Marine Cargo Underwriter

Allianz Popular SL.; London; Hybrid; EUR 50,000 - 90,000; Full time

Job summary

Join a leading global insurer as a Marine Cargo Underwriter in London, where your expertise will drive profitable underwriting of new and renewal business. In this dynamic role, you will negotiate terms, analyze portfolios, and build strong relationships with clients and brokers. This innovative firm offers a hybrid working model, competitive compensation, and a commitment to your professional growth. With a focus on inclusive culture and sustainability, you will play a vital role in shaping the future of marine insurance while enjoying a supportive environment that values your contributions.

Benefits

Generous bonus scheme

Pension plan

Private healthcare

Flexible working arrangements

Career development programs

Parental leave benefits

Qualifications

• Significant experience as a Marine Underwriter/Broker in the London market.
• Strong data and analytical skills essential for the role.

Responsibilities

• Underwrite new and renewal business to meet Marine Cargo targets.
• Negotiate pricing and terms with clients and brokers.

Skills

Marine Underwriting

Negotiation

Data Analysis

Excel

PowerPoint

Commercial Acumen

Relationship Management

Education

Experience in Marine Insurance

Understanding of Legal Framework

Tools

Excel

PowerPoint

Job description

Let’s care for tomorrow.
Your ambitions. Your dreams. Your tomorrow

Whether it’s aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.

We are looking for a Marine Cargo Underwriter based in London.

Your Team
Allianz Commercial is one of the largest Marine insurers in the world with a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

The Impact You Will Have
Joining the Marine team in London and on our Lloyd’s box, you will take prime responsibility for underwriting profitable new and renewal business to meet the Marine Cargo targets in accordance with underwriting guidelines and underwriting authority. Reporting to the Head of Marine, London you will negotiate pricing and terms and conditions, own accounts/clients, while developing and maintaining strong relationships with producers and clients in partnership with Market Management.

Some of your specific responsibilities could include:

• Assist in the successful execution of the Marine business plan
• Underwrite new and renewal business
• Demonstrate in depth technical expertise and lead capabilities
• Negotiate participation, pricing and terms and conditions with clients and brokers
• Analyse the existing portfolio to ensure long-term profitability
• Establish and strengthen relationships with key stakeholders
• Contribute to the development of regional Underwriting strategy for Marine
• Actively drive involvement of functional areas in Underwriting process, including Distribution, Risk Consulting, Claims, Operations etc.
• Present in team and divisional meetings
• Collaborate on ad hoc projects in a small and friendly team

What You’ll Bring to the Role

• Significant experience as a Marine Underwriter / Broker in the London market
• Established relationships with brokers at peer group level and established within the market.
• Good understanding of the London market and competitor landscape
• Understanding of legal and regulatory framework
• Experience working in a complex, global matrix organization.
• Strong data and analytical skills
• Advanced Excel and PowerPoint skills
• Flexible attitude and a strong team player aligned with Allianz’s culture of diversity and inclusion
• Commercial acumen and a demonstrated ability to learn and mentor technical Underwriting skills

What’s in it for you?

Let’s care about everything that makes you, you
We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let’s care for your financial wellbeing
We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let’s care for your opportunities to progress
From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let’s care for life’s twists and turns
From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let’s care for our society and our planet
With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the Allianz Group brand serving the world’s largest consumer brands and major industry players through to family-owned enterprises forming the backbone of nations’ economies. We bring together the corporate multinational business of Allianz Global Corporate & Specialty and the commercial business of national Allianz Property & Casualty entities and provide both traditional and alternative risk transfer solutions, outstanding risk consulting and Multinational services as well as seamless claims handling.

As a key strategic player in the Allianz Group network, Allianz Commercial is present in over 200 countries and in 2022 generated more than €19 billion gross premium.

Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.

People with disabilities:
We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email [e-mail]