Senior Renewable Energy Underwriter

Howden; City Of London; On-site; GBP 60,000 - 80,000; Full time

Job summary

An international insurance group in London seeks a Senior Underwriter specializing in Renewable Energy. This role involves developing business relationships, underwriting projects, and ensuring targets are met. Candidates should possess strong communication and negotiation skills, along with a robust understanding of the insurance market. The position is full-time with competitive benefits.

Benefits

Private medical insurance

Volunteer leave

Critical illness cover

Qualifications

• Highly engaging communicator with excellent inter-personal skills.
• Experience in underwriting renewable energy contractors.
• Ability to influence and negotiate effectively.

Responsibilities

• Generate and underwrite renewable energy business.
• Develop strong relationships with brokers.
• Work with Trading and Portfolio Directors to develop skills.

Skills

Engaging communication

Influence and negotiation

Analytical thinking

Self-motivated

Political awareness

Education

Experience in the insurance industry

Job description

Helping you do more

DUAL is a different kind of MGA and has been since day one in 1998. We’ve built our business on the idea that when industry expertise, intelligent underwriting and an entrepreneurial mindset come together, insurance can help our partners thrive. Today that philosophy is as relevant as ever. Our intermediary and carrier partners around the world rely on our underwriting teams to take initiative, lean into the challenges of an increasingly complex world, and respond to our clients’ emerging needs.

A career that grows with you

DUAL is a place where you can bring your whole self to work – a people-first company that helps you be the best you can be.

Senior Underwriter – Renewable Energy

• As a Senior Underwriter within the Renewable Energy business for the UK, your role is pivotal to developing new business, meeting targets in line with the business plan.

Role overview

To develop strong business relationships for project and operational renewable energy risks with brokers and service providers. To deliver strategic planning, development and execution of business development, ensuring DUAL UK reaches its targets in line with its published business plan within agreed strategies and underwriting binder limits, guidelines, maximising profitable opportunities. To act as a referral point and role model to other members of the underwriting team.

Role responsibilities

• Generate and underwrite project and operational renewable energy business in accordance with the business plan and profile of target insurance business set by Dual UK, and in accordance with the binding authority granted to the company.
• To develop an effective annual business activity planning process with our brokers and assist to develop a good knowledge of DUAL’s Underwriting’s overall business plans, processes and key contacts.
• Working with stakeholders to ensure efficient delivery of business plans.
• To work with new and existing broker panel to forge relationships and trust and extend the panel to include new brokers.
• To act as a referral point for underwriters and assistant underwriters within the team
• Undertake peer reviews of other members of the Construction team
• Display positive traits as a role model to other members of the team
• Work with the Trading and Portfolio Directors on a regular basis to help develop the DUAL’s renewable energy team members skills and knowledge
• To produce and maintain underwriting files for both internal and external viewing and to prepare for audit.
• Perform underwriting checks/ research prior to quoting.
• Work with various binders under the Underwriters responsibilities.
• Due to the size of the organisation the Underwriter will be expected to assist other product areas where required.
• To actively sell and promote DUAL UK products and services to brokers.
• To identify ways in which the team and each broker can work smarter together for mutual benefit.
• To understand how each broker evaluates insurers against the demands and needs of customers, and/or the attractiveness of insurers generally.
• To develop an effective Portfolio New Business and Renewal planning process with broker.
• To conduct broker research into business development opportunities thereby creating opportunities for the business in the process.
• To maintain accurate and timely Management Information, monitoring the development of the broker’s account including credit performance and to communicate/feedback.
• Remain compliant with FCA requirements at all times.
• To share ideas, best practice and other information within the wider team, especially where relevant to the relationship with brokers.

Key requirements

• Highly engaging communicator with excellent inter-personal skills.
• Approachable and consistent
• Strong ability to influence and negotiate with brokers, underwriters and service providers.
• Analytical and creative thinker in meeting Underwriting needs whilst working in partnership with brokers.
• Ability to understand the needs of each Underwriting line on a portfolio basis.
• Self-motivated.
• Ability to motivate and gain buy-in from others effectively.
• Committed to learning and development i.e. continual professional development.
• Politically astute regarding the insurance market.
• To work with confidence, embrace change, be inquisitive, resilient, imaginative and direct.
• Ability to work quickly, efficiently and methodically.
• Ability to communicate theories and ideas.
• Experience in the insurance industry with a broad range of experience in, policy work and preparation, basic accounts and claims.
• Sound product awareness with significant experience of underwriting renewable energy contractors and operational risks to which the job holder is responsible for.

About DUAL

Working across 21 countries, DUAL has built a reputation as a specialist underwriting group
and the market of choice for insurance intermediaries around the world. That’s how
we have become one of the world’s largest international underwriting agencies (or MGAs) with US$3.5bn of GWP.

DUAL is part of Howden, an international insurance group with employee ownership at its heart. The group was founded in 1994 and now has divisions in broking and underwriting, operates in 55 territories and employs over 19,000 people handling US$42bn of premium on behalf of clients.

What do we offer in return?

A career that you define.

Yes, we offer all the usual rewards and benefits - including great healthcare provision, a wide variety of wellbeing offers, competitive salary, generous pensions and more - but we know you expect all that.

What you might not expect is a job where everyone has a voice, where volunteering in
the community is part of the day job, and
where everyone is encouraged to play a part towards our sustainability goals. We want people who want to make a difference - not just in
the workplace, but in the industry and in the
wider community.

Our culture: people first

Our core values dictate how we live and work. We’re a group with independence and people
at its heart and we’re a home for talent with a unique culture: the biggest small company in
the world.

The focus on being a people-first business has always been at the very heart of the group; Our vision was to create an independent business with a unique culture and one that would survive and thrive as a business controlled by the people working for it. And finding the most talented and entrepreneurial people to join the group has been and will continue to be key.

Diversity and inclusion

At DUAL, we consider our people our chief competitive advantage and, as such, we treat colleagues, candidates, clients and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.

Get in touch

If you’re interested in this opportunity,
please send your CV to us at [e-mail] or apply on our careers page.

DUAL is where ambitious people thrive

There’s an independent spirit and an entrepreneurial feel that run throughout the business. You’ll have greater freedom to use your talents to help clients and colleagues do more. We believe that’s fundamental to realising our vision to be the world’s best underwriting business.

Working here is rewarding

As well as job satisfaction and a stimulating culture, working at DUAL comes with all the benefits you’d expect from a global business – and some you wouldn’t.

— Family-first policies that support you through all of life’s milestones

— Health and wellbeing benefits including private medical insurance and more

— Critical illness and life insurance cover to give you extra financial security

— A choice of rewards for every five years of service, including shares

— Volunteer leave so you can make a difference outside of work too

Reasonable adjustments

At DUAL, we're committed to providing reasonable accommodations to make sure our positions align with our people’s needs. For example, we can always make adjustments to your office set-up – your software, hardware, desk and so on. We may also be able to offer flexible hours or hybrid working depending on your role and location. If you're excited about this position but have doubts as to how ‘workable’ it is for you, please send us your application. If your profile fits the criteria, we’ll be happy to chat about any reasonable accommodations you may need.

The power to change our world

As a business, DUAL is about taking action. It’s fundamental to our entrepreneurial spirit, and it doesn’t just apply during office hours. It relates to the communities we move in and the world we live in. That’s why we constantly strive to be a force for good.

Permanent