Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our London team to underwrite Energy Specialty lines and build client relationships.
- Company: Avencia Consulting partners with a leading Underwriter focused on Energy Transition.
- Benefits: Enjoy a dynamic work environment with opportunities for growth and networking.
- Why this job: Be part of the energy transition movement while developing your career in a supportive team.
- Qualifications: Bachelor's degree and 3 years' experience in underwriting or broking required.
- Other info: Opportunity to mentor junior team members and engage in strategic business initiatives.
The predicted salary is between 48000 - 72000 £ per year.
Avencia Consulting are recruiting on behalf of a well established Underwriter who are hiring for an Energy Underwriter to join their London team. We are looking for someone with experience in offshore or upstream underwriting/broking experience, with a passion for Energy Transition.
The primary purpose of the role is to assist in underwriting a portfolio of Energy Specialty lines of business.
Key accountabilities:- Participate in the underwriting process, evaluation, and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language.
- Assist and work with risk modeling and pricing tools.
- Originate, leverage, build and maintain broker and client relationships.
- Monitor market developments and remain current regarding knowledge of all relevant classes of business and legislated and regulatory changes / requirements.
- Ensure accuracy and integrity of underwriting data in group underwriting systems.
- 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.
- Supervising and/or mentoring junior members of the team.
- Ensure compliance with internal and external underwriting regulations, liaising as appropriate with external bodies such as brokers, clients, auditors, and regulators as required.
- Assist with strategic initiatives as needed to promote business growth.
- Bachelor's Degree or equivalent and progress towards ACII or other relevant commercial insurance industry designations.
- Minimum of 3 years' experience in a broking or underwriting capacity in the relevant line of business.
- Previous London Insurance Market experience highly desirable.
- Team player with the ability to work flexibly to meet business needs as required.
- Good knowledge of commercial insurance and regulatory requirements.
- Established networks and strong existing relationships with brokers and clients, and ability to independently manage meetings.
- Proficient understanding of the international underwriting marketplace.
- Excellent analytical skills, with a working knowledge of and ability to interpret the outputs of pricing models, and the statistical skills necessary to perform analyses on first principles.
- Proven negotiator, with demonstrated ability to attract new business and retain clients.
- Basic competency in MS Office applications: Word, Outlook, Excel and Adobe Standard required.
- Excellent written and oral communication skills when dealing with key stakeholders internally and externally.
- Strong interpersonal skills in order to work effectively and professionally with diverse groups.
Contact Detail:
Avencia Consulting Services Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Energy Underwriter
✨Tip Number 1
Network actively within the London Insurance Market. Attend industry events, conferences, and seminars related to energy underwriting to meet potential colleagues and clients. Building relationships in person can significantly enhance your chances of landing the job.
✨Tip Number 2
Stay updated on the latest trends and developments in the energy sector, particularly around Energy Transition. Being knowledgeable about current market conditions and regulatory changes will demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Prepare to discuss your experience with risk modelling and pricing tools. Be ready to provide examples of how you've used these tools in previous roles, as this is a key aspect of the Energy Underwriter position.
✨Tip Number 4
Highlight your negotiation skills and any successful business development experiences. Be prepared to share specific instances where you attracted new clients or retained existing ones, as this will be crucial for the role.
We think you need these skills to ace Energy Underwriter
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in offshore or upstream underwriting. Emphasise any specific projects or roles that demonstrate your passion for Energy Transition and your analytical skills.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the key accountabilities listed in the job description, particularly your experience with risk modelling and pricing tools.
Showcase Your Relationships: Highlight your established networks and relationships with brokers and clients. Provide examples of how you've successfully managed meetings and negotiations in your previous roles to attract new business.
Demonstrate Compliance Knowledge: Include any experience you have with compliance in underwriting regulations. Mention specific instances where you liaised with external bodies or ensured adherence to internal guidelines, showcasing your attention to detail.
How to prepare for a job interview at Avencia Consulting Services
✨Showcase Your Industry Knowledge
Make sure to brush up on the latest trends in the energy sector, especially regarding Energy Transition. Demonstrating your understanding of current market developments and regulatory changes will impress the interviewers.
✨Highlight Relevant Experience
Be prepared to discuss your previous underwriting or broking experience in detail. Use specific examples that showcase your analytical skills and ability to manage client relationships effectively.
✨Prepare for Technical Questions
Expect questions related to risk modelling and pricing tools. Familiarise yourself with these concepts and be ready to explain how you've used them in past roles to support your underwriting decisions.
✨Demonstrate Your Interpersonal Skills
Since building and maintaining relationships is key in this role, be ready to share examples of how you've successfully managed client interactions. Show that you can communicate effectively with diverse groups and stakeholders.
