Executive Underwriter Ocean Marine

Genesis Resources; Chicago (IL); On-site; USD 180,000 - 260,000; Full time

Job summary

Genesis Resources seeks an Executive Ocean Marine & Cargo Underwriter to lead underwriting initiatives across marine, cargo, inland marine, and transportation portfolios. The role focuses on profitable growth, disciplined risk selection, and strong broker and client relationships to expand market presence.

The ideal candidate has 10+ years in commercial marine underwriting, with advanced expertise and a track record of managing complex, multinational risks, and collaborating with

Qualifications

• 10+ years of commercial marine underwriting experience or equivalent
• Demonstrated ability to manage profitability and portfolio performance
• Experience underwriting complex domestic and international marine risks
• Strong analytical, financial, and decision-making abilities
• Excellent communication and relationship management skills
• Experience collaborating with claims, actuaries, legal, and reinsurance teams

Responsibilities

• Lead underwriting strategy and portfolio management for Ocean Marine, Cargo, Inland Marine, and Transportation lines.
• Underwrite complex new and renewal risks involving domestic and international cargo operations and marine liabilities.
• Analyze financial statements, loss trends, trade routes, and catastrophe exposures to set pricing and coverage.
• Develop and maintain broker, client, and distribution partner relationships to grow profits.
• Structure customized insurance solutions for multinational clients with complex exposures.
• Collaborate with claims, actuarial, legal, compliance, engineering, and reinsurers to optimize performance.
• Monitor portfolio performance via loss ratios, rate adequacy, and catastrophe modeling.

Skills

Underwriting strategy

Portfolio management

Broker/Client relationship management

Risk assessment

Catastrophe modeling

Data-driven decision making

Leadership & mentorship

Regulatory compliance

Education

CPCU / ARM / AMIM certifications

Tools

Microsoft Excel

Reporting platforms (risk/underwriting)

Job description

Position Overview

We are seeking a highly experienced and strategic Executive Ocean Marine & Cargo Underwriter to lead underwriting initiatives across complex marine, cargo, and transportation portfolios. This role is responsible for driving profitable growth, managing underwriting performance, and developing long-term broker and client relationships while maintaining disciplined risk selection and underwriting excellence. The ideal candidate will possess advanced expertise in Ocean Marine, Cargo, Inland Marine, and Transportation underwriting, with the ability to evaluate complex global exposures, structure customized insurance solutions, and contribute to enterprise underwriting strategy.

Key Responsibilities:

• Lead underwriting strategy and portfolio management for Ocean Marine, Cargo, Inland Marine, and Transportation business.
• Independently underwrite complex new and renewal risks involving domestic and international cargo operations, marine liabilities, stock throughput, logistics, warehousing, and global supply chain exposures.
• Analyze financial statements, loss trends, operational controls, trade routes, commodity exposures, and catastrophe accumulations to determine pricing, coverage structure, and risk appetite alignment.
• Develop and maintain strong broker, client, and distribution partner relationships to support profitable growth and market expansion.
• Structure customized insurance solutions for multinational clients with complex marine and transportation exposures.
• Collaborate closely with claims, actuarial, legal, compliance, engineering, and reinsurance teams to optimize underwriting performance and portfolio profitability.
• Monitor portfolio performance through loss ratio analysis, rate adequacy reviews, catastrophe modeling, and executive reporting.
• Develop underwriting guidelines, authority frameworks, and strategic growth initiatives aligned with enterprise profitability objectives.
• Evaluate contractual risk transfer agreements, logistics operations, and international trade exposures to ensure appropriate underwriting controls.
• Lead underwriting audits and ensure compliance with regulatory standards, corporate governance, and underwriting best practices.
• Serve as a senior technical resource and mentor to underwriting teams, supporting talent development and underwriting consistency.
• Monitor market conditions, geopolitical developments, trade disruptions, and competitor activity to proactively adjust underwriting strategy and appetite.
• Support underwriting modernization initiatives, including workflow optimization, portfolio analytics, and data-driven underwriting decisions.

Qualifications and Experience:

• 10+ years of Commercial Marine Insurance Underwriting experience with advanced expertise in Ocean Marine, Cargo, Hull, Inland Marine, or Transportation underwriting.
• Strong technical knowledge of marine insurance coverage forms, international trade exposures, logistics operations, and global cargo transit risks.
• Demonstrated ability to manage underwriting profitability and maintain accountability for portfolio performance.
• Proven underwriting judgment involving complex domestic and multinational marine risks.
• Strong analytical, financial, and decision-making capabilities.
• Excellent communication, negotiation, and relationship management skills.
• Experience collaborating across underwriting, claims, legal, actuarial, engineering, compliance, and reinsurance functions.
• Ability to evaluate complex supply chain exposures and emerging transportation risks.
• Proficiency in underwriting analytics, portfolio management tools, Microsoft Excel, and reporting platforms.
• Professional designations such as CPCU, ARM, AMIM, or progress toward certification preferred.