Underwriter, Natural Resources

Canopius Group; Singapore; Hybrid; SGD 120,000 - 190,000; Full time

Benefits offered by this job

Hybrid working

Competitive base salary

Pension contributions

Flexible benefits

Discretionary bonus

Health insurance (family)

Job summary

Canopius Group’s APAC Natural Resources division seeks a skilled Power & Renewables Underwriter to drive profitable growth across onshore power and renewables in the region. You will assess risks, collaborate with the London team, and build strong relationships with clients and brokers while upholding underwriting guidelines and regulatory compliance.

The role supports hybrid working and offers exposure to APAC/MENA markets.

Qualifications

• Proven underwriting or broking experience in the Power or Renewables and Singapore Insurance market.
• Contribute to long-term success of the overall business through business planning, organisation and development.
• Confident and good communication skills to collaborate with colleagues and external stakeholders.
• Strong working knowledge of MS Office (Outlook / Word / Excel / PowerPoint).
• Active involvement and market player in APAC region are essential.
• Lloyd’s and London market experience would be an advantage.
• Strong IT skills, literacy, numerate and having analytical and negotiation skills.
• Ability to build relationships, with capacity to travel and undertake marketing.
• Ability to work under pressure, able to commit to and meet deadlines.
• Able to take initiative and be a decision maker.
• Adaptable and flexible to the needs of the business

Responsibilities

• Develop the Power & Renewable energy business and proposition in APAC & MENA, as per the Global/Regional Natural Resources SBF Management Plan.
• Work in close cooperation within London team and work within underwriting guidelines and risk appetite philosophy.
• Evaluate insurance risks in accordance with the Business Plan and personal authority to meet business objectives effectively.
• Foster and sustain robust connections with stakeholders, including clients, brokers, and team members, to enhance influence and support business initiatives.
• Establish strategic partnerships aligned with the Business Plan to facilitate the attainment of organizational goals.
• Adhere to the insurance strategy to minimize risk and achieve targets outlined in the business plan.
• Actively engage in shaping and refining strategies, knowledge, and best practices within the team.
• Advocate positively for the department, division, and company brand to effectively leverage brand recognition.
• Ensure compliance with all legal and regulatory standards to fulfil organizational obligations.
• Uphold underwriting guidelines, instructions, and best practices to reduce risk and improve operational efficiency.
• Remain knowledgeable about market dynamics and demonstrate awareness of market cycles to operate effectively.
• Encourage and develop team members.

Skills

Power & Renewables underwriting

Underwriting experience

Communication skills

Negotiation skills

Relationship building

Travel readiness

Analytical skills

Team collaboration

MS Office

Tools

MS Office

Job description

Job Description

Canopius’ market leading Natural Resources division are looking for a skilled and experienced Power & Renewables Underwriter to take on a prominent role within the APAC Natural Resources Division. As an Underwriter you will play a crucial role in driving profitable growth through underwriting new and renewal business, for a broad portfolio of APAC Power & Renewables risks including onshore conventional power and onshore renewables.

The Power & Renewables portfolio forms part of a wider Natural Resources division, with exposure to all areas of the Natural Resources Value Chain, including Power & Renewables, Downstream, Midstream & Upstream and Mining & Heavy Industries.

Responsibilities

• Develop the Power & Renewable energy business and proposition in APAC & MENA, as per the Global/Regional Natural Resources SBF Management Plan
• Work in close cooperation within London team and work within underwriting guidelines and risk appetite philosophy
• Evaluate insurance risks in accordance with the Business Plan and personal authority to meet business objectives effectively
• Foster and sustain robust connections with stakeholders, including clients, brokers, and team members, to enhance influence and support business initiatives.
• Establish strategic partnerships aligned with the Business Plan to facilitate the attainment of organizational goals.
• Adhere to the insurance strategy to minimize risk and achieve targets outlined in the business plan.
• Actively engage in shaping and refining strategies, knowledge, and best practices within the team.
• Advocate positively for the department, division, and company brand to effectively leverage brand recognition.
• Ensure compliance with all legal and regulatory standards to fulfil organizational obligations.
• Uphold underwriting guidelines, instructions, and best practices to reduce risk and improve operational efficiency.
• Remain knowledgeable about market dynamics and demonstrate awareness of market cycles to operate effectively.
• Encourage and develop team members.

Qualifications

Skills & Experience

• Proven underwriting or broking experience in the Power or Renewables and Singapore Insurance market with a good understanding of market dynamics.
• Contribute to long-term success of the overall business through business planning, organisation and development
• Confident and good communication skills to collaborate with colleagues and external stakeholders
• Strong working knowledge of MS Office (Outlook / Word / Excel / PowerPoint).
• Active involvement and market player in APAC region are essential
• Lloyd’s and London market experience would be an advantage.
• Strong IT skills, literacy, numerate and having analytical and negotiation skills.
• Ability to build relationships, with capacity to travel and undertake marketing
• Ability to work under pressure, able to commit to and meet deadlines.
• Able to take initiative and be a decision maker.
• Adaptable and flexible to the needs of the business

Benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, pension contributions, flexible benefits, discretionary bonus, insurances including health (family) cover, and many other benefits to enhance financial, physical, social and psychological health.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio‑economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.