Company Overview
We are a globally recognised marine insurer, providing Protection and Indemnity (P&I) cover to a diverse portfolio of shipowners and charterers. As a key member of the International Group of P&I Clubs, we provide tailored insurance covers to our international membership. Operating from offices in London, Hong Kong, Piraeus, Cyprus and Shanghai, we pride ourselves on delivering flexible, member-focused insurance solutions that meet the unique needs of the global shipping community. Our London headquarters serve as the hub for our operations, where we foster a collaborative and dynamic environment within a regulated framework, adhering to both financial and insurance regulatory standards.
The Opportunity
We are seeking a Deputy Underwriter to join our busy team based in London. This role offers a hybrid working arrangement.
Key Responsibilities
- Support underwriters in the assessment and evaluation of new business opportunities presented to the Association.
- Conduct due diligence checks on new and existing business in accordance with established underwriting guidelines.
- Assist in the evaluation and quotation process for new business and additions to existing portfolios.
- Participate in market engagement activities with Members, Assureds and brokers to support business development initiatives.
- Travel with underwriters to domestic and international markets as required for business development and relationship‑building.
- Prepare ship and renewal documentation for underwriter approval prior to entry into underwriting systems.
- Update and maintain underwriting system data to ensure accuracy of vessel details (e.g., name, flag, tonnage).
- Assist in the preparation and issuance of accounting documentation.
- Perform daily checks to verify system inputs from the previous day have been entered accurately.
- Support the annual production of Member and Assured account statements, including verification of accounting balances.
- Process laid‑up return applications as required.
- Review and encode application forms for new vessels and updates to underwriting data.
- Respond to account‑related queries raised by Members, Assureds, and brokers.
- Assist in preparing documentation for underwriters and issuing policy documentation following renewal, new entries, or amendments.
- Support the production of oil pollution documentation for CLC, USCG and ITOPF certification.
- Assist in producing Letters of Undertaking for mortgagee banks and provide annual renewal confirmations.
- Undertake additional administrative and clerical duties as assigned.
Person Specification
Personal Skills & Competencies
Judgment:
A strong understanding of mutual risk and the ability to evaluate business in line with the Association’s underwriting guidelines.
Teamwork:
A collaborative approach with an appreciation of how the Association and the wider insurance market operate.
Communication & Presentation:
Ability to represent the Association professionally to Members, prospective Members and brokers.
Market Intelligence:
Capability to gather and interpret market intelligence efficiently through a developed network of contacts.
Education & Experience
- Degree‑level education.
- 1–2 years of relevant experience.
Technical Skills
- Strong IT proficiency with the ability to work effectively with underwriting systems.
Other Requirements
- Willingness to attend events outside standard working hours.
- Availability for international travel.
Role Objectives
- Ensure a consistent and disciplined approach to underwriting.
- Maintain an active market presence and strengthen business relationships.
- Manage and develop allocated accounts while contributing to new business growth.
- Maintain regular engagement with Members, prospective Members and brokers.
- Develop a thorough understanding of underwriting processes and internal operational requirements.
Salary Dependant on experience.