Underwriter - Sustainable Energy & Power

Markel; Singapore; On-site; SGD 100,000 - 180,000; Full time

Benefits offered by this job

Flexible working patterns

Disability confident employer

Job summary

Markel is expanding its Renewable Energy team in Singapore to develop a profitable, long-term underwriting book for the APAC region. You will collaborate with the Energy and Power Director to shape strategy, grow broker networks, and represent Markel at industry meetings and events.

Ideal candidates bring Renewable Energy underwriting experience, strong numerical skills, excellent communication, and a proactive, team-oriented mindset.

Qualifications

• Proven experience in Renewable Energy insurance underwriting.
• Strong numerical and analytical abilities.
• Excellent communication skills.
• Ability to develop Singapore and international distribution networks.
• Team player with a proactive attitude.
• Willingness to travel internationally for meetings.

Responsibilities

• Develop and implement underwriting strategy and business plan for Singapore and APAC.
• Build long-term profitable book of business through broker relationships.
• Market our products, including international travel and representing Markel at events.
• Apply sound underwriting judgment and monitor performance against plan.
• Implement risk management practices including aggregation governance and monitoring exposures.
• Provide underwriting support to overseas offices and handle referral approvals.
• Champion development of associates to help team reach potential.
• Monitor and report portfolio performance.
• Seek and implement end-to-end process and data management improvements.
• Prioritise customer experience with fast response times.

Skills

Renewable energy underwriting

Numerical analysis

Communication skills

Broker relationships

Team player

Proactive attitude

Travel willingness

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, if you feel you meet the requirements of this role, then we want to hear from you. 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].