Underwriting Analyst, Ocean Marine

Starr Insurance Companies; Los Angeles (CA); On-site; USD 70,000 - 85,000; Full time

Job summary

Starr Insurance Companies in California seeks an underwriter for Ocean Marine Cargo who can manage growth and profitability for an assigned book, including potential Hull/P&I and Marine Liabilities. You will build and maintain broker relationships and independently set terms and pricing while ensuring high-quality risk analysis and policy issuance.

The role requires 1-3 years of experience, strong knowledge of marine forms, and excellent communication.

Qualifications

• Experience in marine underwriting is required with knowledge of ocean cargo forms and terms.
• Strong broker management and producer relationships to grow profitability.
• Excellent verbal and written communication skills for stakeholder interaction.

Responsibilities

• Underwrite, grow, and maintain profitability for marine business including Ocean Marine Cargo.
• Develop and strengthen broker relationships to drive profit center growth and retention.
• Independently establish terms, conditions, and pricing within guidelines.
• Analyze coverages and issue policies and endorsements per service standards.
• Mentor less experienced staff on market conditions and risk analysis.

Skills

Marine underwriting

Broker relationship management

Analytical thinking

Communication skills

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

Responsibilities

• Responsible for underwriting, growth, and profitability of an assigned book of new and renewal marine business, focusing primarily on Ocean Marine Cargo, but potentially with ancillary Hull/P&I and Marine Liabilities as well.
• Develop and strengthen superior relationships with assigned, established brokers and build and maintain new broker relationships to foster profit center business growth, retention, and profitability goals.
• Independently establish proper terms, conditions, and pricing.
• Analyze coverages, issue policies and endorsements in accordance with established service standards.
• Assist with formal and informal underwriting training and mentoring to less experienced staff on market conditions, risk analysis, marketing, and producer management.

Qualifications

• 1-3 years of experience, with demonstrated levels of progressive responsibility and analytical skill.
• Strong knowledge of marine forms, terms and conditions.
• Strong producer management and production skills with an understanding of the profit center’s business objectives.
• Excellent verbal, written and interpersonal communication skills.

For individuals assigned and/or hired to work in California, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets: experience and training: licensure and certifications: and other business and organizational needs. A reasonable estimate of the current range is $70,000-$85,000 #LI-SB1

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people. Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace.

Join us and become part of our talented and passionate workforce.

https://starr.com/About/Careers