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Mission Underwriting Managers

Capital, technology, and operations for underwriting

Senior Underwriter - Marine

UnderwritingUpdated on Nov 13
Full-timeRemote in UK

About the Job

Requirements

  • At least 5 years of experience in marine hull underwriting, with a demonstrable track record of building and underwriting a profitable book.
  • Established London Market broker relationships and a credible, recognised market presence.
  • Strong technical capability in risk assessment, pricing, and policy structuring, including the ability to design and implement robust policy wordings for the UK and EU market.
  • Experience working within a delegated authority framework, such as an MGA, coverholder, or similar.

Responsibilities

  • Establish Seafarer Marine Limited's presence in the UK and EU market and build the broker distribution network from the ground up.
  • Drive new business acquisition and retention of existing relationships, negotiating participation, pricing, and terms and conditions directly with brokers.
  • Represent Seafarer Marine at broker meetings, marine industry events, and client engagements as a visible representative in the London Market.
  • Build and maintain relationships with London Market wholesale brokers and their retail networks, expanding distribution beyond existing channels.
  • Act as the primary market-facing representative of Seafarer Marine Limited in the UK and EU, building the brand and reputation and taking ownership of commercial performance.
  • Underwrite new and renewal yacht and marine hull risks to meet top- and bottom-line targets, ensuring disciplined risk selection and pricing adequacy.
  • Conduct risk assessments of standard and complex submissions, apply specialist technical expertise, and manage referrals within agreed authority.
  • Monitor portfolio performance by analysing loss ratios, submission quality, and cycle trends, and take steps to optimise the book.
  • Manage capacity across the portfolio and maintain appropriate participation levels and terms.
  • Maintain current knowledge of market conditions, emerging risks, legal developments, and competitor activity across the UK and European marine market.
  • Underwrite in line with the delegated authority framework, underwriting guidelines, and regulatory requirements.
  • Apply rating tools and pricing frameworks consistently, maintaining accurate file records and a clear audit trail for risks and transactions.
  • Contribute to UK and EU policy wordings and endorsements, adapting US-origin documentation for the local regulatory environment.

Desired Qualifications

  • Experience across additional marine classes, such as commercial vessels or charter boats, and familiarity with Lloyd's Market reporting and bordereaux production would be advantageous.
  • CII qualification or equivalent is preferred.
  • Experience building a profitable book from scratch, ideally within an MGA or managing agency environment, with a portable portfolio of business and broker relationships.
  • Ability to operate autonomously in a lean, entrepreneurial environment, with commercial drive and ambition to help build a marine MGA.
  • Leadership ambition to take ownership of the marine proposition and act as its lead voice in the UK and EU market.
  • Good understanding of the UK and EU marine insurance legal and regulatory framework, including FCA requirements relevant to wholesale marine business.

About the Company

Mission Underwriting Managers

Capital, technology, and operations for underwriting

Mission Underwriting Managers helps people start their own insurance program by providing capital, access to paper and reinsurance, and a turnkey technology and operations platform. It offers non-recourse capital to qualified underwriters with an equity upside, while handling governance, compliance, accounting, HR, and back-office tasks so clients can focus on underwriting and distribution. The platform speeds market entry by managing policy administration, regulatory filings, risk management, and administration, plus a panel of issuing carriers and reinsurers to reduce sourcing stress. Its goal is to enable qualified underwriters to launch and grow independent programs quickly and with scalable resources, while minimizing risk.

Company size
51-200
Company stage
Not listed
Total funding
Not listed
Headquarters
Arizona, United States
Founded
Not listed

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