Underwriter - Marine Cargo

Job description

We are seeking to a hire a Marine Cargo underwriter to join our Lloyd's team. This role iworks under broad supervision, responsible for underwriting risks in a Marine Cargo book of business. Works within limited authority on assignments of moderate technical complexity. Utilises underwriting policies and guidelines, rating manual rules and insurance laws and regulations. Key Responsibilities: Reviews applications and financial requirements for risks requiring technical underwriting skills. Determines acceptability of risk in accordance with company guidelines and standards. - Recommends appropriate pricing and coverage modifications or enhancements for risks after complete analysis and consideration of applicant documentation, business factors and competitive situations. - Prepares quotations and answers questions from Brokers, internal and external contacts and escalates issues as necessary. - Prepares written communications on adverse underwriting decisions, rate appeals, underwriting requirements, status and declinations. Verbally notifies Brokers of decisions where appropriate in order to ensure clear understanding of the decision. - Analyses quality, quantity, and profitabilit...