About the Role
We are seeking an experienced Marine Underwriter to join our growing underwriting team. The ideal candidate will bring experience in wet marine underwriting, specializing in high-value private pleasure yachts. This is a remote position, offering flexibility while requiring strong collaboration with a distributed team of underwriting professionals.
Key Responsibilities
-Underwrite a diverse portfolio of wet marine risks, including
- Private pleasure yachts with hull values up to $50,000,000and policy limits up to $ 15,000,000
- Proportional Protection & Indemnity (P&I) sublimits
- Ability to expand responsibilities into commercial marine.
- Exercise full carrier underwriting authority with independent decision-making
- Interpret and draft manuscript endorsements reflecting insured special needs
-Prioritize recommendations presented in out-of-water marine surveys
-Ensure compliance with U.S. And international insurance regulations and market practices
-Collaborate remotely with other underwriters and support staff
-Identify and broker risks that fall outside of carrier guidelines to appropriate market partners
-Occasionally broker non-wet marine risks to other relevant markets
-Maintain and leverage strong market relationships and distribution networks
Qualifications
- Minimum of 5 years of direct marine underwriting experience with carrier authority
- In-depth knowledge of marine insurance wordings, particularly for high-value pleasure crafts, with willingness to expand responsibilities to commercial risks
- Familiarity with U.S. And international insurance standards
- Proven ability to evaluate marine survey reports and assess risk condition/urgency
- Experience working independently in a remote, collaborative environment
- Strong brokering capabilities and market navigation skills
- Professional credentials (e.g., AMIM, CPCU, etc.) are a positive attribute
Ideal Candidate Will Have
- A deep understanding of both domestic markets and some knowledge of international marine markets
- A proactive, solution-oriented mindset
- Strong written and verbal communication skills
- An ability to work autonomously and manage multiple complex risks efficiently