Senior Cargo & Freight Underwriter

American Modern; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global insurance company is seeking an Underwriter in Manchester to manage a profitable portfolio. The role requires extensive knowledge in Marine Trade and involves developing strong relationships with clients and stakeholders while ensuring efficient case handling and business development.

Benefits

Critical illness insurance

Life assurance

Permanent health insurance

Wellbeing and development schemes

Electric vehicle salary sacrifice scheme

Support for professional development

Qualifications

• Extensive underwriting knowledge in Marine Trade required.
• Understanding of the company's trading strategy is essential.
• Ability to build strong internal and external relationships.

Responsibilities

• Handling end-to-end cases for the allocated portfolio with intermediaries/customers.
• Making effective on-site decisions to ensure efficient work completion.
• Identifying and closing business opportunities.

Skills

Underwriting knowledge in Marine Trade

Technical underwriting principles

Ability to interpret management information

Knowledge of the local market

Relationship management

Job description

About us

At Munich Re Specialty – Global Markets (MRS-GM), our ambition is to become the leading Primary Specialty Insurance provider through an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment.

Our success is driven by a strong culture where people are encouraged to be present, bold, and curious, enabling them to achieve their individual goals.

We are currently seeking a full-time Underwriter based in our Manchester office, reporting to the Underwriter & Team Leader.

The role involves achieving and maintaining a profitable, well-balanced, and growing portfolio with allocated intermediaries and customers to meet the company's long-term trading objectives.

You will provide technical underwriting expertise and guidance to less experienced staff.

Responsibilities:

• Handling end-to-end cases for the allocated portfolio, working with intermediaries/customers to implement joint business development plans aligned with the company’s trading strategy.
• Making effective on-site decisions within delegated authority to ensure efficient work completion.
• Developing strong relationships with intermediaries, balancing their needs with the company’s trading objectives to foster profitable growth.
• Planning and organizing your work to help the team meet customer service and credit control targets.
• Identifying and closing business opportunities, collaborating with team members to ensure swift and effective business proposals.
• Serving as a reference point for issues related to intermediaries/customers or less experienced staff, ensuring high-quality customer service.
• Maintaining a balanced, high-quality portfolio by effectively utilizing gathered information.
• Performing other duties as directed within the scope of the role.

Knowledge and Skills

• Extensive underwriting knowledge in Marine Trade.
• Understanding of technical underwriting principles and the company's trading strategy.
• Ability to interpret and utilize management information effectively.
• Knowledge of the local market.
• Internal relationships with executive management, team members, underwriters, claims department, and syndicates.
• External relationships with contacts within intermediaries and customers.

Diversity, Equity & Inclusion

At Munich Re, DEI fosters innovation and resilience, enabling us to act bravely and effectively. We are committed to building a diverse workforce that values racial, ethnic, sexual, gender identities, economic and geographic backgrounds, physical abilities, ages, experiences, and beliefs. We strive to create an equitable and inclusive environment where diversity is celebrated and every individual has the opportunity to succeed.

Candidates can request reasonable adjustments at any stage of the recruitment process by contacting their Talent Acquisition representative.

Our commitment to sustainability and development

Our ESG strategy emphasizes seizing business opportunities and fostering an inclusive, stimulating work environment. We support local initiatives and volunteer opportunities for colleagues, focusing on environmental, social, and governance impacts.

• Critical illness insurance, life assurance, and permanent health insurance
• Wellbeing and development schemes, EAP, health assessments (subject to eligibility)
• Electric vehicle salary sacrifice scheme
• Support for professional development and continuing education