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Marine Underwriter

Marine Underwriter

CompanyCore Specialty
LocationNew York, NY, USA
Salary$90000 – $120000
TypeFull-Time
DegreesBachelor’s
Experience LevelMid Level

Requirements

  • 3+ years’ experience in Marine Underwriting
  • Bachelor’s degree preferred
  • Minimum of high school diploma or equivalent
  • Strong understanding of the different lines of business in the Marine space
  • Working relationships within the Marine broker market
  • Strong understanding of the different policy forms for each line of business
  • Proficiency with Microsoft Excel

Responsibilities

  • Marketing, producing accounts
  • Understanding Marine and Energy exposures
  • Knowing how to price accounts and the policy forms to use
  • Writing business within the reinsurance guidelines
  • Assisting with a brokerage operation
  • Traveling more to market
  • Maintaining a strong working relationship with the broker market
  • Understanding the lines of business, forms, and pricing the exposures written
  • Controlling and monitoring the aggregation of exposures
  • Analyzing risks
  • Setting proper terms and conditions including pricing to make an underwriting profit
  • Never exceeding the aggregation limits set by management
  • Working within the parameters of the reinsurance treaty
  • Undertaking other duties as reasonably required by the Company

Preferred Qualifications

    No preferred qualifications provided.