Senior Marine Underwriter (Commercial Marine Liability)

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Full Remote
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Offer summary

Qualifications:

Bachelor's degree and six plus years of commercial marine underwriting experience or equivalent education and experience., Proficiency in technical underwriting, including exposure identification and coverage evaluation., Demonstrated success in commercial lines property casualty insurance businesses., Basic proficiency with Windows-based computer programs, including Word and Excel..

Key responsabilities:

  • Partner with agents and brokers to provide tailored coverage for marine liabilities and hull/protection indemnity.
  • Manage an assigned underwriting territory to achieve profitable growth through new business and renewals.
  • Evaluate new and renewal account information to determine risk acceptability and pricing.
  • Document underwriting files and provide detailed issuance instructions to ensure policy compliance.

One80 Intermediaries logo
One80 Intermediaries Insurance Large https://www.one80intermediaries.com/
1001 - 5000 Employees
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Job description

We're seeking a Senior Ocean Marine Underwriting Expert to join our team. In this role, you'll partner with agents and brokers to provide tailored coverage for businesses in marine liabilities, & hull/protection indemnity. You will manage an assigned underwriting territory to achieve profitable growth, including underwriting new business, renewals, endorsements and other transactions. Identify new business opportunities and manage agency relationships.


Your Impact:

  • Develop relationships and educate agents within agency plant to maximize opportunities and achieve profitable growth
  • Initiate outbound calls to agencies to identify sales opportunities and collect agent intelligence
  • Achieve new business premium, renewal premium retention and rate change objectives
  • Within company guidelines and granted underwriting authority, evaluate new and renewal account information to determine risk acceptability, terms / conditions to be quoted, and pricing
  • Make sound risk and pricing decisions that achieve profitable loss ratios
  • Document underwriting file to support acceptability and pricing in accordance with company guidelines
  • Provide detailed issuance instructions to ensure policy is delivered consistent with quoted terms and conditions and in accordance with established guidelines relative to policy construction
  • Review mid-term endorsement requests for acceptability and provide instructions for processing
  • Order and review inspections to confirm accounts written are consistent with preliminary underwriting information and takes action when the inspection reveals unacceptable risk characteristics
  • Determine if facultative reinsurance is needed and if so, factor reinsurance cost in gross pricing, complete cession procedures; documentation file, and follow established workflow procedure to ensure proper reporting / accounting.


Successful Candidates Will Have:

  • Bachelor's degree and six plus years of commercial marine underwriting experience; or equivalent combination of education and experience
  • Proficiency with technical underwriting, including exposure identification, coverage evaluation, understand and applying appropriate risk / rate relationships, and file documentation in support of underwriting decisions
  • Demonstrated success in commercial lines property casualty insurance businesses
  • Basic proficiency with computer programs in a Windows environment, including Word, Excel and E-mail is required
  • Experience working with independent agents is preferred
  • Advanced professional insurance coursework (i.e., CPCU, ASLI, and AU) or completion of other-insurance related classes is preferred


One80 Marine is a specialty insurance program company, with 30+ years of in-house underwriting experience. On land or on the water, in recreational or commercial activities, we are the right choice for independent agents and brokers who need access to Marine Insurance expertise and solutions. The One80 Marine model provides brokers with comprehensive packaged solutions, top-quality coverage, and unsurpassed service. We are aligned with the best carriers in the industry and we have the most underwriting experience in our segments.


One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2024, we were ranked 14th largest broker in the U.S. by Business Insurance.

Required profile

Experience

Industry :
Insurance
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Communication
  • Sales Acumen
  • Computer Literacy
  • Relationship Management
  • Problem Solving

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