At a Glance
- Tasks: Negotiate and underwrite a profitable portfolio in Power & Renewables while providing excellent service.
- Company: Join a forward-thinking insurance company committed to making a positive impact.
- Benefits: Enjoy opportunities for growth, mentorship, and participation in industry events.
- Why this job: Be part of shaping the future of energy while developing your skills in a supportive environment.
- Qualifications: In-depth knowledge of Power Generation and Renewable Energy is essential; strong analytical and communication skills required.
- Other info: This role is based in London, UK, and requires the right to work prior to application.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
INTL Underwriter II – UW08WZ
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
To negotiate, underwrite and develop a profitable portfolio of Power & Renewables business and offer outstanding service to our brokers and customers. To play a key role in supporting The Hartford's stated aim of being The Insurer of the Transition.
Job Responsibilities
- Use granted underwriting authority to support the delivery of the Power & Renewables business plan. Assist in producing the annual business plan and actively contribute to the strategic direction of the portfolio
- Develop and research business opportunities both through London Market brokers and Hartford International Offices
- Use technical expertise to select and underwrite profitable new opportunities for the portfolio and ensure the future retention of existing clients
- Work with engineering to analyse account risk management features, benchmark sectors and technologies and keep abreast of industry developments
- Keep appraised of individual claims and trends within the portfolio and to liaise with the claims team as necessary to ensure appropriate settlement of claims, including 'lessons learned' outcomes with the claims and engineering teams
- Ensure compliance with The Hartford's best practice, underwriting policies and controls and Lloyd's regulations at all times
- Assist in further development of systems for the monitoring and reporting of aggregate exposures
- Support the development and ongoing review of technical pricing models
- Support the monthly reporting to management on developments in the Power and Renewables markets including detailed portfolio updates
- Contribute, as required, to the quarterly and annual reporting of underwriting results
- Participate as required in various committees, including underwriting, engineering, operations and risk management
- Help to mentor and educate more junior team members as required
- Support thought leadership activities through the attendance and/or active participation at conferences and client events
Qualifications & Capabilities
- To possess an in-depth knowledge of the Power Generation and Renewable Energy business
- Ability to develop and sustain relationships with internal and external customers
- Ability to prioritise and organise workload
- Good analytical abilities and attention to detail
- Team player with the ability to work on a stand-alone basis
- Good communication skills
- Experience of identifying and implementing improved internal processes
About Us | Our Culture | What It's Like to Work Here
Underwriter - Power & Renewables employer: The Hartford Financial Services Group, Inc.
Contact Detail:
The Hartford Financial Services Group, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter - Power & Renewables
✨Tip Number 1
Familiarise yourself with the latest trends in the Power & Renewables sector. This will not only help you understand the market better but also allow you to engage in meaningful conversations during interviews, showcasing your passion and knowledge.
✨Tip Number 2
Network with professionals in the insurance and renewable energy sectors. Attend industry events or webinars to connect with potential colleagues and learn about the company culture at StudySmarter, which can give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific underwriting scenarios related to Power & Renewables. Think about how you would approach risk assessment and client relationships, as this will demonstrate your practical understanding of the role.
✨Tip Number 4
Showcase your analytical skills by being ready to discuss past experiences where you've successfully identified and implemented process improvements. This aligns well with the job's requirements and highlights your proactive approach.
We think you need these skills to ace Underwriter - Power & Renewables
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Underwriter position in Power & Renewables. Tailor your application to highlight relevant experience and skills that align with the job description.
Craft a Strong CV: Your CV should clearly outline your experience in underwriting, particularly in the Power Generation and Renewable Energy sectors. Use specific examples to demonstrate your analytical abilities and attention to detail, as well as any relevant achievements.
Write a Compelling Cover Letter: In your cover letter, express your passion for the Power & Renewables industry and how your background makes you a great fit for the role. Mention your ability to develop relationships and your experience with compliance and risk management, as these are key aspects of the job.
Proofread Your Application: Before submitting your application, take the time to proofread all documents. Check for spelling and grammatical errors, and ensure that your information is clear and concise. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at The Hartford Financial Services Group, Inc.
✨Know Your Industry
Make sure you have a solid understanding of the Power Generation and Renewable Energy sectors. Familiarise yourself with current trends, challenges, and innovations in the industry, as this will demonstrate your commitment and expertise during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples where you've used your analytical abilities to assess risks or improve processes. Highlighting your attention to detail and problem-solving skills will be crucial for this role.
✨Demonstrate Relationship-Building Skills
Be ready to talk about how you've developed and maintained relationships with clients or colleagues in previous roles. This is key for an underwriter, so share stories that illustrate your ability to connect and communicate effectively.
✨Prepare Questions
Have thoughtful questions prepared about the company's approach to underwriting in the Power & Renewables sector. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.