Power Underwriter

Everest Re Group,; Greater London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading reinsurance and insurance provider is seeking a Power Underwriter in London. This role offers the opportunity to manage and underwrite a diverse portfolio of Power risks, while collaborating with experienced professionals in a hybrid work environment. The position requires solid experience in Power insurance, the ability to build strong relationships with brokers, and effective negotiation skills. Join us in contributing to the energy sectors' transition towards sustainable practices.

Benefits

Generous tuition reimbursement

Mentoring opportunities

Flexible work arrangements

Talent development initiatives

Networking groups

Qualifications

• Proven insurance experience in the Power sector.
• Ability to manage and underwrite diverse Power risks effectively.
• Sound judgment and decision-making skills.

Responsibilities

• Manage and underwrite a diverse portfolio of Power risks.
• Build and maintain relationships with brokers for business access.
• Collaborate with Energy & Construction teams for strategic planning.
• Represent the company at industry events and client meetings.

Skills

Experience in conventional Power insurance

Understanding of Wholesale London Market business

Excellent negotiation skills

Ability to thrive in complex environments

Building relationships with brokers and clients

Strategic insight into global market trends

Job description

Title: Power Underwriter

Company: Everest Advisors (Uk), Ltd.

Job Category: Underwriting

Job Description:

About Everest

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the United Kingdom, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.

Everest is a growth company offering Property and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service, and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers.

At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including:

• Generous tuition/continuing education reimbursement
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Role Purpose

Everest is building a dynamic Energy and Construction team to provide market leading insurance services to the Oil and Gas, Power and Renewables Energy industries as they navigate through the energy transition. To support this we are hiring a Power Underwriter in London, an exciting new position! At Everest, collaboration is at the heart of everything we do and, in this role, you’ll be working alongside our experienced Underwriters in a supportive environment. We are looking for a technical individual with proven insurance experience and a passion for the industry as it goes through a period of intense development and technological change. We seek an ambitious individual who will help grow the existing portfolio and who wishes to diversify their experience for global expansion.

Core Responsibilities

• As the Power Underwriter, you’ll help to manage and underwrite a diverse portfolio of Power risks. You’ll ensure alignment with our underwriting guidelines and appetite, contributing to the profitable growth of the portfolio.
• Leveraging your existing broker relationships and building new ones, you’ll access business through both our Company and Syndicate platforms, identifying and pursuing new opportunities.
• You’ll play a key role in strategic planning, pricing, and product development, collaborating with your Energy & Construction colleagues and other departments across Everest to unlock cross selling opportunities and ensure aligned portfolio management with Claims and Engineering teams.
• You’ll represent Everest at client and broker meetings, industry events, and site visits, while also supporting junior team members and fostering a collaborative, high‑performing team culture.

Skills & Abilities

• Experience in conventional Power insurance.
• Understanding of Wholesale London Market business.
• Ability to thrive in complex, matrixed environments, collaborating effectively across functions and levels.
• A track record of building and maintaining strong relationships with brokers, clients, and stakeholders.
• Excellent negotiation skills and strategic insight into global market trends.
• Sound judgment and decision‑making skills, with a logical and objective approach.
• Expertise in regulatory compliance and internal control frameworks.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type: Regular

Time Type: Full time

Primary Location: London

Additional Locations: Privacy Notice | Everest (everestglobal.com)