P&I Underwriter - Offshore Syndicate

Financial Women’s Association; London; On-site; GBP 45,000 - 70,000; Full time

Job summary

A prestigious P&I Club in London is looking for an experienced Underwriter to join their Offshore Syndicate. The successful candidate will play a key role in assessing risks, managing client relationships, and contributing to business development. With a focus on career growth and internal promotion, this position offers a unique opportunity to develop skills in a supportive environment. Ideal candidates will have 3-5+ years of underwriting experience, particularly within P&I Clubs, contributing to portfolio performance and maintaining high service standards for Members and Brokers.

Responsibilities

• Assess risks accurately according to the underwriting guidelines outlined in the Underwriting Procedures Manual.
• Follow the Underwriting Procedures Manual and all related processes strictly.
• Maintain high service levels for Members and brokers by promptly issuing documentation.
• Build and maintain relationships with Members and Brokers to grow the portfolio for the Club's mutual benefit.
• Identify and attract new business opportunities for the Association.
• Monitor and analyze the portfolio's performance, addressing issues promptly.
• Ensure all outstanding premiums are paid before renewals are bound, in collaboration with the finance team.
• Approve and ensure the correct issuance of blue cards.
• Share knowledge and experience within the Underwriting team.
• Participate in training and development activities to enhance skills and knowledge.
• Conduct sanctions screening on Members, other parties, and vessels, resolving hits before binding cover or processing MTA's.

Job description

New Vacancy - Underwriter - Offshore Syndicate

London / Hybrid

P&I Club

HFG is currently recruiting for a leading P&I Club seeking an Underwriter to join their growing team.

My client is looking for 3-5+ years of experience, ideally from a P&I Club, and the successful candidate will join their Offshore Syndicate. They prioritize succession planning and internal promotion, making this a great opportunity for career development.

Key Responsibilities

• Assess risks accurately according to the underwriting guidelines outlined in the Underwriting Procedures Manual.
• Follow the Underwriting Procedures Manual and all related processes strictly.
• Maintain high service levels for Members and brokers by promptly issuing documentation.
• Build and maintain relationships with Members and Brokers to grow the portfolio for the Club's mutual benefit.
• Identify and attract new business opportunities for the Association.
• Monitor and analyze the portfolio's performance, addressing issues promptly.
• Ensure all outstanding premiums are paid before renewals are bound, in collaboration with the finance team.
• Approve and ensure the correct issuance of blue cards.
• Share knowledge and experience within the Underwriting team.
• Participate in training and development activities to enhance skills and knowledge.
• Conduct sanctions screening on Members, other parties, and vessels, resolving hits before binding cover or processing MTA's.