reports and figures.
• Contribute, as required, to the quarterly and annual reporting of underwriting results.
• Participate as required in various committees, including underwriting, delegated underwriting, operations and risk.

Procedures

• Ensures that all policies and procedures are adhered to.
• Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented.
• Undertake continued Professional Development and comply with The Hartford procedures.

Other Duties

• The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford.

Qualifications And Capabilities

• Reasonable standard of education.
• Ability to develop and sustain relationships with internal and external customers.
• Ability to prioritise and organise workload.
• Attention to detail.
• Team player with ability to work on a stand-alone basis.
• Flexible.
• Good communication skills.
• Experience of identifying and implementing better processes.

Experience

• Relevant experience of Marine and Energy Liability Underwriting.
• Current or recent role in London Market.
• 5+ years experience.