Senior Underwriter

Starr Insurance Companies • $90K — $130K *

New York, NY 10025In-Person

Finance & Insurance

5 - 7 years of experience

Reposted Today

Be an Early Applicant

By clicking Apply, I agree with Ladders' Terms of Use and Privacy Policy

Job Overview by Ladders

Qualifications

5-10 years of marine production underwriting experience, demonstrating progressive responsibility and analytical skills.
Bachelor's degree or equivalent business experience preferred.
Strong knowledge of Ocean Marine forms, terms, and conditions.
Proficient in producer management with insight into profit center objectives.
Excellent verbal, written, and interpersonal communication skills.

Responsibilities

Manage and oversee a significant book of business focused on ocean marine accounts, ensuring profitability and performance.
Evaluate and underwrite risks for ocean marine insurance, analyzing data to determine insurability and terms.
Price and quote policies, developing premiums and conditions aligned with market conditions and company guidelines.
Negotiate terms with brokers and clients, balancing risk with business goals for complex accounts.
Build and maintain strong relationships with agents, brokers, and clients to drive new business and manage existing accounts.
Support business development by identifying new opportunities and collaborating on strategic objectives.
Monitor portfolio performance and market trends, providing input on underwriting strategies.
Mentor junior team members through guidance and training on complex risks and decision-making.

Benefits

First-class training and development opportunities.
Commitment to diversity and inclusion in the workplace.
Opportunities for career advancement and growth.
Creating an inclusive environment where all employees are valued.

Full Job Description

Responsibilities:

Manage and oversee a significant book of business: Take full accountability for the profitability, growth, retention, and overall performance of an assigned portfolio of ocean marine accounts (Cargo, Hull & Machinery, Marine Liabilities). Monitor key metrics like loss ratios, rate adequacy, premium volume, and portfolio health; make strategic renewal, non-renewal, or modification decisions.
Evaluate and underwrite risk: Assess applications for ocean marine insurance (including cargo, hull and machinery, marine liabilities and related coverages) by analyzing risk factors and other data to determine insurability and appropriate terms.
Price and quote policies: Develop pricing, premiums, deductibles, limits, and policy terms/conditions using sound underwriting judgement, market conditions, company guidelines, and personal underwriting authority level to ensure profitability.
Negotiate terms: Skillfully negotiate coverage, rates, and conditions with brokers, agents, insureds, or customers on complex accounts to achieve favorable outcomes while balancing risk and business goals.
Build and maintain relationships: Cultivate strong, long-term partnerships with key agents, brokers, and clients; serve as a primary point of contact for major accounts; drive new business production through proactive marketing, relationship management, and identifying cross-sell or expansion opportunities.
Support business development: Contribute to production goals by identifying opportunities, underwriting new business efficiently, and collaborating on strategic objectives.
Monitor and report: Track loss activity, rate adequacy, market trends, and portfolio performance; provide input on underwriting strategies or improvements.
Meets all file documentation standards, comply with underwriting and authority level standards and pass all audits (both internal and external).
Mentor and support junior team members: Provide guidance, training, or oversight to less experienced underwriters; assist in complex risk discussion, decision making, or deal structuring.

Skills/Experience Required:

5-10 years of marine production underwriting experience, with demonstrated levels of progressive responsibility and analytical skill.
Bachelor's degree or equivalent business experience preferable

Strong knowledge of Ocean Marine forms, terms and conditions.

Strong producer management and production skills with an understanding of the profit center's business objectives.

Excellent verbal, written and interpersonal communication skills.

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

Explore

Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Starr Insurance Companies seeks passionate, curious, and solution-driven team players. SEARCH STARR INSURANCE COMPANIES JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Starr Insurance Companies.

READ CAREERS BLOG

Job Alert Emails

Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding career opportunities that await at Starr Insurance Companies.

Learn more about Starr Insurance Companies

Industry