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- Tasks: Join our team as an Underwriter, visiting project sites and building client relationships.
- Company: Work with a Major Global insurer in the Operational Power & Utilities sector.
- Benefits: Enjoy travel opportunities, marketing trips, and conferences while growing your network.
- Why this job: Be part of a dynamic team managing a global portfolio with significant impact in renewables.
- Qualifications: Previous Power and Utilities underwriting experience is preferred; heavy industry/energy backgrounds are welcome.
- Other info: Collaborate with catastrophe modellers and engineers for profitable underwriting.
The predicted salary is between 48000 - 84000 £ per year.
We are working with a Major Global insurer , who are looking to hire an Underwriter for a key role in their Operational Power & Utilities team which will include some Renewables. We are looking for someone that can visit project sites, establish meaningful connections, and have regular meetings with clients. This is an established Global portfolio, the US is the dominant territory involving a lot of Quota Share and excess risks. Given the strength of relationships you will often be quoting lead terms on major risks. You will be encouraged to make use of your current broker network, helping to maintain and grow the portfolio profitability as well as ensuring the retention of renewal business. The individual must be meticulous, with the support of a catastrophe modeller and engineer to support the profitable underwriting. In addition, you will be given the opportunity to travel, take part in marketing trips and conferences.
This role is looking for someone that has previous Power and Utilities underwriting experience although underwriters from a heavy industry/energy background will be considered.
Underwriter employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter
✨Tip Number 1
Leverage your existing broker network to establish connections with potential clients. This will not only help you in understanding the market better but also position you as a knowledgeable candidate who can bring valuable relationships to the team.
✨Tip Number 2
Familiarize yourself with the latest trends and developments in the Power & Utilities sector, especially in renewables. Being well-versed in current industry challenges and innovations will demonstrate your commitment and expertise during discussions.
✨Tip Number 3
Prepare to discuss your previous underwriting experiences in detail, particularly any relevant projects you've worked on. Highlighting specific examples of how you've successfully managed risks or built client relationships will set you apart.
✨Tip Number 4
Show enthusiasm for travel and attending industry conferences. Expressing your willingness to engage with clients face-to-face and participate in marketing efforts will reflect positively on your proactive approach to the role.
We think you need these skills to ace Underwriter
Some tips for your application 🫡
Highlight Relevant Experience: Make sure to emphasize your previous experience in Power and Utilities underwriting or related heavy industry/energy backgrounds. Use specific examples that demonstrate your expertise and how it aligns with the role.
Showcase Relationship Building Skills: Since the role involves establishing meaningful connections with clients, include examples of how you've successfully built and maintained relationships in past positions. This could be through client meetings, networking events, or collaboration with brokers.
Detail Your Analytical Skills: As the position requires meticulousness, provide examples of how you have used analytical skills in underwriting processes. Mention any experience with catastrophe modelling or working alongside engineers to support profitable underwriting.
Express Willingness to Travel: Since the role offers opportunities for travel and participation in marketing trips and conferences, express your enthusiasm for these aspects in your application. Highlight any relevant travel experience that showcases your adaptability and willingness to engage with clients on-site.
How to prepare for a job interview at IPS Group
✨Show Your Industry Knowledge
Make sure to demonstrate your understanding of the Power & Utilities sector. Be prepared to discuss recent trends, challenges, and innovations in the industry, especially regarding renewables.
✨Highlight Your Networking Skills
Since building relationships is key for this role, share examples of how you've successfully established connections with clients or brokers in the past. This will show that you can leverage your network effectively.
✨Prepare for Technical Questions
Expect questions related to underwriting processes, risk assessment, and portfolio management. Brush up on your technical knowledge to confidently answer these queries and showcase your expertise.
✨Emphasize Your Attention to Detail
Given the meticulous nature of underwriting, be ready to provide examples of how your attention to detail has positively impacted your previous work. This could include successful risk evaluations or maintaining high standards in documentation.
