We are looking for a candidate with a passion for Yachts! This is a great role for a Yacht Underwriter or an Assistant / Deputy Underwriter looking to take a step up. To work for one of the leading P&I clubs, to underwrite the Club’s business providing a liability solution to cover the operational needs of our members:
Role Responsibilities:
- To ensure the correct assessment of risk in accordance with the underwriting guidelines set out in the Underwriting Procedures Manual.
- To fully adhere to the Underwriting Procedures Manual and all processes therein.
- To ensure that high levels of service to Members and brokers are achieved and maintained, including prompt and accurate issue of Members’ documentation.
- To develop and maintain relationships with Members and Brokers to ensure the retention and development of the portfolio for the mutual benefit of the Club.
- To identify, attract and develop new business opportunities that are of mutual benefit to the Association.
- To continually monitor and analyse the performance of business within the portfolio, highlighting and addressing areas of concern that require action.
- To ensure all outstanding premium is paid prior to binding of renewals in conjunction with the finance team.
- Responsible for approving and ensuring the correct issuance of blue cards.
- To share knowledge, information and experience across the Underwriting team.
- To develop the skills and knowledge required for the effective performance of the role by participating in and actively contributing to training and development activities.
- To ensure sanctions screening has been undertaken on Members, other named parties and all vessels.
- To complete a minimum 15 hours Continuous Professional Development Annually.
Experience Required:
- Previous experience in an Underwriting role, with experience in Yachts or experience in Yacht broking.
- Skilled negotiator and service orientated.
- Proven experience of business development and broker/underwriter liaison.
- Analytical skills, with excellent report writing ability.
Sector:
- General Insurance
