Description
Underwrite marine insurance by evaluating hull, cargo, and marine liability submissions to determine risk, pricing, terms, and acceptance.
- • Decline unsafe or unprofitable marine risks.
- • Communicate with brokers, shipowners, and marine surveyors to obtain information, quote terms, and explain underwriting policies.
- • Evaluate catastrophe and accumulation exposures by port, voyage, and storm or piracy zones.
- • Adjust terms for substandard risks with limits, rates, deductibles, warranties, and endorsements per guidelines.
- • Review portfolio data to monitor aggregates across fleets, vessels, ports, cargo classes, and trading areas.
- • Arrange or authorize facultative reinsurance for large, high-hazard, or complex placements.
- • Assess risk using vessel surveys, classification certificates, AIS/trading history, crew experience, maintenance records, cargo details, and financials.
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O*NET occupational data (work activities, skills, knowledge).
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Last reviewed: Jan 2026
