The combination of laser radiation and electric arc as hybrid welding is used successfully in industry. In the underwater area, this technology is currently being researched but is not yet part of the industry. This paper demonstrates laser-stabilized arc welding with flux-cored electrode for underwater applications where the laser power density of the laser radiation does not result in a deep penetration welding effect. Steel samples (S235-JR) with a thickness of 10 mm were examined as bead-on-plate welds with a laser power density of 0.7-2.8 x 104 W/cm² at a wavelength of 1030 nm. The addition of laser radiation at low laser power density stabilizes the arc and produces a homogeneous weld seam. The process behavior and stability are characterized by measuring the current and voltage signals and analyzed regarding the laser beam and current source parameters. The metallographic analyses are used to compare the weld seam geometry and the microstructure properties.