Position Overview
We are seeking an experienced Senior Underwriter specializing in Hull & Machinery (H&M) and Protection & Indemnity (P&I) risks. The successful candidate will be responsible for underwriting complex marine risks, managing key market relationships, and achieving profitable portfolio growth.
Key Responsibilities
- Underwrite new business and renewal accounts for H&M and P&I risks.
- Assess vessel exposures, ownership structure, trading operations, claims history, and risk information.
- Determine appropriate underwriting terms, conditions, deductibles, and pricing.
- Manage complex vessel and fleet portfolios across international markets.
- Develop and maintain strong relationships with brokers, shipowners, operators, and cedants.
- Negotiate renewals and new business opportunities to achieve underwriting objectives.
- Monitor portfolio performance, profitability, and risk accumulation.
- Work closely with claims, loss prevention, and reinsurance functions.
- Provide technical guidance and support to underwriting colleagues.
- Contribute to underwriting strategy and business development initiatives.
Requirements
- Minimum 15 years of marine underwriting experience.
- Strong technical expertise in Hull & Machinery and Protection & Indemnity underwriting.
- Proven experience handling complex vessel and fleet accounts.
- Strong knowledge of international shipping operations and marine insurance markets.
- Excellent risk assessment, negotiation, and portfolio management skills.
- Established relationships with marine brokers, shipowners, operators, and cedants.
- Strong commercial judgement and track record of profitable underwriting performance.
- Bachelor's degree in Marine Engineering, Naval Architecture, Maritime Studies, Insurance, Business Administration, Finance, or related discipline preferred.
- Professional insurance qualifications such as ACII, ANZIIF, CPCU, or equivalent are advantageous.
- Experience with Builders All Risks (BAR) and Ship Repairers Liability (SRL) is an advantage.
Ideal Candidate Profile
A senior marine underwriting professional with over 15 years of experience in H&M and P&I risks, strong market expertise, and the ability to manage complex accounts while delivering sustainable underwriting results.
