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Ocean Marine Insurance Jobs (NOW HIRING)

Starr Insurance Companies

Senior Underwriter

New York, NY · On-site

$107K - $127K/yr

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 ...

MSIG Holdings Inc

Underwriting Specialist

Warren, NJ · On-site

$140K - $215K/yr

Cargo/Ocean Marine Underwriter MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a ...

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How much do ocean marine insurance jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for ocean marine insurance in the United States is $27.86, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $34.13 per hour, depending on experience, location, and employer.

What are the typical daily responsibilities for professionals in ocean marine insurance?

Ocean Marine Insurance professionals spend their days assessing risks associated with vessels, cargo, and marine operations, underwriting new insurance policies, and managing claims. They frequently interact with shipping companies, brokers, and port authorities to gather information and ensure proper coverage for their clients. The role also involves reviewing legal and regulatory documentation, negotiating policy terms, and staying current on global maritime trends. Collaboration with colleagues in claims, legal, and risk management departments is common, making teamwork and clear communication vital in this dynamic field.

What is an ocean marine insurance?

An Ocean Marine Insurance job involves underwriting, managing, or adjusting insurance policies that cover ships, cargo, terminals, and other marine-related risks. Professionals in this field assess risks, determine policy terms, and ensure clients are protected from financial losses due to accidents, natural disasters, or piracy. Roles may include underwriters, claims adjusters, or brokers who specialize in marine insurance products. These professionals work closely with shipping companies, exporters, and other maritime businesses to provide tailored coverage. Strong knowledge of maritime law, risk assessment, and global trade is essential for success in this field.

What are the key skills and qualifications needed to thrive in ocean marine insurance, and why are they important?

To thrive in Ocean Marine Insurance, you need a deep understanding of maritime laws, insurance underwriting, risk assessment, and commercial shipping practices, often supported by a degree in business, finance, or maritime studies. Familiarity with industry-specific software (such as insurance risk modeling tools), along with certifications like the Associate in Marine Insurance Management (AMIM), is highly valued. Strong analytical thinking, negotiation, and client relationship management skills are essential for success. These qualifications help ensure accurate risk evaluations, effective policy management, and the ability to foster positive client and broker relationships in a complex, global industry.

More about Ocean Marine Insurance jobs
What cities are hiring for Ocean Marine Insurance jobs? Cities with the most Ocean Marine Insurance job openings:
What states have the most Ocean Marine Insurance jobs? States with the most job openings for Ocean Marine Insurance jobs include:
What job categories do people searching Ocean Marine Insurance jobs look for? The top searched job categories for Ocean Marine Insurance jobs are:
Ocean Marine Insurance jobs near you
Infographic showing various Ocean Marine Insurance job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $57,953 per year, or $27.9 per hour.

Senior Underwriter

Starr Insurance Companies

New York, NY • On-site

$107K - $127K/yr

Full-time

Re-posted 6 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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