Marine Hull Underwriter

ZipRecruiter; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

A leading specialty insurance company seeks an Underwriter to originate and manage insurance business portfolios. The ideal candidate will have strong analytical skills and a Bachelor's degree, with at least 5 years of relevant experience in broking or underwriting. This role involves both independent decision-making and building relationships in a dynamic environment.

Qualifications

• At least 5 years of experience in broking or underwriting.
• Ability to manage meetings independently.
• Established networks with brokers and clients.

Responsibilities

• Participate in the underwriting process and evaluate submissions.
• Assist with risk modelling and pricing tools.
• Ensure compliance with underwriting regulations.

Skills

Analytical skills

Negotiation skills

Proficient understanding of international underwriting

Education

Bachelor's degree in Finance or Mathematics

Job description

Job Description

About us

The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at www.fidelispartnership.com/

The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

Role Overview

Reporting to the Deputy Head of Marine, the primary purpose of the role is to assist in originating, modelling, administering and underwriting a portfolio of (re)insurance business. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that Fidelis’ interests are properly managed and protected.

Role Responsibilities

• Participate in the underwriting process, evaluate and present submissions, analyse and interpret exposures, determine coverage and contract terms.
• Assist with risk modelling and pricing tools.
• Originate, leverage, build, and maintain broker and client relationships.
• Monitor market developments and stay current on relevant classes of business, legislative and regulatory changes.
• Ensure accuracy and integrity of underwriting data in systems.
• Prepare and issue quotes accurately and promptly.
• Supervise and mentor junior team members.
• Ensure compliance with underwriting regulations, liaising with brokers, clients, auditors, and regulators as needed.
• Assist with strategic initiatives to promote business growth.

Skills & Experience

• Bachelor’s degree in Finance or Mathematics preferred.
• At least 5 years of experience in broking or underwriting in relevant lines of business.
• Established networks and strong relationships with brokers and clients; able to manage meetings independently.
• Proficient understanding of the international underwriting marketplace.
• Excellent analytical skills, able to interpret pricing models and perform analyses.
• Proven negotiation skills with ability to attract and retain clients.

The Fidelis Partnership Ethos

Our culture is defined by our ethos, which is the foundation of who we are and everything we do.

• Results – Focused on profitability, responsive decision-making, and accountability.
• Innovate – Leading market services and products, and driving positive industry change.
• Include – Creating an environment where employees can bring their whole selves, with open communication and recognition.
• Unite – Operating as a team with diverse talents, reflecting societal diversity.
• Respond – Remaining nimble and ready for change in a volatile environment.

Equality & Diversity

We aim for a workplace where all employees are valued, regardless of background, experience, or thought. We promote equal opportunities for career progression and fair rewards, driven by a workforce that embraces diversity at all levels.