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Marine Insurance Underwriter Jobs (NOW HIRING)

Ascot Group

Underwriter, Inland Marine

Chicago, IL · On-site

$115K - $140K/yr

A minimum of 2 years of experience underwriting Inland Marine insurance products * Must have the ... ability to effectively interact with all levels of customers and collaborate with a team of ...

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 ...

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 ...

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 - $200/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 ...

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$38.5K

How much do marine insurance underwriter jobs pay per year?

As of Sep 7, 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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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, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $36,613 per year, or $17.6 per hour.

Underwriter, Inland Marine

Ascot Group

Chicago, IL • On-site

$115K - $140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago

Key responsibilities

  • Underwrite Inland Marine insurance within the developed appetite, evaluating risks and recommending program structures and pricing.

  • Establish and maintain relationships with brokers, producers, and insureds to develop new opportunities and retain existing accounts.

  • Review engineering information to assess risk quality and compliance, and manage portfolio to meet profitability and growth goals.

Job description


This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we're bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world-class service - both pre- and post-claims. Ascot exists to solve for our clients' brightest tomorrow, through agility, collaboration, resilience, and discipline.
Position Overview:
The Underwriter, Inland Marine will be responsible for driving profitable growth with retail and wholesale brokers. This position will collaborate with the broader Marine team. We are looking for a candidate who is highly motivated, and results-oriented with solid business and
Responsibilities:
  • Responsible for underwriting Inland Marine within the appetite developed by our team.
  • Independently works to appropriately select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability
  • Establishes and maintains business relationships to develop new opportunities as well as visits insured and brokers/ producers to retain existing accounts in support of the producer and territory management plan
  • Independently reviews engineering information to assess risk quality and compliance within company guidelines and initiates appropriate loss prevention actions
  • Adheres to CAT guidelines and underwriting discipline to minimize exposure and appropriately price
  • Manages assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business and portfolio management goals
  • Evaluates reinsurance requirements and implements appropriate action
  • Communicates and collaborates across disciplines to establish and maintain relationships to achieve organizational and policyholder success
  • Shares underwriting expertise with underwriters at all levels
  • Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.

Requirements:
  • A minimum of 2 years of experience underwriting Inland Marine insurance products
  • Must have the ability to effectively interact with all levels of customers and collaborate with a team of underwriters, claims, and loss control
  • Must have proven marketing and negotiation skills
  • Strong communication, interpersonal, and time management skills
  • Highly collaborative
  • Bachelor's Degree

***This position may be filled at a different level, depending on experience***
Compensation
Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot's total compensation package for employees. Other rewards may include annual cash bonus and other forms of discretionary compensation awarded by the Company.
The annualized base pay range for this role is: $115,000 - $140,000.
Company Benefits
The Company provides a competitive benefits package that includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.
Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).
Please be aware that Ascot Group's job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.
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