Underwriter - Marine Liabilities

Canopius; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid working

Discretionary bonus

Health insurance

Pension

Dental cover

Job summary

Canopius is seeking an experienced Marine Liabilities Underwriter in London to join our Marine team. You will operate with underwriting authority, applying disciplined risk selection, technical pricing and strong broker engagement to drive profitable growth.

You will collaborate with actuarial, claims and reinsurance teams, ensuring governance and regulatory compliance while strengthening Canopius’ market position in marine liabilities.

Qualifications

• Significant experience in Marine Liability underwriting, Lloyd's or London Market preferred.
• Able to assess risk, price, and structure policies.
• Established broker relationships and credible market presence.

Responsibilities

• Support Marine Underwriting Head in executing Liabilities strategy.
• Underwrite new and renewal marine liability risks within authority.
• Drive profitable growth via portfolio management and cycle awareness.
• Monitor performance and identify high-quality opportunities.
• Strengthen broker and client relationships for market access.
• Collaborate with actuarial, claims, and reinsurance teams on decisions.
• Ensure regulatory compliance and underwriting governance.
• Produce insight-led portfolio reporting for decision making.

Skills

Marine liability

Pricing expertise

Broker relationships

Analytical skills

Communication

Commercial mindset

Attention to detail

Stakeholder collaboration

Job description

The Marine team is currently writing business across most Marine classes including Liabilities, Ports and Terminals, War, Hull and Cargo.

We are looking for an experienced Underwriter to join the Marine team in London, with a specific focus on Marine Liabilities. The portfolio will include a broad spectrum of liability exposures across marine and offshore sectors, written on both a primary and excess basis for a global client base including shipowners, operators, offshore contractors and associated marine industries.

The successful candidate will play a key role in the execution of the Marine underwriting strategy, contributing to profitable growth, portfolio optimisation, and strengthening Canopius’ market position in marine liabilities.

You will operate with a level of underwriting authority, demonstrating disciplined risk selection, technical pricing expertise, and strong broker and client engagement, whilst contributing to the wider success of the Marine platform.

Key Responsibilities

• Support the Head of Marine Underwriting in executing the Marine Liabilities underwriting strategy aligned to business plan, risk appetite, and return targets
• Underwrite new and renewal marine liability risks within authority, ensuring disciplined risk selection and pricing adequacy
• Drive profitable growth through portfolio management, cycle awareness, and proactive identification of high-quality opportunities
• Assist with portfolioperformance monitoring, optimisation, and remediation where required
• Build and maintain strong broker and client relationships to enhance Canopius’ market profile and access to business
• Demonstrate technical expertise across marine liability classes, including coverage structuring and wordings negotiation
• Collaborate closely with actuarial, claims, exposure management and reinsurance teams to inform underwriting decisions and portfolio strategy
• Ensure compliance with regulatory requirements, internal controls, and underwriting governance standards
• Analyse portfolio performance, producing insight-led reporting to support decision-making
• Contribute to innovation and continuous improvement, challenging existing approaches where appropriate
• Support and mentor junior team members, contributing to capability development within the Marine team
• Maintain strong internal relationships across underwriting platforms and international offices to ensure consistency and knowledge sharing
• Represent Canopius in the market, including broker meetings, industry events, and client engagement
• Maintain up-to-date market knowledge, including emerging risks, legal developments, and competitor activity

Skills and experience

• Significant experience within Marine Liability insurance, ideally within the Lloyd’s or London Market
• Strong technical capability in risk assessment, pricing, and policy structuring
• Established broker relationships and credible market presence
• Strong analytical skills with the ability to interpret data and portfolio performance metrics
• Excellent communication and negotiation skills (written and verbal)
• Commercial mindset with a focus on delivering sustainable profitability
• High attention to detail and strong organisational capability
• Collaborative approach with the ability to influence stakeholders across functions
• Cultivates and maintains positive relationships with relevant internal or external stakeholders, effectively involving and communicating with them to drive collaboration, support, and alignment towards shared goals.

Collaboration and teamwork

Works effectively with team, project or other work groups or those outside formal line of authority to accomplish goals. Actively participates as a member of a team; develops and builds cohesive team relations to produce required outputs; possesses knowledge and understanding of colleagues work.

Adapting to change

Adjusts thoughts, feelings, and behaviours to handle new, challenging, or complex situations; embracing change as a growth opportunity when working within new work structures, processes, regulations, or requirements.

Analyses current and future state business requirements and identify strategies to continuously improve products, services or processes. Guide and inspire others to achieve results to enhance efficiency, quality and consistency.

Creates, develops and implements new ideas to enhance new or improved processes, systems, solutions, products or services; tries different and novel ways to deal with problems and opportunities.

Resilience

The ability to cope with and recover from setbacks, challenges or difficulty. Persevering even under pressure or crisis situations and uses ways that foster strength and growth, often emerging stronger than before.

Future Focused

Anticipates changes in regulations, technology and client needs, proactively responding to key trends happening in the industry. Thinks about the future through identifying opportunities and obstacles whilst planning effectively.

About Us

Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

Canopius fosters a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.