Underwriter - Marine Hull and War

Time Type:

Full time

Working Pattern:

Onsite

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• Purpose of the Role

As one of the most profitable syndicates at Lloyd’s over the past decade, AEGIS London are seeking to recruit a high-performing underwriter to join an accomplished Marine Hull & Marine War team. With a portfolio that is diverse, largely facultative and significantly weighted towards War risks. Suitable candidates would have experience in supporting a senior underwriter in managing a book of business, assisting in setting class strategy and shaping underwriting appetite. Technical knowledge is vital as well as an eye for detail and accuracy. Well developed market relationships and reputation are vital for success in this position.

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• Duties and Accountabilities

• •Underwrite the Hull & War account on behalf of Syndicate 1225 diligently, thoughtfully, and responsibly and in accordance with personal underwriting authorities and the Syndicate’s underwriting procedures, referring risks to the Class Underwriter, Head of Department or Active Underwriter when or if required.
• •Assist in delivering the required business mix, planned premium income and ULRs as agreed within the syndicate business plan (SBF), and contribute new ideas and concepts, where appropriate, to support said delivery of plan.
• •Monitor binders, facilities and lineslips for declarations, premium income and aggregates, including the undertaking of referrals and reviews when applicable.
• •Assist with the preparation of data for Consortium and Outwards Reinsurance reporting and prepare in-depth analysis of binding authorities when required.
• •Establish, maintain and service strong client and producer relationships, ensuring that the service provided to brokers, coverholders and policyholders is of the highest standard.
• •Ensure entries are properly recorded onto relevant internal systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregated line exposures.
• •Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance.
• •Undertake business travel when appropriate to cultivate and maintain business relationships.
• •Complete other duties as directed, including project work, the development of new products, and mentoring of the Assistant Underwriter and/or Underwriting Assistant.

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• Skills, Knowledge and Experience

The successful candidate will have:

• •A thorough working knowledge and underwriting experience of the Marine Hull & War market, including detailed comprehension of policy wordings, coverages, premium rates and risk factors.
• •Knowledge & understanding of the Geopolitical issues that are driving the War market and how they interact with the shipowner client base.
• •A proactive and entrepreneurial approach.
• •Strong technical knowledge & analytical skills.
• •The ability to work collegiately as part of a team, as well as individually when required.
• •Excellent presentation and communication skills, with an ability to forge and maintain long-term relationships with key stakeholders.
• •Strong organisational and planning skills, including the ability to prioritise and manage time effectively.
• •Proficient in the knowledge and use of standard underwriting systems, process and procedure.
• •Intermediate to Advanced level understanding of relevant software, including Excel and other departmental software packages.
• •Preferably ACII qualified or making progress towards ACII.

AEGIS Values

Fairness and respect

We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.

Open and inclusive

We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.

Ambitious

We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.

Striving to be better

We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.

Investing in people’s potential

We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.

AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.

It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on +44(0)20 7856 7856 or email recruitment@aegislondon.co.uk

As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential