Deputy Underwriter

Job description

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.

Extra information

Status

Open

Education Level

Secondary School

Location

City of London

Type of Contract

Full-time jobs

Published at

01-03-2026

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English