Head of Marine & Energy Underwriting

Head of Marine & Energy Underwriting

Apply locations Lloyd's UK: London time type Full time posted on Posted 2 Days Ago time left to apply End Date: January 4, 2025 (20 days left to apply) job requisition id R4051

Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.

New high profile opportunity to lead the delivery of sustainable profitability and develop the underwriting policy for Marine & Energy classes across the Lloyds market.

Working collaboratively with the market, other external stakeholders, colleagues in Performance Management and more widely across the Lloyd's Corporation to understand all underwriting opportunities and risks to the Marine & Energy classes (prudential, performance and reputational).

In this leadership role, you will:

• Act as the leader of underwriting policy for Marine & Energy.
• Address performance issues using a risk-based approach to ensure that actions are proportionate to the risks and issues presented.
• Work with the Market Development and Underwriting Solutions teams to support the identification of opportunity and mitigation of risks associated with new syndicates or growth strategies from existing syndicates.
• Support the long-term sustainable performance of Marine & Energy, providing clear and consistent insight and information by identifying market dynamics in a concise and compelling way in order to make clear recommendations for ongoing performance oversight.
• Actively seek to share knowledge and raise underwriting standards for Marine & Energy by ensuring that adequate and appropriate market insight is sought from, and provided to, internal and external stakeholders.
• Ensure that the agreed control processes and tools are effectively used for the oversight of underwriting risks and product line performance, including escalating issues appropriately.

This role requires specialist Marine & Energy expertise in order to present technical information both internally and externally. With the ability to think creatively, influence and drive solutions with senior market leaders to drive performance and deliver a profitable strategy.

Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

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