Marine Cargo Underwriter

Revau Advanced Underwriting, Inc.

$70K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in Marine Cargo Insurance
  • Insurance diploma is a plus
  • Strong relationship-building abilities with brokers
  • Excellent analytical and negotiation skills
  • Ability to adapt to changing information
  • Strong communication and service orientation
  • Proficient in MS Office; experience with Lotus Notes is a plus

Responsibilities

  • Liaise with brokers to negotiate insurance rates, terms, and conditions
  • Develop, underwrite, and service new business according to program guidelines
  • Build relationships with brokers through exceptional service and visits
  • Represent Revau at industry events when required
  • Collaborate with colleagues on current and future business opportunities
  • Review and ensure compliance of policies and standards with underwriting requirements
  • Mentor Junior Underwriters on compliance with policies and contracts
  • Approve endorsements and pricing per program guidelines

Benefits

  • Office available in Toronto, flexible based on location
  • Hybrid work model to promote work-life balance
  • Comprehensive group insurance and Health Spending Account
  • Retirement program with employer contributions
  • Wellness account to support employee well-being
  • 7 personal days plus birthday leave
  • Performance-based bonus program
  • Ongoing course reimbursement for professional development
Full Job Description
Join Revau - Marine Cargo Underwriter

Role Overview

Reporting to the Director, the Marine Cargo Underwriter will assess and underwrite risks submitted by brokers, ensuring high-quality risk selection to achieve optimal profitability. This role involves determining terms and pricing, leveraging team expertise when needed, and justifying decisions-including risk rejections-clearly and professionally.

Key Responsibilities

New Business
  • Liaise with brokers to negotiate and determine insurance rates, terms, and conditions
  • Develop, underwrite, and service new business in line with program guidelines
  • Build strong relationships with brokers through exceptional service and regular marketing visits
  • Represent Revau at industry events, as required


Renewals
  • Collaborate with colleagues on current and future opportunities
  • Review policies, wordings, and standards to ensure compliance with programs
  • Confirm underwriting standards align with contracts and program needs
  • Mentor Junior Underwriters on policy and contract compliance


Endorsements & Policy Changes
  • Approve requested endorsements and pricing according to program guidelines
  • Authorize policy cancellations when necessary


Profile / Requirements
  • 5-7 years of experience in Marine Cargo Insurance
  • Insurance diploma is an asset
  • Strong relationship-building skills with brokers and colleagues
  • Excellent analytical, decision-making, and negotiation skills
  • Ability to synthesize complex information and adapt to change
  • Strong communication and service orientation
  • Proficiency in MS Office; Lotus Notes experience is a plus


Benefits
  • Office available in Toronto (depending on location)
  • Hybrid work model for work-life balance
  • Group insurance, Health Spending Account, Employee & Family Assistance Program, Telemedicine
  • Retirement program with employer contributions
  • Wellness account
  • 7 personal days + birthday leave
  • Bonus program
  • Ongoing course reimbursement program

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