P&I Underwriter - Offshore Syndicate

National Association of Mutual Insurance Companies; London; Hybrid; GBP 40,000 - 70,000; Full time

Job summary

A leading P&I Club is hiring an Underwriter for their Offshore Syndicate. This role offers a great opportunity for career development, requiring 3-5+ years of experience in underwriting. Responsibilities include assessing risks, managing relationships with Members and Brokers, and identifying new business opportunities.

Qualifications

• 3-5+ years of experience, ideally from a P&I Club.
• Strong understanding of underwriting guidelines.
• Ability to identify and attract new business opportunities.

Responsibilities

• Assess risks according to underwriting guidelines.
• Build and maintain relationships with Members and Brokers.
• Monitor and analyze the portfolio's performance.

Skills

Risk Assessment

Relationship Management

Communication

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 promote from within, 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 and accurately 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 benefit of 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 to enhance skills and knowledge.
• Conduct sanctions screening on Members, other parties, and vessels, resolving any hits before binding cover or processing MTA's.