Underwriting Specialist

About MSIG USA

MSIG USA is a US-based subsidiary of MS&AD Insurance Group Holdings, Inc., a global Class 15 insurer with A+ ratings, operating in more than 40 countries.

The Cargo/Ocean Marine Underwriter evaluates, prices, and manages risks associated with domestic and international cargo shipments, supporting the profitable growth of the marine portfolio.

• Assess and underwrite cargo and ocean marine risks in accordance with company guidelines, authority levels, and profitability targets.
• Analyze submissions including vessel details, cargo type, routing, loss history, and insured operations.
• Determine appropriate pricing, terms, and conditions based on risk quality and market dynamics.
• Structure tailored insurance solutions for complex or specialized marine exposures.
• Manage a book of cargo/ocean marine business with a focus on sustainable profitability and disciplined growth.
• Monitor account performance, loss trends, and market conditions to adjust underwriting strategies.
• Collaborate with actuarial, claims, and risk engineering teams to refine underwriting approaches and improve results.
• Develop and maintain strong relationships with brokers, agents, and key clients.
• Provide responsive, knowledgeable service to distribution partners to support new business and renewals.
• Represent the company in market meetings, industry events, and client presentations.
• Ensure underwriting files are complete, accurate, and compliant with internal standards and regulatory requirements.
• Maintain clear documentation of underwriting rationale, pricing decisions, and coverage structures.
• Stay current on global trade patterns, supply chain issues, vessel safety standards, and marine insurance trends.
• Contribute to product development, appetite refinement, and strategic initiatives within the marine segment.

• Bachelor’s degree in business, finance, risk management, or related field.
• Experience underwriting cargo, ocean marine, or related commercial P&C lines.
• Strong analytical skills with the ability to assess complex risks and make sound decisions.
• Excellent communication and negotiation abilities.
• Ability to build and maintain productive broker relationships.
• Proficiency with underwriting systems, rating tools, and Microsoft Office applications.
• Professional designations such as CPCU, AMIM, or ARM.
• Knowledge of international trade, logistics, and maritime operations.

Base pay range: $140,000 - $215,000. Salary determinations are based on experience, skills, certifications and location.

MSIG USA is an equal employment opportunity (EEO) employer. We provide reasonable accommodations for qualified individuals with disabilities.