AI summary
This is a Cargo/Ocean Marine Underwriter role managing and growing a profitable marine book through sound risk evaluation, pricing, and broker relationship management. You’ll join MSIG USA, the US subsidiary of a top global P&C insurance group with A+ ratings and operations across 40+ countries. Standout perk: a clearly stated high base pay range of $140,000–$215,000.
Key skills
Cargo & ocean marine underwritingCommercial P&C risk assessmentPricing, terms and conditions structuringPortfolio management (profitability/loss trends)Broker and client relationship managementNegotiation and communicationUnderwriting systems and rating toolsMicrosoft OfficeKnowledge of international trade/logistics/maritime operationsCPCU/AMIM/ARM (preferred)
Pays a base salary of $140,000–$215,000, with compensation based on experience, skills, certifications, and location.
You'll thrive here if you have cargo/ocean marine (or related commercial P&C) underwriting experience and enjoy combining analytical risk judgment with proactive broker relationship building.
Why apply
- A+ rated global insurance group
- Base pay range $140k-$215k
- Growing marine portfolio opportunity
MSIG USA continues to grow! Company Overview: 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 reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks. ors. The Cargo/Ocean Marine Underwriter plays a critical role in evaluating, pricing, and managing risks associated with domestic and international cargo shipments. This position supports profitable growth of the marine portfolio by applying sound underwriting judgment, building strong broker relationships, and staying ahead of global trade and logistics trends. Key Responsibilities Underwriting & Risk Evaluation Assess and underwrite cargo and ocean marine risks in accordance with company guidelines, authority levels, and profitability targets. Analyze submissions including vessel details, cargo type, routing, loss history, and insured operations. Determine appropriate pricing, terms, and conditions based on risk quality and market dynamics. Structure tailored insurance solutions for complex or specialized marine exposures. Portfolio & Business Management Manage a book of cargo/ocean marine business with a focus on sustainable profitability and disciplined growth. Monitor account performance, loss trends, and market conditions to adjust underwriting strategies. Collaborate with actuarial, claims, and risk engineering teams to refine underwriting approaches and improve results. Broker & Client Engagement Develop and maintain strong relationships with brokers, agents, and key clients. Provide responsive, knowledgeable service to distribution partners to support new business and renewals. Represent the company in market meetings, industry events, and client presentations. Compliance & Documentation Ensure underwriting files are complete, accurate, and compliant with internal standards and regulatory requirements. Maintain clear documentation of underwriting rationale, pricing decisions, and coverage structures. Market & Industry Insight Stay current on global trade patterns, supply chain issues, vessel safety standards, and marine insurance trends. Contribute to product development, appetite refinement, and strategic initiatives within the marine segment. Qualifications Bachelor’s degree in business, finance, risk management, or related field. Experience underwriting cargo, ocean marine, or related commercial P&C lines. Strong analytical skills with the ability to assess complex risks and make sound decisions. Excellent communication and negotiation abilities. Ability to build and maintain productive broker relationships. Proficiency with underwriting systems, rating tools, and Microsoft Office applications. Professional designations such as CPCU, AMIM, or ARM. Knowledge of international trade, logistics, and maritime operations. Salary: The base pay range is $140,000 - 215,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group! It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities. Each employee plays an important role which contributes directly to the success and continued growth of MSIG. MSIG Holdings (U.S.A.), Inc. (MSIG) is a wholly owned subsidiary of the MS & AD Insurance Group Holdings, Inc. – one of the top ten property-casualty insurance groups world-wide. Our Group has capital in excess of $25 Billion, operations in more than 40 countries and nearly 40,000 personnel located globally. MSIG in the U.S. is comprised of three insurance companies with licenses in all fifty states as well as Puerto Rico and the District of Columbia. These companies and five other subsidiaries, deliver state of the art risk financing programs, insurance products, risk engineering and claims management services that enable our clients to effectively and efficiently manage their risks. Our insurance companies share the A.M Best’s A+ XV Rating and Standard & Poor’s A+ Rating of our Japan-based parent. Our clientele runs the gamut from small and mid-sized, sole-proprietorships, partnerships and corporations, up to some of the largest and most sophisticated multinational corporations operating in the U.S. and globally. The vast majority of clients seek our support related to Commercial Lines insurance products including Commercial Property and Liability Insurance products. However, through our subsidiary – Seven Hills Insurance Agency, LLC. – we are able to provide Personal Lines Insurance products including homeowners, renters, automobile, etc. Specialties: All Risk Property, Commercial Liability, Automobile, Workers Compensation, Management Liability, Marine, Excess & Umbrella, Claims Management, Risk Engineering services, etc. Don't see the dream job you are looking for? Click "Get Started" below to drop off your contact information and resume and we will reach out to you if we find the perfect fit.