Downstream Energy Underwriter — London

Sompo International; Greater London; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Expansive Health & Wellness Benefits

Generous Retirement & Savings Plans

Global Parental Leave & Adoption Care

Job summary

Sompo International Holdings Ltd. is seeking an Underwriter in the Downstream Energy team based in our London office. You will support renewals, review new business for Downstream and Power accounts, underwrite profitable business, and service the existing book with endorsements and market updates.

The role requires deep knowledge of the downstream oil and gas sector, strong communication, and the ability to work in a fast-paced environment within a global insurer.

Qualifications

• Minimum 4 years of experience in the Insurance Industry.
• Deep knowledge of the Downstream oil and gas sector and Energy Property market.
• Strong problem solving and decision-making abilities.
• Excellent written and oral communication skills.

Responsibilities

• Support the delivery of the underwriting business plan for Downstream and Power accounts.
• Underwrite profitable business to secure retention on clients.
• Manage endorsements, market updates and meetings for the existing book.
• Prepare information for underwriting, including pricing, engineering overviews and performance analysis.
• Coordinate RMS modelling with exposure analysis and engineering for research.
• Attend client presentations with brokers and provide updates to the team.
• Conduct Energy market research ahead of renewals.
• Ensure compliance with conduct risk, underwriting guidelines and internal controls.
• Mentor junior team members and oversee audit requirements.

Skills

Underwriting

Communication skills

Interpersonal skills

Numerate

Problem solving

Tools

Microsoft Excel

Job description

Sompo International Holdings Ltd. is seeking an Underwriter in the Downstream Energy team based in our London office. You will support renewals, review new business for Downstream and Power accounts, underwrite profitable business, and service the existing book with endorsements and market updates.

The role requires deep knowledge of the downstream oil and gas sector, strong communication, and the ability to work in a fast-paced environment within a global insurer.