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Senior Executive, Technical Underwriting (Marine)
Salary not available. View on company website.
Lloyd's, Aldgate, City and County of the City of London
- Onsite working
- Full time
- Permanent
Posted today, 21 May
Job ref: 7bf8ec29227f434e8926ea3eb72d75f3
Full Job Description
- To assist Lloyd's managing agencies by providing technical support and proficiency to the LMA's marine underwriting committees, marine market experts and other business areas as required.
- To represent and promote the interests of LMA members and other key stakeholders internally and externally, influencing the course of current and future market initiatives.
- Be part of a marine-specific team of experts who can advocate for the marine community. Key Accountabilities
- Facilitate and provide effective support to LMA committees and working groups, taking the lead in identifying issues, setting and driving the agenda, offering guidance, identifying and promoting solutions, managing projects, and ensuring the execution of actions.
- Lead, deliver and/or support technical underwriting projects and activities instigated by you or requested by the market and other key stakeholders, both internally and externally.
- Work collaboratively with team members, by providing coaching and mentoring.
- Communicate confidently and effectively to LMA members and other key stakeholders, giving guidance on initiatives and developments and ensuring that the LMA's profile and credibility are reinforced, including through media engagement (e.g., writing articles, blogs etc).
- Respond to LMA members' (and other key stakeholders') enquiries/requests for assistance in a timely and appropriate manner.
- Build good working relationships with Lloyd's (and other relevant bodies, e.g., IUMI) to establish and reinforce the LMA as a recognised expert and partner and further the goals of the LMA and the market.
- Other duties from time to time as the LMA may reasonably require.
Experience Essential · A deep understanding of the marine insurance industry including emerging risks. Desirable - Practical insurance market experience (e.g., claims adjusting, underwriting, engineering, legal or compliance) in the Lloyd's market or London market.
- A breadth of knowledge across multiple lines, e.g., Hull, Cargo, Liability, would be extremely useful.
- Committee or public policy experience.
- Awareness of Lloyd's market priorities, challenges, requirements and the future landscape of the market. General Skills / Attributes Essential
- Organised and proactive. Identifies issues, takes the lead and sees them through to completion.
- Comfortable dealing with a level of detail whilst having the ability to see the bigger picture.
- Strong communication skills (written and verbal), and the ability to present ideas clearly, concisely and with confidence. Highly developed interpersonal skills with the ability to work with others at all levels internally and externally, being flexible in approach and having the courage to challenge when appropriate.
- Trusted: Our expertise and independence enable us to influence, support and positively impact the market.
- Passionate: We are committed to help the market succeed and achieve great outcomes for our members.
- United: As a representative voice of our members, we connect and work as a team with our communities to achieve the best outcomes for our members.
- Bold: We strive to be courageous in what we do, allowing us to lead, challenge and think innovatively.
- Inclusive: We enrich the marketplace by developing people and seeking ideas from a wide variety of backgrounds, cultures and skills. We embrace a diverse and flexible workplace and take action against non-inclusive behaviour. By encouraging these values internally, the LMA hopes that they will permeate beyond the business and into the marketplace, helping create a more dynamic, modern, and productive working environment. Employee Benefits The LMA offers a comprehensive package of employee benefits. These include but are not limited to:
- A competitive pension package with a generous employer contribution.
- An industry-leading flexible working policy, built on trust. We enable our employees to choose how and where they work, at the LMA's office in London EC3, or elsewhere in the UK, providing that it suits the interests of our members, the LMA team and themselves. We welcome an open discussion on flexible working and your overall working environment so we can explore solutions that suits both the business and the individual.
- 26 days paid holiday, plus additional leave for key life events such as moving home, your child's first day at school and your marriage or civil partnership.
Lloyd's of London has long been synonymous with being the centre of global marine expertise. Its impact on the world stage is both profound and far-reaching. The Lloyd's Market Association (LMA) has an unrivalled opportunity to work in the epicentre of the Lloyd's market, bringing expertise together to help address some of the biggest issues facing the marine sector. Marine insurance is a critical component of the global trade ecosystem. The marine sector, responsible for transporting 80% of the world's trade, is facing a transformative period. The global conversations are as diverse as alternative fuels, autonomous vessels and the impact of geopolitics on trade routes. In recent times, the LMA has supported the Lloyd's and London markets as they responded to the war in Ukraine. For example, the LMA liaised with the UN, UK, US and EU government entities in conjunction with Lloyd's in order to assimilate the detail of the sanctions and to facilitate the operation of the UN grain corridor. The LMA looks at a wide range of issues including sustainability and how it relates to environmental, social, and corporate governance (ESG) initiatives. The International Maritime Organisation (IMO) aims for the international shipping industry to reach net zero by around 2050, which means reducing its greenhouse gas emissions by at least 20% by 2030 and at least 70% by 2040. Hosting market events to raise awareness on these issues is one of the many areas you could be involved in. Much of the critical work which happens in the LMA is through the committee network and market outreach. This role would be largely responsible for the inputs and outputs of these groups, bringing your expertise to bear. Introduction to the Lloyd's Market Association (LMA) The Lloyd's Market Association (LMA) exists at the very heart of Lloyd's, a world-leading global marketplace for complex risk where solutions to challenges are delivered every day. All 55 Lloyd's managing agencies, with a total market stamp capacity of approximately £52.6bn in 2024, and all Lloyd's members' agents, are members of the LMA. We represent our members' interests to organisations including governments, regulators, and the market's central supporting body, the Corporation of Lloyd's. We provide professional and technical expertise in areas ranging from model policy wordings to the implementation of innovative technologies. We connect with our members to identify and resolve issues facing the market, and work in partnership with Lloyd's and the other market associations to influence initiatives and outcomes. We operate the Lloyd's market's most comprehensive technical education service, the LMA Academy., The LMA firmly believes that robust values at the heart of the organisation bolster its performance and enable the successful execution of strategy. We have five primary values that we strive to embody across the business in everyday practice. These are
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