Senior Underwriter - Power & Renewables

The Hartford; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in London is seeking a Senior Underwriter to manage a profitable portfolio in Power & Renewables. The role involves negotiating, underwriting, and developing business opportunities while ensuring compliance with policies and regulations. Ideal candidates will possess strong analytical skills, effective communication, and a deep understanding of the energy sector.

Qualifications

• Deep knowledge of Power Generation and Renewable Energy sectors.
• Experience in improving internal processes.

Responsibilities

• Negotiate, underwrite, and develop a profitable portfolio of Power & Renewables business.
• Support the delivery of the Power & Renewables business plan.
• Mentor and educate junior team members as needed.

Skills

Analytical Skills

Communication

Organizational Skills

Relationship Building

Attention to Detail

Job description

INTL Senior Underwriter II - UW07YY

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

This role will be based in London, UK, and you are required to have the necessary right to work details prior to application.

To negotiate, underwrite, and develop a profitable portfolio of Power & Renewables business and offer outstanding service to our brokers and customers. To play a key role in supporting The Hartford’s stated aim of being The Insurer of the Transition.

Job Responsibilities

1. Use granted underwriting authority to support the delivery of the Power & Renewables business plan. Assist in producing the annual business plan and actively contribute to the strategic direction of the portfolio.
2. Develop and research business opportunities through London Market brokers and Hartford International Offices.
3. Use technical expertise to select and underwrite profitable new opportunities for the portfolio and ensure the retention of existing clients.
4. Work with engineering to analyze account risk management features, benchmark sectors and technologies, and stay updated on industry developments.
5. Keep informed of individual claims and trends within the portfolio and liaise with the claims team to ensure appropriate settlement, including lessons learned with claims and engineering teams.
6. Ensure compliance with The Hartford’s underwriting policies, controls, and Lloyd’s regulations at all times.
7. Assist in developing systems for monitoring and reporting aggregate exposures.
8. Support the development and review of technical pricing models.
9. Support monthly reporting to management on Power and Renewables market developments, including detailed portfolio updates.
10. Contribute to quarterly and annual underwriting results reports.
11. Participate in various committees, such as underwriting, engineering, operations, and risk management.
12. Mentor and educate junior team members as needed.
13. Support thought leadership through participation in conferences and client events.

Qualifications & Capabilities

1. Deep knowledge of Power Generation and Renewable Energy sectors.
2. Ability to build and maintain relationships with internal and external stakeholders.
3. Strong organizational and prioritization skills.
4. Good analytical skills and attention to detail.
5. Team-oriented with the ability to work independently.
6. Effective communication skills.
7. Experience in improving internal processes.