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- Tasks: Join us to underwrite renewable energy projects and analyze insurance data daily.
- Company: Avencia Consulting partners with a leading insurer in the heart of the City.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth and networking.
- Why this job: Make an impact in the renewable sector while developing valuable industry relationships.
- Qualifications: A university degree or equivalent insurance qualification is required, along with 3 years of experience.
- Other info: Ideal for those passionate about sustainability and eager to learn in a fast-paced setting.
The predicted salary is between 36000 - 60000 £ per year.
About us Avencia Consulting are partnered with a leading Insurer based in the City, who are looking to hire a Renewable Energy Underwriter to join. The role The primary purpose of the role is to assist in underwriting a portfolio of renewable energy business. Key accountabilities Participate in the underwriting process, assisting in the evaluation of submissions, analysing and interpreting exposures, determining coverage and contract language as well as evaluating and prioritising preparations. Assist and work with risk modeling and pricing tools. Attend underwriting business meetings as required. Leverage, build and maintain brokers relationships Work closely with other group departments to obtain and provide information as required. Monitor market developments and remain current regarding knowledge of renewables. Ensure accuracy and integrity of underwriting data in group underwriting systems. Maintain and adhere to group underwriting procedures, controls and systems under remit and report any trigger/alert factors that have the potential to negatively impact the reputation or financial position of the firm. Monitor and follow up on payments for outstanding premiums. Provide assistance to prepare and issue quotes, binders and policies on an accurate and timely basis. Expand existing portfolio of business by developing existing relationships and new prospective clients through visits, entertainment and conferences as appropriate. Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors and regulators as required.Skills & experience University degree or an equivalent insurance related qualification (i.e. ACII, CPCU). Minimum of 3 years\’ (re)insurance industry experience in either a broking or underwriting capacity Knowledge of actuarial modeling techniques and familiarity AIR pricing tools Strong negotiation skills and proven ability to effectively communicate financial data and information Excellent organisational and analytical skills with an ability to prioritise and effectively manage workload while maintaining a high level of accuracy, professionalism and confidentiality High proficiency in the Microsoft Office Suite of applications, as well as extensive computer experience with spreadsheets and database processing programs
Renewable Energy Underwriter employer: Avencia Consulting Services
Contact Detail:
Avencia Consulting Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Renewable Energy Underwriter
✨Tip Number 1
Familiarize yourself with the latest trends and developments in the renewable energy sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the field.
✨Tip Number 2
Network with professionals in the insurance and renewable energy industries. Attend relevant conferences or webinars to meet potential colleagues and learn more about the underwriting process.
✨Tip Number 3
Brush up on your negotiation skills, as they are crucial for building and maintaining broker relationships. Consider role-playing scenarios with friends or colleagues to practice.
✨Tip Number 4
Stay updated on actuarial modeling techniques and pricing tools like AIR. Familiarity with these tools will give you an edge in the underwriting process and show your commitment to the role.
We think you need these skills to ace Renewable Energy Underwriter
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Renewable Energy Underwriter position. Understand the key accountabilities and required skills, so you can tailor your application to highlight relevant experiences.
Highlight Relevant Experience: In your CV and cover letter, emphasize your (re)insurance industry experience, particularly in underwriting or broking. Mention any specific projects or roles where you utilized actuarial modeling techniques or pricing tools.
Showcase Your Skills: Demonstrate your strong negotiation skills and ability to communicate financial data effectively. Provide examples of how you've successfully managed workloads while maintaining accuracy and professionalism.
Tailor Your Documents: Customize your CV and cover letter to reflect the language and requirements mentioned in the job description. Use keywords related to renewable energy, underwriting processes, and compliance to make your application stand out.
How to prepare for a job interview at Avencia Consulting Services
✨Know Your Renewable Energy Basics
Make sure you brush up on the latest trends and developments in the renewable energy sector. Being able to discuss current market conditions and innovations will show your genuine interest and expertise in the field.
✨Familiarize Yourself with Underwriting Processes
Understand the underwriting process thoroughly, including risk assessment and pricing strategies. Be prepared to discuss how you would evaluate submissions and manage exposures effectively.
✨Highlight Your Analytical Skills
Since the role requires strong analytical abilities, be ready to provide examples of how you've used data analysis in previous roles. Discuss any experience you have with actuarial modeling techniques and pricing tools.
✨Demonstrate Relationship-Building Skills
The ability to build and maintain relationships with brokers and clients is crucial. Share specific examples of how you've successfully developed professional relationships in the past and how you plan to expand the existing portfolio.
