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Senior Underwriter Marine Liability

Job in Greater London, London, Greater London, W1B, England, UK
Listing for: Allianz Commercial
Full Time position
Listed on 2026-10-12
Job specializations:
  • Insurance
    Underwriter, Insurance Analyst, Insurance Risk / Loss Control, Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 100000 - 125000 GBP Yearly GBP 100000.00 125000.00 YEAR
Job Description & How to Apply Below

We are looking for an Senior Underwriter – Marine Liability, based in London.

The Team

You'll be joining the Marine Liability team within Allianz Commercial, one of the world's largest and most respected marine insurers. Our Marine underwriting operation sits within the broader Hull & Liability division, working alongside our Cargo specialists to deliver market-leading solutions across the full spectrum of marine risk. Marine and Liability are both key strategic business lines for Allianz Commercial, and our continued investment in these areas reflects our commitment to providing innovative, best-in-class coverage for clients operating in complex and dynamic maritime environments.

Our Marine Liability portfolio spans a diverse and technically rich range of sub-classes, including Protection & Indemnity (excess P&I Club reinsurance and specialist operations), Charterer's Liability, Ports & Terminals, Marinas, Ship repairer's Liability, Marine & Energy Offshore Contractors, and Umbrella Liabilities. We provide third-party liability coverage for property damage and bodily injury, first-party physical loss and damage, and business interruption — supporting shipowners, operators, terminal businesses, and contractors across the global maritime industry.

The

Impact You Will Have

As a Senior Underwriter in our Marine Liability team, you'll play a pivotal role in shaping the profitability and growth of the portfolio — underwriting both new and renewal business to meet regional and global targets. You'll take ownership of our most significant accounts and client relationships, leading negotiations on participation, pricing, and terms to secure the best outcomes for the business.

Beyond your own book, you'll be a trusted technical authority and referral point for the wider underwriting team, actively mentoring and developing talent at all levels. Your deep expertise will see you recognised as the go‑to specialist in at least one marine liability sub‑class, while your ability to build and sustain strong broker and client relationships will be central to our continued success in the market.

Some

Of Your Specific Responsibilities Could Include Underwrite Profitable business
  • Underwrite large new and renewal accounts to meet top and bottom line targets (regionally including global elements). Negotiate participation, pricing and terms and conditions with brokers. Proactively manage capacity.
  • Underwrite and evaluate Natural Catastrophe Accumulation, ensuring an understanding of catastrophe modelling and interpretation of scenarios (for relevant LoBs). Underwrite International Insurance Programs (for relevant LoBs)
  • Specialized technical expertise / lead for at least one sub-LoB"
Underwriting Approach and Compliance
  • Underwrite in line with LoB governance framework - e.g. Underwriting Authorities, global MSU, Underwriting Guidelines, Rules and Principles
  • Ensure contract certainty is achieved on all accounts at time of inception
  • Ensure utilisation of global pricing tools
  • Ensure placing and binding of FAC Reinsurance prior to policy inception
Policy Documentation and Administration
  • Ensure accurate policy documentation issued to broker (where AGCS responsibility to do so) or broker has issued documentation (where broker responsibility)
  • File maintenance – ensure file is established (whether electronic or paper) and maintained for each risk and transaction handled
  • Proactively support completion of policy administration and credit control processes
Underwriting Strategy & Leadership
  • Contribute to development and execution of regional Underwriting strategy for LoB regionally
  • Training, developing and coaching of less experienced staff (including Underwriters)
  • Manage complex referrals from underwriters and spokes and re-underwrite…
Position Requirements
10+ Years work experience
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