Underwriter/Senior Underwriter - Onshore Energy

Roles and Responsibilities

- To write profitable Power & Renewable Energy business in line with the underwriting plan, using professional judgement to achieve the target premium revenue, return on premium and business growth;
- To manage underwriting risk exposures through aggregate limits and reinsurance, examine departmental practices and procedures with a view to delivering efficiencies and provide support to CUO including updating and regular maintenance of the underwriting manual;
- Work with Risk Engineering to assess risk quality and appetite for Power & Renewable Energy risks;
- Oversight of reinsurance reporting including treaty and FAC, collection of reinsurance, consortium fees and profit commissions plus oversight of Credit Control function and reporting;
- Support the renewal process of all Technical Risks Onshore Reinsurance Treaties as well as involvement in strategic initiative planning, implementation and monitoring. Combined with maintaining Minimum Underwriting Standards – (Lloyds interface) and coordinate and assist in monthly production updates and provide all ad-hoc assistance including projects.

Experience Required

- Minimum 5 years’ Underwriter experience within the class of business or with a property background looking to transition to Energy;
- Up-to-date knowledge of claims to inform future underwriting decisions.

Skills

• Analytical and problem solving skills;
• Negotiation, judgment and decision making skills;
• Strong numeracy skills;
• Professional business writing and presentation skills;
• Strong communicator, both written and oral;
• Technical coaching;
• Business development; and
• Report writing.