Senior Risk Engineer - Power & Renewables

Limited; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Risk Engineer to support evidence-based underwriting decisions in the Power & Renewables sector. This role involves close collaboration with underwriting and claims teams, focusing on risk appraisal and technology development. You will play a pivotal role in enhancing tools for risk assessment and contribute to strategic risk engineering initiatives. The ideal candidate will have a strong engineering background and excellent communication skills, ready to engage with clients and internal teams alike. Join a forward-thinking company dedicated to making a difference in the insurance landscape.

Qualifications

• Degree in Mechanical or Electrical Engineering preferred.
• Deep knowledge of causes of losses in Power & Renewables.

Responsibilities

• Review and assess technical underwriting information for Power & Renewables.
• Enhance existing tools for risk appraisal in Power & Renewables.

Skills

Analytical Skills

Communication Skills

Problem-Solving Skills

Networking Skills

Organizational Skills

Education

Degree in Mechanical Engineering

Degree in Electrical Engineering

Job description

INTL Senior Risk Engineer - KR07YY

We’re committed to making a difference and are proud to be an insurance company that goes beyond coverages and policies. Working here provides opportunities to achieve your goals and help others accomplish theirs. Join our team as we shape the future.

Role Overview: To utilize proven industry knowledge and technical insight, working alongside internal Power & Renewables stakeholders to support evidence-based underwriting decisions. You will play a key role in The Hartford’s aim to underwrite human achievement and be the Insurer of the Transition.

The role reports directly to the Chief Risk Engineer, Marine & Energy International, with daily operational activities under the guidance of Power & Renewables Underwriters. It involves close cooperation with the London-based Underwriting and Claims teams and regular liaison with the US Risk Engineering Team.

Job Responsibilities & Competencies

• Review and assess technical underwriting information from brokers and clients to inform Power & Renewables underwriters, primarily for Property Damage (Operational & Construction) and BI/DSU, including other coverages like Liability and Cyber.
• Enhance existing tools for risk appraisal in Power & Renewables, including exposure quantification and risk quality assessment.
• Support the Chief Risk Engineer in technology development, emerging risks analysis, and strategic risk engineering development.
• Assist claims professionals during claims management and support internal lessons learned processes.
• Utilize internal and third-party data to improve understanding of sector risks and causes of loss.
• Participate in client facility visits, contribute to market survey reports, and provide risk management services where appropriate.
• Share knowledge and liaise with Hartford Risk Engineering practitioners across business units.
• Collaborate with colleagues from actuarial, claims, data analysis, IT, and risk management to integrate risk engineering insights into decision-making processes.
• Engage in industry committees, conferences, and contribute articles on risk and insurance in Power & Renewables.
• Support colleagues' professional development through knowledge sharing, guidance, and coaching.
• Pursue ongoing professional development through training, education, and professional memberships.

Qualifications & Capabilities

• Degree in Mechanical or Electrical Engineering preferred.
• Understanding of general insurance principles.
• Deep knowledge of causes of losses in Power & Renewables.
• Willingness to expand knowledge in technical, reliability, operational safety, and insurance issues.
• Excellent communication skills and ability to work with various organizational levels.
• Ability to develop and maintain relationships internally and externally.
• Strong organizational and prioritization skills.
• Team player with the ability to work independently.
• Networking skills and flexibility for overseas and UK client surveys.
• High analytical and problem-solving skills.

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