Underwriter - Sustainable Energy & Power

Markel Corporation; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

Markel Corporation in Singapore seeks a technically skilled underwriter for Renewable Energy responsibilities across APAC. You will develop the Singapore market strategy, build broker relationships, and travel for representation at meetings and conferences.

The role requires strong numerical/analytical ability, excellent communication, and a proactive approach to growing a profitable book while maintaining risk discipline.

Qualifications

• Experience in Renewable Energy and/or Power insurance markets.
• Detailed understanding of underwriting with awareness of risk factors and global market context.
• Strong numerical and analytical abilities.
• Excellent communication skills with stakeholder engagement.
• Willingness to develop a Singapore and international distribution network.

Responsibilities

• Develop underwriting strategy and business plan for Singapore and APAC.
• Foster relationships with new and existing brokers.
• Promote products through events and meetings, including international travel.
• Apply sound underwriting judgment while monitoring performance against plan.
• Implement risk management practices and governance controls.
• Provide underwriting support to overseas offices and handle referrals.
• Develop associates to reach their potential and improve processes.
• Monitor portfolio performance and drive end-to-end process improvements.
• Prioritise exceptional customer experience with fast response times.

Skills

Renewable Energy underwriting

Analytical ability

Communication skills

Distribution network

Proactive attitude

Job description

We are growing our team to further strengthen our market presence and respect in the line of business underwritten in order to further develop that line of business within agreed business plan parameters. Who we are: Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

Divisional and Team overview: Renewable Energy is part of the Sustainable Energy and Power division, a subset of the Marine & Energy division of Markel International’s Wholesale book. We have staff around the world with a significant presence in Asia and the US, in addition to the London market, and can write business on both Company and Syndicate 3000 paper at Lloyd’s. Our teams operate as ‘One Wholesale’, working together towards our goal to be one of the world’s great speciality insurers. We work collaboratively both within Wholesale and across the wider Markel organisation, and because we work as one, we can create the best solutions possible for our clients and provide exceptional development opportunities for our staff.

We are committed to technical underwriting and support our decision making with experienced engineering expertise. Our customers are the most valuable stakeholders in the value chain and we work closely with our claims team to deliver the best possible experience. A great emphasis is placed on long term partnerships with both brokers and assureds and we travel extensively to build and maintain distribution networks and client relationships across the Globe.

What we ask of you:

• Work with your line manager and Director for Energy and Power to develop and implement the underwriting strategy and business plan for the Singapore market and APAC region, building a long-term and profitable book of business.
• Develop strong relationships with new and existing brokers.
• Be active in marketing our products, including international travel and representing Markel as required in meetings, conferences and other such events.
• Demonstrate sound underwriting judgement whilst continuously scrutinizing performance against plan and adjusting approach as required.
• Apply appropriate risk management practices including aggregation management, governance controls and any measures required to monitor exposures within plan / agreed limits.
• Providing underwriting support to overseas offices and handling of referral approvals
• Champion continuous development of associates to ensure all team members reach their potential
• Monitor and report on portfolio performance.
• Seek and implement continuous improvements in end-to-end processes and data management.
• Prioritise customer experience with best-in-class response times to all stakeholders.

What you will bring to the role:

• Have proven experience within the Renewable Energy and / or Power insurance market –
• Have a detailed understanding of the business line with a technical grasp of current risk factors and underwriting concerns, as well as an understanding of the global insurance marketplace
• Demonstrate strong numerical and analytical ability.
• Have excellent communication skills.
• Have in place and/or willingness to develop a network of Singapore and international distribution channels.
• Demonstrate being an active member of a team and contribute in an open environment
• Be enthusiastic, proactive, and someone who strives for excellence in everything they do.

Markel celebrates the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background,

We are also supportive of candidates looking for flexible working patterns.

We are a Disability Confident Committed employer which means we want to ensure that you have a positive experience applying for a role at Markel and are able to perform at your best.

If there are any adjustments, we can reasonably make to ensure that the process is accessible for you at every stage please email [e-mail].