Assistant Vice President, U.S. Marine - Hull & Liabilities

About the role

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.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision-making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Responsibilities

• Underwrite Marine Hull and Liabilities within the appetite developed by our team.
• Independently select risks, evaluate, and recommend program structure, services, and pricing to achieve a balanced portfolio and long-term profitability.
• Establish and maintain business relationships to develop new opportunities as well as visit insureds and brokers/producers to retain existing accounts in support of the producer and territory management plan.
• Independently review engineering information to assess risk quality and compliance within company guidelines and initiate appropriate loss prevention actions.
• Adhere to CAT guidelines and underwriting discipline to minimize exposure and appropriately price.
• Manage assigned portfolio to achieve gross written premium, profitability, rate, retention, product mix, new business, and portfolio management goals.
• Evaluate reinsurance requirements and implement appropriate action.
• Communicate and collaborate across disciplines to establish and maintain relationships to achieve organizational and policyholder success.
• Share underwriting expertise with underwriters at all levels.

Requirements

• Bachelor’s degree or equivalent experience.
• Minimum of 8 years of underwriting experience in the P&C insurance industry; Hull and Liability underwriting strongly preferred.
• Deep knowledge of Marine insurance products, insurance regulations, and the insurance industry.
• Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
• Strong critical thinking skills.
• Excellent organizational, desk management, and prioritization skills with the ability to work independently and as part of a team.
• Positive, self-motivated, and possess strong interpersonal, communication, and presentation skills.
• Strong technical, analytical, and quantitative skills.
• Excellent oral and written communication skills; ability to successfully negotiate in difficult situations with agents and brokers.
• Solution-oriented team player with a strong relationship management skill set working with both internal and external stakeholders and customers.
• Proficient in Microsoft Office.
• Ability to travel 10-20%.

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).