About usThe Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at www.fidelispartnership.com/The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.Role OverviewReporting to the Head of Marine, the primary purpose of the role is to assist in the performance of the Marine Cargo underwriting portfolio by underwriting new and renewal accounts. This includes analysing and maintaining the accuracy of all (re)insurance submission data, policies, and records with the ultimate goal of ensuring that Fidelis interests are properly managed and protected. Role ResponsibilitiesParticipate in the underwriting process, evaluation and presentation of submissions, analysing and interpreting exposures, determining coverage and contract languageAssist and work with risk modeling and pricing toolsOriginate, leverage, build and maintain broker and client relationshipsMonitor market developments and remain current regarding knowledge of all relevant classes of business, and legislated and regulatory changes / requirementsEnsure accuracy and integrity of underwriting data in group underwriting systemsPrepare and issue quotes on an accurate and timely basis Supervising and/or mentoring junior members of the team Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors and regulators as required Assist with strategic initiatives as needed to promote business growth Skills & ExperienceBachelors degree, preferableMinimum of 3 years experience in a broking or underwriting capacity in the relevant line of business Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetingsProficient understanding of the International underwriting marketplaceExcellent analytical skills (testing may be required), with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principlesProven negotiator, with demonstrated ability to attract new business and retain clientsThe Fidelis Partnership EthosOur culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.Results We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.Innovate We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.Include We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contributionUnite We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.Respond We work in a business exposed to sudden shocks and changes elemental, political, economic and human so we remain nimble and ready for change.Diversity, Equality & InclusionOur vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.
Job Title
Marine Cargo Underwriter