Underwriting Director

About the company

Steamship Mutual is a P\&I insurance company, with 250 employees worldwide. We have offices in London, Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan, Singapore and New York.

Overall Job Purpose:

Responsibility for underwriting performance of assigned team, staff management, motivation, and development. To provide underwriting, technical support, assist in the development and management of a profitable business according to the Company business plan.

Requirements Key Responsibilities:

• Responsibility for underwriting Members in the United States and Canada.


• To liaise closely with existing Members, prospective targets, and the broking community in advancing the Company aims.


• To handle and assign underwriting tasks in line with company procedures.


• To review contract wordings to ensure the terms are covered by the IG Pooling Agreement or such other reinsurance as may be in place.


• To operate effective risk management and credit controls


• To initiate loss prevention action where necessary.


• To manage the development of the business within assigned areas of responsibility and identify areas of additional service that will add value to the Member/Club relationship within agreed parameters of existing and potential business.


• To assist the Head of Underwriting in implementing underwriting strategy within the Syndicate, in forward planning operations and by making recommendations for future requirements.


• To provide effective communication of underwriting issues within the assigned underwriting team. To allocate monitoring and supervision of underwriting work to ensure that service levels are met.


• To ensure all members of the assigned underwriting team adhere to company wide operating procedures.


• To assist and help to develop team knowledge and skills – CPD.


• To conduct annual appraisals of direct reports (with Head of Underwriting for Syndicate)


• To produce Management Reports as required.


• To monitor and update underwriting procedures where necessary.


• To encourage and support an environment where a process of continuous improvement can flourish and foster the Company culture.


• To attend training and to develop relevant knowledge and skills.


• To travel as required.


• Representation at industry events and speaking requirements where necessary.


• To take on any responsibilities or tasks which are within the scope of personal skills and abilities whenever reasonably instructed.

• Proven Underwriting management experience gained from working at another P\&I Club and/or marine insurer, marine insurance broker or shipowner.


• The ability to mentor and inspire team members, including the ability to develop underwriting expertise, training, and development.


• Outstanding communication skills, including negotiating, presenting, and reporting (written and verbal)


• You will be a thought leader with the ability to acquire new business, develop existing business relationships both internally and externally.


• Be aware of current market issues, well\-connected and able to build relationships with brokers and Members

• Benefits What you will get:


• Joining our collaborative, supportive and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge.


• We offer great work life balance initiatives, including competitive hybrid working policy.


• Clear and transparent career pathway – offering you continued support with enhancing your skills and creating employment development opportunities.


• We offer free educational access to the Protection \& Indemnity Qualification, created by the International Group of P\&I Clubs.


• An attractive benefits package which includes private healthcare.


• We also provide competitive health subsidy, and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone’s mental and physical health.

Mutuality \- ensuring fairness amongst Club Members

Integrity \- upholding high ethical, legal, and regulatory standards

Safety and Sustainability \- contributing to safety of life at sea and the preservation of the environment.

Transparency \- building strong relationships based on trust and open communication.

Excellence \- enabling our people to realise their full potential as team members, industry experts, leaders, and managers.

Collaborative \- embracing flexibility, diversity, and inclusivity.

*\*\*Steamship Insurance Management Services Ltd is committed to providing a great service to all our members. We pride ourselves on offering a people\-centred culture that provides mutual respect and support for all our staff, and we welcome and encourage you to apply\*\**

This listing is from indeed. View original listing ↗