Senior Marine Cargo Underwriter

Placements24; South Africa; Remote; ZAR 900,000 - 1,500,000; Full time

Benefits offered by this job

Fully remote work

Competitive salary

Job summary

Placements24 in South Africa is seeking a seasoned Senior Marine Cargo Underwriter to lead and grow a marine cargo book. Based remotely, you will assess risks, craft coverage terms, and price appropriately while building strong broker and client relationships.

The ideal candidate has 8+ years in marine cargo underwriting, deep knowledge of international trade and logistics, and the ability to work independently from anywhere.

Qualifications

• Minimum 8 years in marine cargo underwriting.
• Proven profitable portfolio management.
• Deep knowledge of international trade, shipping and logistics.
• Strong analytical, negotiation and decision-making skills.
• Excellent communication and interpersonal abilities.
• Ability to work remotely and independently.
• Desirable: DIP Cii/Marine Specialization.
• Experience with underwriting support systems.

Responsibilities

• Underwrite complex marine cargo risks and set terms, pricing.
• Develop and maintain profitable broker/client relationships.
• Analyze market trends, competitors, and regulatory changes.
• Refine underwriting strategies and guidelines.
• Collaborate with claims to inform decisions.
• Provide technical underwriting support to teams.
• Monitor portfolio performance and identify growth opportunities.
• Ensure compliance with underwriting policies and regulatory requirements.
• Represent the company at industry events.

Skills

Marine cargo underwriting

Underwriting

Risk assessment

Portfolio management

Negotiation

Market analysis

Regulatory compliance

Client relations

Remote work readiness

Communication

Education

DIP Cii/Marine Specialization

Tools

Underwriting software

Job description

Senior Marine Cargo Underwriter

Our client, a leading specialist insurer, is seeking a highly experienced Senior Marine Cargo Underwriter to join their esteemed team. This role is critical for managing and growing the marine cargo book of business, ensuring profitable underwriting decisions. While based in Richards Bay, KwaZulu-Natal, this position offers a fully remote work arrangement, allowing for flexibility and access to talent globally. You will be responsible for assessing risks associated with the transportation of goods, developing appropriate coverage terms, and building strong relationships with brokers and clients. The ideal candidate will possess extensive knowledge of marine insurance, excellent analytical skills, and a commitment to maintaining underwriting integrity and profitability. This is a significant opportunity for a seasoned professional to make a substantial impact from anywhere, contributing to our client's strategic objectives.

About the Role

• Our client, a leading specialist insurer, is seeking a highly experienced Senior Marine Cargo Underwriter to join their esteemed team. This role is critical for managing and growing the marine cargo book of business, ensuring profitable underwriting decisions. While based in Richards Bay, KwaZulu-Natal, this position offers a fully remote work arrangement, allowing for flexibility and access to talent globally. You will be responsible for assessing risks associated with the transportation of goods, developing appropriate coverage terms, and building strong relationships with brokers and clients. The ideal candidate will possess extensive knowledge of marine insurance, excellent analytical skills, and a commitment to maintaining underwriting integrity and profitability. This is a significant opportunity for a seasoned professional to make a substantial impact from anywhere, contributing to our client's strategic objectives.
• Underwrite complex marine cargo insurance risks, assessing exposure and determining appropriate terms, conditions, and pricing.
• Develop and maintain strong, profitable relationships with key brokers and clients.
• Analyze market trends, competitor activities, and regulatory changes impacting the marine cargo insurance sector.
• Contribute to the development and refinement of underwriting strategies and guidelines.
• Collaborate with the claims department to understand loss trends and inform underwriting decisions.
• Provide technical underwriting support and guidance to internal teams and external partners.
• Monitor the performance of the marine cargo portfolio, identifying opportunities for growth and areas of concern.
• Ensure compliance with all relevant underwriting policies, procedures, and regulatory requirements.
• Participate in market development initiatives and represent the company at industry events.

Requirements

• A minimum of 8 years of dedicated experience in marine cargo underwriting.
• Proven track record of successfully underwriting and managing a profitable marine cargo portfolio.
• In-depth knowledge of international trade, shipping, and logistics, as they relate to cargo insurance.
• Strong understanding of various cargo types, transportation methods, and associated risks.
• Excellent analytical, negotiation, and decision-making skills.
• Exceptional communication and interpersonal abilities, with the capacity to build rapport with diverse stakeholders.
• Ability to work independently and manage a remote workload effectively.
• Relevant professional qualifications in marine insurance (e.g., DIP Cii/Marine Specialization) are highly desirable.
• Proficiency in using underwriting support systems and relevant software.

Benefits

Our client offers a highly competitive salary commensurate with experience, along with a