Senior Underwriter - Marine/Cargo & Freight (UK based)

Chaucer; Ipswich; Remote; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance group is seeking a Senior Underwriter for Marine Cargo and Freight Liability. This role offers flexibility in location within the UK and involves underwriting, developing broker relations, and ensuring compliance with regulatory requirements. The ideal candidate will have proven underwriting experience and strong interpersonal skills, working independently and collaboratively in a dynamic environment.

Qualifications

• Proven underwriting experience with knowledge of Cargo and Freight Liability insurance.
• Ability to develop strong client relationships.

Responsibilities

• Develop existing broker relations and generate new business opportunities.
• Underwrite and review new and renewal risks.
• Collaborate with other departments and maintain accurate records.

Skills

Interpersonal Skills

Communication Skills

Technical Skills

Education

Minimum of 5 GCSE passes

Tools

Microsoft Office

Job description

Working within the Lonham Group Ltd as a Senior Underwriter for Marine Cargo and Freight Liability business.

This role offers flexibility in location within the UK, as we manage a countrywide book of business. We welcome applications from candidates based in any region.

Main duties

• Develop existing broker relations to maintain and expand current book of business
• Generate new business opportunities in line with Lonham growth strategy
• Gain knowledge of and articulate Lonham client proposition
• Underwrite, review new and renewal risks, considering risk type, cargo nature, limits, voyages, stock locations, turnover, rating guidelines, and claims experience
• Produce and distribute policy documentation
• Input and maintain accurate records within the Underwriting and Accounts systems; capture relevant data for monitoring and analysis
• Monitor risks due for renewal
• Prepare reports and statistical information as required by Underwriters
• Liaise with brokers and policyholders to obtain information, provide quotes, and produce insurance documentation; chase for outstanding premiums, adjustments, and declarations
• Raise invoices/credits as needed according to policy wording
• Collaborate with other departments within Lonham and Chaucer
• Build and maintain good relationships with brokers and clients
• Attend training sessions and meetings as required

Regulatory responsibilities

• Sanction check all new and existing customers
• Adhere to FCA rules regarding insurance premiums
• Issue policy documentation within industry deadlines
• Promptly identify, record, and refer customer complaints
• Uphold principles of Treating Customers Fairly with agents and service providers
• Write policies within Chaucer/Lloyds guidelines

Our requirements

Relevant experience

Essential

• Proven underwriting experience with good knowledge of Cargo and Freight Liability insurance; ability to develop strong client relationships
• Technical skills
• Microsoft Office (Word, Excel or equivalents)

Education & Experience

Essential

• Minimum of 5 GCSE passes (Grade C or 5), including Maths and English

Desirable

• A.C.I.I. qualification or part-qualified
• Experience with AI technologies such as co-pilot or similar

Personal skills

• Ability to work independently and as part of a team
• Effective interpersonal and communication skills
• Professional, well-presented, and self-motivated
• Organized, accurate, enthusiastic

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries worldwide from various risks. Our clients include major airlines, energy companies, shipping groups, global manufacturers, and property groups.

Our headquarters are in London, with international offices in Bermuda, Copenhagen, Dubai, and Singapore to serve our global clients. For more information, visit our website.

Chaucer values diversity, actively promotes inclusion, and is committed to fair employment practices in accordance with UK legislation. We encourage flexible working arrangements and invite you to discuss your needs during the interview process.