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Marine Insurance Underwriter Jobs (NOW HIRING)

Berkley

Senior Sales Underwriter

Coppell, TX · On-site

$91K - $108K/yr

College degree or equivalent job-related experience. * 5-7 years of inland marine insurance underwriting experience. * Ability to work independently in an entrepreneurial environment. * Advanced ...

Hanover Insurance Group, Inc.

$150 - $230/hr

Partner with Marine Leadership to develop a Marine strategy that aligns with the overall Business Insurance strategic plan * Manage the overall Underwriting performance through establishment of ...

New

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AVP, Marine Underwriting

Houston, TX · Hybrid

Partner with Marine Leadership to develop a Marine strategy that aligns with the overall Business Insurance strategic plan * Manage the overall Underwriting performance through establishment of ...

thg

AVP, Marine Underwriting

Dallas, TX · Hybrid

Partner with Marine Leadership to develop a Marine strategy that aligns with the overall Business Insurance strategic plan * Manage the overall Underwriting performance through establishment of ...

Lockton, Inc.

Recreational Marine Producer

Miami, FL · On-site

Carrier & Market Engagement • Maintain strong relationships with foreign and domestic marine insurance carriers and underwriting partners. • Collaborate with carrier representatives to negotiate ...

New

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Marine Insurance Underwriter information

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$11K

$38.5K

How much do marine insurance underwriter jobs pay per year?

As of Aug 16, 2026, the average yearly pay for marine insurance underwriter in the United States is $36,613.00, according to ZipRecruiter salary data. Most workers in this role earn between $34,500.00 and $37,500.00 per year, depending on experience, location, and employer.

What does a marine insurance underwriter do?

A Marine Insurance Underwriter assesses and evaluates risks associated with insuring vessels, cargo, and marine-related liabilities. They analyze data, review policies, determine premium rates, and decide on coverage terms to ensure profitability while managing risk exposure. Underwriters work closely with brokers, clients, and claims adjusters to develop tailored insurance solutions. Their role requires strong analytical skills, industry knowledge, and an understanding of maritime laws and regulations.

What are the key skills and qualifications needed to thrive as a marine insurance underwriter?

To thrive as a Marine Insurance Underwriter, you need a solid understanding of marine insurance principles, risk assessment, and relevant maritime laws, usually supported by a degree in finance, business, or insurance and industry qualifications like ACII. Familiarity with underwriting and claims management software, as well as proficiency in data analysis tools, is highly beneficial. Strong analytical thinking, negotiation skills, and clear communication are critical soft skills for building client relationships and making informed decisions. These abilities are vital for accurately evaluating risks and ensuring the financial stability of both clients and the insurer in a specialized and dynamic market.

What are the typical challenges faced by a marine insurance underwriter?

Marine Insurance Underwriters often navigate the complex and unpredictable nature of maritime risks, such as fluctuating global shipping trends, changing weather patterns, and evolving regulations. Assessing unique risks for different types of vessels, cargo, and routes requires in-depth research and careful judgment. You will work closely with brokers, clients, and claims departments to ensure underwriting decisions are both competitive and compliant with company policies. Adapting to these challenges not only sharpens problem-solving skills, but also prepares you for broader career opportunities in marine underwriting and risk management.

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Cities with the most Marine Insurance Underwriter job openings:

What are the most commonly searched types of Marine Insurance Underwriter jobs?

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What states have the most Marine Insurance Underwriter jobs?

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Marine Insurance Underwriter jobs near you
Infographic showing various Marine Insurance Underwriter job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 73% Full Time, 21% Part Time, and 5% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $36,613 per year, or $17.6 per hour.

Senior Underwriter

Starr Insurance Companies

New York, NY • On-site

$107K - $127K/yr

Full-time

Re-posted 12 days ago

Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.
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.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

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