AVP, Underwriter Energy

Sompo International; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance provider in London is seeking an experienced Power and Utilities Underwriter to join their Energy team. The role involves developing a book of business, underwriting accounts, and collaborating with international markets. The ideal candidate will have at least 7 years of relevant experience and a strong understanding of global Power placements. This position offers competitive compensation and benefits, contributing to a diverse and inclusive workplace.

Benefits

Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Assistance

Qualifications

• Minimum of 7 years relevant underwriting experience.
• Experience with global Power placements.
• Strong decision-making abilities.

Responsibilities

• Support the Power and Utility sub-class.
• Develop the book of business.
• Full underwriting of accounts.

Skills

Strong problem solving

Interpersonal skills

Technical knowledge of underwriting

Ability to work under pressure

Computer skills

Job description

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for an experienced Power and Utilities Underwriter in our UK based Energy team.

Our experienced Energy team, backed by Sompo’s financial strength, offers comprehensive underwriting across the entire Energy chain; from oil and gas extraction and refining, to emerging renewable energy solutions. Operating from the UK, we provide tailored products and significant capacity. As a one stop shop for all Energy business, we also have the flexibility to integrate liability, marine cargo, terrorism, and professional lines products, enabling the development of programmes that are customised specifically to clients’ ever-changing needs.

Location: This position will be based out of our London office.

Our business, your impact, our opportunity:

What you’ll be doing:

• The role will initially focus on supporting the Power and Utility sub-class. The short-term goal will be to develop the book of business, whilst additionally supporting the broader onshore energy team
• Underwriting role within a growing c.$300m Energy portfolio
• Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management
• Responsibilities will include growing the Power and Utility book of business and further enhancing the Sompo brand within the Energy market
• Provide technical input in product development and underwriting strategy
• Liaise with Global Markets offices to assist with regional energy initiatives in locations such as Europe, Singapore and Brazil
• Represent Sompo at broker & client meetings and market events
• Monitor all industry and specific account trends. Implementing a field service reputation that is recognized as superior in the industry
• Create and utilise marketing material to support marketing and production initiatives

What you’ll bring:

• A minimum of 7 years relevant underwriting experience (with authority).
• Experience and specific technical knowledge of underwriting global Power placements
• Strong problem solving and decision making abilities
• Confidence to innovate to challenge the norm

• Ability to work effectively in a pressured environment
• Appetite and hunger to learn and grow
• Strong interpersonal skills to develop long-term client relationships
• Ability to collaborate and positively interact within a team environment
• Competent computer skills

Our Benefits

[See Addendum to update for specific Countries/States as necessary]

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today’s world, what do we stand for?

We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.
Clarity in complexity.
Unwavering commitment.

We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.

Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.

We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.

Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.

Because when you choose Sompo, you choose the ease of expertise.

To learn more about visit our website at www.sompo-intl.com