Underwriter - Marine & Energy Liability
- Compensation
- Not disclosed
- Location
- London, UK
- Work setup
- Not specified
- Seniority
- Not specified
- Employment
- Contract
- Experience
- Not specified
- Category
- Finance
- Posted
Skills
Must have
- A proven track record of profitable underwriting or broking performance.
- An excellent Market reputation in the Marine and Energy Liability market. Meaningful Broker and Client relationships and the ability to develop business from a variety of sources.
- Influential communication skills, and the ability to deal comfortably with different stakeholders at all levels of seniority.
- Demonstrable experience of managing risks appropriately, applying judgement and being prepared to own and take responsibility for your decisions.
- Experience in the use (and ideally the development) of online trading portals and/or other automated placement systems.
Full description
Overview
About us
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.
Role Purpose
Our Marine and Energy Liability team offer solutions to a broad spectrum of marine and energy clients. We insure many of the world’s largest energy companies, both upstream and downstream, whether E&P, Contractor or Utilities. We harness strong relationships in the marine sphere with all major brokers and underwrite a client base ranging from complex P&I reinsurers to US brown-water operators.
The key to success within this role will be a highly detailed and analytical underwriting approach, impactful relationship management and unparalleled sales skills. This is in addition to an excellent organisational skillset and the ability to think ahead and use initiative. You will need to thrive in a business development role and be able to demonstrate ownership of key senior broker/client relationships that lead to profitable business.
Key Responsibilities
- Underwrite the Marine and Energy Liability portfolio.
- Drive underwriting excellence across the Marine and Energy Liability book by ensuring adherence to risk appetite, lines setting, standards and guidelines, rating, and pricing adequacy.
- Ensure high-quality underwriting, appropriate exposure assessment, contractual terms and adherence to respective rules and guidelines.
- Provide a compelling and knowledgeable service offering to brokers and clients, making Starr a go-to Market for Marine and Energy Liability business. Lead and develop close relationships with our partner brokers.
- Own the development of our underwriting appetite, constantly analysing the portfolio and modifying appetite accordingly.
- Take responsibility for improving underwriting efficiency, particularly in terms of digitising placement process for homogenous risk groups.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements.
Qualifications, skills and experience
Essential
- A proven track record of profitable underwriting or broking performance.