Risk Engineer - Power Generation

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join a leading global company as a Power Generation Risk Engineer, where your expertise will drive sound risk selection and loss prevention strategies. In this role, you will conduct comprehensive field surveys, assess risks, and provide actionable recommendations to clients and underwriters alike. Collaborate with a dynamic team in a face-to-face environment, utilizing your engineering knowledge to influence profitable underwriting decisions. This position offers the opportunity to travel internationally and make a significant impact in the world of risk engineering. If you're ready to take your career to the next level, this role is for you!

Benefits

Comprehensive Benefits Package

Professional Development Opportunities

Health and Wellbeing Programs

In-person Collaboration Environment

Qualifications

• 10+ years of experience in power generation or related fields.
• Strong knowledge of engineering standards and practices.
• Ability to conduct field surveys and risk assessments.

Responsibilities

• Conduct operational and construction field surveys of Powergen sites.
• Develop loss prevention recommendations to mitigate risks.
• Manage survey programs and produce Account Summary Reports.

Skills

Risk Analysis

Communication Skills

Report Writing

Project Management

Engineering Concepts

Education

Graduate Electrical or Mechanical Engineer

Tools

AIG Risk Rating Tools

Loss Estimation Software

Job description

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Risk Engineer - Power Generation, London

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Client:

AIG

Location:

London, United Kingdom

Job Category:

-

EU work permit required:

Yes

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Job Reference:

b5f75f8e77aa

Job Views:

4

Posted:

02.05.2025

Expiry Date:

16.06.2025

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Job Description:

Join us as a Power Generation Risk Engineer and join a world class team with a truly global business.

Make your mark in Risk Engineering:

As a Power Generation Risk Engineer you will help deliver profit by using your extensive industry experience for the delivery of sound risk selection advice for our underwriters. You will also provide excellent loss prevention advice for our clients to help avoid losses and ensure business continuity.

How you'll make an impact:

• Perform both operational and construction field surveys of Powergen sites, determine inherent risk and audit all departments to verify effectiveness of risk prevention & mitigation controls
• Develop loss prevention recommendations, to reduce the risk of property damage and business interruption.
• Present survey results to site management focusing on the risk analysis, conclusions and loss prevention recommendations.
• Complete report writing in an accurate and timely fashion using AIG report format, loss estimation methods and software, and AIG risk rating tools.
• Carry out desk top risk analysis by reviewing, interpreting and summarizing third party, technical risk information.
• Explain survey and desk top analysis to your underwriters.
• Manage survey programs for your assigned industry clients, including service plan development, service co-ordination, report reviews & stewardship meetings.
• Produce Account Summary Reports (ASRs) and explain them to your underwriters so they can make profitable underwriting decisions.
• Peer review completed survey reports & account reviews.
• Learn from losses, understanding the root causes and how they could have been avoided: Apply that learning in your work.

What you'll need to succeed:

• At least 10 years of industrial experience in power plant or within a boiler/gas turbine or electrical transformer manufacturer.
• Operational, HSE or maintenance management experience.
• Ability to work in our London, Fenchurch Street office at least 3 days per week in a face-to-face team environment.
• Excellent knowledge of engineering concepts, standards, practices, procedures & techniques and the enthusiasm to learn more!
• Excellent verbal, written and presentation communication skills.
• Excellent organisational, documentation and IT skills.
• Ability to lead insurance risk surveys in the field, quickly building effective working relationships to gain information & understanding.
• Ability to clearly explain technical issues to underwriters & clients and especially the impact on loss potential.
• Ability to deliver survey reports and account reviews on-time.
• Able to undertake international travel for up to 90 days per year.
• Must be able to perform physical activities required for the position (i.e. be on feet and walking 8-10 hours a day, climbing ladders, being at high elevations), wearing all required safety equipment (hard hat, safety shoes, overalls, safety glasses and hearing protection), insite and outside in different countries and climates.

Other advantageous experience:

• Knowledge/experience of a range of power station types including conventional thermal, nuclear & renewable power generation facilities.
• Experience of power generation design/construction projects.
• Previous experience of working for a major insurance carrier, broker or loss adjuster.
• Graduate Electrical or Mechanical engineer.
• Working across a range of global cultures.
• Other working languages would be an advantage.

#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

Functional Area:

Join us as a Power Generation Risk Engineer and join a world class team with a truly global business.

Make your mark in Risk Engineering:

As a Power Generation Risk Engineer you will help deliver profit by using your extensive industry experience for the delivery of sound risk selection advice for our underwriters. You will also provide excellent loss prevention advice for our clients to help avoid losses and ensure business continuity.

How you'll make an impact:

• Perform both operational and construction field surveys of Powergen sites, determine inherent risk and audit all departments to verify effectiveness of risk prevention & mitigation controls
• Develop loss prevention recommendations, to reduce the risk of property damage and business interruption.
• Present survey results to site management focusing on the risk analysis, conclusions and loss prevention recommendations.
• Complete report writing in an accurate and timely fashion using AIG report format, loss estimation methods and software, and AIG risk rating tools.
• Carry out desk top risk analysis by reviewing, interpreting and summarizing third party, technical risk information.
• Explain survey and desk top analysis to your underwriters.
• Manage survey programs for your assigned industry clients, including service plan development, service co-ordination, report reviews & stewardship meetings.
• Produce Account Summary Reports (ASRs) and explain them to your underwriters so they can make profitable underwriting decisions.
• Peer review completed survey reports & account reviews.
• Learn from losses, understanding the root causes and how they could have been avoided: Apply that learning in your work.

What you'll need to succeed:

• At least 10 years of industrial experience in power plant or within a boiler/gas turbine or electrical transformer manufacturer.
• Operational, HSE or maintenance management experience.
• Ability to work in our London, Fenchurch Street office at least 3 days per week in a face-to-face team environment.
• Excellent knowledge of engineering concepts, standards, practices, procedures & techniques and the enthusiasm to learn more!
• Excellent verbal, written and presentation communication skills.
• Excellent organisational, documentation and IT skills.
• Ability to lead insurance risk surveys in the field, quickly building effective working relationships to gain information & understanding.
• Ability to clearly explain technical issues to underwriters & clients and especially the impact on loss potential.
• Ability to deliver survey reports and account reviews on-time.
• Able to undertake international travel for up to 90 days per year.
• Must be able to perform physical activities required for the position (i.e. be on feet and walking 8-10 hours a day, climbing ladders, being at high elevations), wearing all required safety equipment (hard hat, safety shoes, overalls, safety glasses and hearing protection), insite and outside in different countries and climates.

Other advantageous experience:

• Knowledge/experience of a range of power station types including conventional thermal, nuclear & renewable power generation facilities.
• Experience of power generation design/construction projects.
• Previous experience of working for a major insurance carrier, broker or loss adjuster.
• Graduate Electrical or Mechanical engineer.
• Working across a range of global cultures.
• Other working languages would be an advantage.

#LI-AIG

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world’s most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The talent of our people is one of AIG’s greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

Functional Area:

UW - UnderwritingAIG Europe S.A. (U.K. Service Branch) & American International Group UK Ltd