Underwriter - Power & Renewables
Underwriter - Power & Renewables

Underwriter - Power & Renewables

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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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.

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

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Underwriter - Power & Renewables employer: Energy Vault

At The Hartford, we pride ourselves on being more than just an insurance provider; we are a community dedicated to making a positive impact in the Power & Renewables sector. Our London office fosters a collaborative and innovative work culture, offering employees ample opportunities for professional growth and development while supporting their ambitions. With a commitment to excellence and a focus on mentorship, we empower our team members to thrive in their careers and contribute meaningfully to the transition towards sustainable energy.
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Contact Detail:

Energy Vault 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. Understanding current market dynamics and emerging technologies 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 sectors. Attend industry conferences or local meetups to connect with potential colleagues and learn more about the company culture at StudySmarter.

✨Tip Number 3

Prepare to discuss specific underwriting scenarios and how you would approach them. Having a few examples ready can showcase your analytical skills and ability to make informed decisions under pressure.

✨Tip Number 4

Demonstrate your teamwork abilities by sharing experiences where you've successfully collaborated with others. Highlighting your capacity to mentor junior team members will align well with the role's responsibilities.

We think you need these skills to ace Underwriter - Power & Renewables

Underwriting Expertise
Knowledge of Power Generation and Renewable Energy
Analytical Skills
Attention to Detail
Relationship Management
Risk Assessment
Technical Proficiency in Underwriting
Compliance Knowledge
Portfolio Management
Communication Skills
Team Collaboration
Strategic Planning
Process Improvement
Market Research

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Underwriter - Power & Renewables position. Understand the key responsibilities and qualifications required, as this will help you tailor your application.

Tailor Your CV: Customise your CV to highlight relevant experience in underwriting, particularly in the Power Generation and Renewable Energy sectors. Use specific examples that demonstrate your analytical abilities and attention to detail.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your passion for the Power & Renewables industry. Mention how your skills align with the company's goals and your eagerness to contribute to their mission.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for an underwriting role.

How to prepare for a job interview at Energy Vault

✨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.

Underwriter - Power & Renewables
Energy Vault
E
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