Underwriter - Power & Renewables

Energy Vault; London; On-site; GBP 60,000 - 90,000; Full time

Job summary

A leading insurance company is seeking an INTL Underwriter II to support their Power & Renewables business goals. In this role, you will underwrite and develop a profitable portfolio while ensuring compliance with best practice policies. The successful candidate will possess strong analytical skills, an in-depth understanding of the energy sector, and be a proactive team player.

Qualifications

• In-depth knowledge of Power Generation and Renewable Energy business.
• Experience in developing relationships with internal and external customers.
• Ability to implement improved internal processes.

Responsibilities

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

Skills

Analytical abilities

Attention to detail

Communication skills

Relationship management

Prioritisation

Job description

INTL Underwriter II - UW08WZ

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

• 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

• Develop and research business opportunities both through London Market brokers and Hartford International Offices

• Use technical expertise to select and underwrite profitable new opportunities for the portfolio and ensure the future retention of existing clients

• Work with engineering to analyse account risk management features, benchmark sectors and technologies and keep abreast of industry developments

• Keep appraised of individual claims and trends within the portfolio and to liaise with the claims team as necessary to ensure appropriate settlement of claims, including ‘lessons learned’ outcomes with the claims and engineering teams

• Ensure compliance with The Hartford’s best practice, underwriting policies and controls and Lloyd’s regulations at all times

• Assist in further development of systems for the monitoring and reporting of aggregate exposures

• Support the development and ongoing review of technical pricing models

• Support the monthly reporting to management on developments in the Power and Renewables markets including detailed portfolio updates

• Contribute, as required, to the quarterly and annual reporting of underwriting results

• Participate as required in various committees, including underwriting, engineering, operations and risk management

• Help to mentor and educate more junior team members as required

• Support thought leadership activities through the attendance and/or active participation at conferences and client events

Qualifications & Capabilities

• To possess an in-depth knowledge of the Power Generation and Renewable Energy business

• Ability to develop and sustain relationships with internal and external customers

• Ability to prioritise and organise workload

• Good analytical abilities and attention to detail

• Team player with the ability to work on a stand-alone basis

• Good communication skills

• Experience of identifying and implementing improved internal processes

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