(Senior) Underwriter - Upstream/Midstream Energy

High Finance (UK) Limited T/A HFG; Greater London; On-site; GBP 80,000 - 110,000; Full time

Job summary

Lloyd's Syndicate is seeking a (Senior) Underwriter to lead Energy risk underwriting across Upstream, Midstream and Renewables on a global basis. The role demands strong broker relationships and extensive syndicate experience in pricing and risk assessment.

You will mentor junior underwriters, drive portfolio strategy, renewals, and market engagement, while ensuring compliance with industry standards and regulatory requirements.

Qualifications

• Experience underwriting upstream, midstream and renewables energy risks within a Syndicate environment.
• Strong broker contacts and market engagement capabilities.
• Proven ability to lead renewals and manage energy portfolios across global markets.

Responsibilities

• Underwrite complex global upstream, midstream and renewable energy risks in line with strategy and authority limits.
• Lead renewal negotiations and develop long-term client relationships.
• Conduct risk reviews including pricing and rate adequacy analysis and exposure assessment.
• Ensure underwriting decisions and administration meet market, regulatory and internal standards.
• Contribute to underwriting strategy, portfolio plans and business objectives.
• Monitor portfolio performance and identify profitability and diversification opportunities.
• Mentor and coach junior underwriters and promote collaboration across functions.

Skills

Energy underwriting

Broker relationships

Portfolio management

Pricing analysis

Stakeholder collaboration

Leadership

Job description

Exclusive Vacancy: (Senior) Underwriter - Energy (Upstream, Midstream, Renewables)
Lloyd's Syndicate
City of London

I am currently partnered with a leading Syndicate who are seeking a (Senior) Underwriter to join their Energy division.

This role will be Underwriting Upstream, Midstream and Renewable Energy risks on a global basis on Syndicate paper. They have $75m line sizes, and write a mixture of Onshore & Offshore risks.

My client is looking for an established Energy Underwriter, with experience in the above classes from a Syndicate environment & someone with strong broker contacts.

Key Responsibilities

Underwriting & Portfolio Management

• Underwrite complex global upstream and midstream energy risks in line with underwriting strategy, appetite, guidelines, and individual authority limits.
• Lead renewal negotiations and develop long-term client and account relationships.
• Conduct comprehensive risk reviews, including pricing and rate adequacy analysis, exposure assessment, and day-to-day aggregation management.
• Ensure underwriting decisions, documentation, and administration meet internal standards and relevant market and regulatory requirements.
• Contribute to the development and implementation of underwriting strategy, appetite, portfolio plans, and annual business objectives.
• Monitor portfolio performance and identify opportunities to improve profitability, diversification, and overall portfolio quality.

Market Engagement

• Build, maintain, and develop strong relationships with brokers, clients, and other key market stakeholders across the Energy sector.
• Represent the business at broker meetings, client visits, market events, and industry forums.
• Support the Head of Energy in developing the team's profile and market reputation across the Lloyd's and London Market.
• Identify new business opportunities that align with the team's underwriting strategy and risk appetite.

Analytics, Reporting & Research

• Undertake portfolio analysis, market intelligence, and industry research to support informed and commercially sound underwriting decisions.
• Produce regular and ad-hoc management information, portfolio analysis, performance reporting, and regulatory submissions as required.
• Support the preparation and presentation of materials for reinsurance renewals and other portfolio reviews.
• Work closely with Actuarial, Claims, Loss Modelling, Wordings, and other technical specialists to support a comprehensive approach to portfolio management.
• Use data and market insight to identify emerging risks, trends, and opportunities within the upstream and midstream Energy sector.

Leadership, Coaching & Collaboration

• Mentor and support junior underwriters, contributing to their technical and professional development.
• Share knowledge and best practice across the Energy team and contribute to relevant training initiatives.
• Lead by example, demonstrating professionalism, integrity, sound judgement, and a commitment to high performance.
• Promote effective collaboration across underwriting and wider business functions, including Claims, Wordings, Loss Modelling, and Actuarial.
• Contribute positively to the development of a high-performing and collaborative team culture.