Senior Underwriter /Head of Energy - Power Generation CE Region

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Lead Underwriter Energy Power Generation in our Property & Energy team for Continental Europe. Our experienced global Energy Team, backed by Sompo's financial strength, offers comprehensive underwriting across the entire Energy chain; from oil and gas extraction and refining, to emerging renewable energy solutions. Operating from different global regions we are offering tailored products and significant capacity. The Sompo Continental Europe unit has been focusing on Downstream Chemical and is extending their Energy Underwriting activities into Power Generation and Renewables. This position reports directly into the Continental Europe Head of Property & Energy.

Location: This position will be based out of one of our Continental European offices, preferably Paris, Cologne or Munich.

We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity

What you'll be doing:

1. The role will initially focus on underwriting and developing the Power and Utility sub-class portfolio including Renewables within Continental Europe (CE) with a focus on Central Europe. This includes operational risks as well as construction (CAR/EAR) risks.
2. Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by Underwriting Management.
3. Developing and shaping of underwriting strategy, regional risk appetite, technical underwriting product and guidance in collaboration with the CE Head of Property & Energy.
4. Providing meaningful advice and impact on pricing, product, and policy language development.
5. Liaise with local CE country underwriting and business development teams to analyse and support new business within the Energy industry.
6. Perform the underwriting referral function as needed with colleagues and peers in line with established authority for energy business.
7. Build-up of a strong relationship with the regional Sompo Energy teams across London, North America, Singapore, and Brazil ensuring consistent underwriting approach and sharing market/product expertise.
8. Monitor all industry and specific account trends and collaborate with our Energy Risk Engineering specialists to develop superior underwriting and industry support.
9. Represent Sompo at broker & client meetings and market events.

What you'll bring

1. 7+ years relevant experience in underwriting operational and CAR/EAR risks for Power and Utilities.
2. Preferably a Mechanical/Chemical/Electrical/Civil Engineer degree or equivalent degree with additional Experience and specific technical knowledge of underwriting global Power Generation and Renewables placements.
3. Well established relations in and understanding of the CE Energy market.
4. Relevant experience in development of product and technical underwriting guidance for Power Generation and Renewables.
5. Strong interpersonal skills to develop long-term client relationships.
6. Ability to collaborate and influence senior stakeholders within a regional team environment.
7. Ability to analyse highly complex data, from multiple sources, in detail.
8. Excellent language and communication skills in English and ideally in German and/or French.

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

• Expansive Health & Wellness Benefits
• Generous Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance

In today's world, what do we stand for? We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multicultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.

About Us

Expert Partners.

Clarity in complexity.

Unwavering commitment.

We're Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings' 130 years of innovation, we're committed to applying all of our experience to simplify yours. Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve. We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs. Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges. Because when you choose Sompo, you choose the ease of expertise. To learn more about visit our website at www.sompo-intl.co