About the Role
We are seeking an experienced Marine Energy & Liability Underwriter to join our growing London Market team. In this role, you will manage the profitability of your book by underwriting and processing new business, renewals, and mid-term adjustments, while monitoring rate adequacy. You will work with a diverse Marine Liability account, leveraging your London Market expertise to build broker relationships, shape business quality, and contribute to the growth of our Marine platform.
Responsibilities
- Contribute to the overall profitability, growth, and retention of the Line of Business.
- Ensure business is written in accordance with company policies, procedures, and controls.
- Adhere to Lloyds Underwriting Management Standards.
- Support the development of assigned Line of Business by researching target business and competitor information.
- Utilize appropriate systems for accurate data entry of quotes, risks, and endorsements.
- Gather data and prepare reports to support underwriting policies and standards.
- Monitor market factors and world affairs for new opportunities.
- Promote Travelers Line of Business and provide guidance on underwriting philosophy and procedures.
- Build strong partnerships with Agents, Brokers, and Customers.
- Provide guidance, mentoring, and coaching to others.
- Perform other duties as assigned.
Requirements
- Experience within the Lloyd's market, with a basic understanding of internal and external factors impacting the market.
- Underwriting experience.
- Ability to demonstrate emerging technical proficiency and application of knowledge commensurate with underwriting authority.
- Ability to make sound quoting and pricing decisions in the Company's best interests.
- Intermediate knowledge and ability in judgment, decision making, communication, and teamwork.
- Intermediate knowledge and experience in Relationship Management.
- Intermediate knowledge and experience in Analytical Thinking/Financial Acumen.
- Intermediate knowledge and experience in Product/Technical proficiency.
- Intermediate knowledge and experience in Business Perspective, using knowledge of internal and external factors impacting the Lloyd's Market.
- Expected to be studying towards ACII qualification.
- Previous Property and Casualty insurance experience in an underwriting, operational, or broker capacity.
- Secondary level education or equivalent.
Skills
- Judgment
- Decision making
- Communication
- Team work
- Relationship Management
- Analytical Thinking
- Financial Acumen
- Product/Technical proficiency
- Business Perspective
Location
- London Market
Work Type
- Full-time
- Hybrid
Experience Level
- Experienced
Education Level
- University Degree
- Secondary level education or equivalent
Benefits
- Private Medical Insurance (single cover provided, option to add dependents at expense)
- Retirement Pension Plan (core contribution with increased company contribution for employee contributions)
- Holiday Entitlement (minimum 25 days annually, option to purchase additional days up to 35)
- Wellness Programme (tools, discounts, resources, mental health program with free professional counseling)
- Volunteer Encouragement (Matching Gift and Volunteer Rewards program)
About the Company
- Taking care of our customers, our communities and each other is the Travelers Promise.
- We have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years.
- We offer a culture rooted in innovation and thriving on collaboration.
- Travelers has more than 30,000 employees in the United States, Canada, the United Kingdom, and Ireland.
- Our 10 Diversity Networks celebrate culture and communities.
- We have been recognized by organizations such as G.I. Jobs and Military Times.
- Our employees are valuable assets to their hometowns, volunteering for important causes each year.
Equal Opportunity
- Travelers is an equal opportunity employer.
- We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
- If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.
- Travelers reserves the right to fill this position at a level above or below the level included in this posting.
