Assistant Underwriter, Power & Renewables
Assistant Underwriter, Power & Renewables

Assistant Underwriter, Power & Renewables

London Entry level 28800 - 48000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Support the underwriting team with risk analysis and data management in Power & Renewables.
  • Company: Join Westfield Specialty International, a leader in innovative insurance solutions.
  • Benefits: Enjoy a collaborative culture, recognition for your efforts, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team that values excellence, ambition, and collaboration while making an impact.
  • Qualifications: Degree educated; ACII qualifications or willingness to pursue is a plus.
  • Other info: This role offers a chance to develop your skills in a fast-paced environment.

The predicted salary is between 28800 - 48000 £ per year.

Job Description

Key Accountabilities & Role Requirements

• Support the underwriting team in reviewing and analysing risk submissions
• Assist with exposure management, pricing tools, and data analysis
• Contribute to market research and development of sector knowledge in Power & Renewables
• Contribute to the technical assessment of risks, including review of engineering reports, loss histories, and project documentation.
• Support underwriting decisions by conducting benchmarking, historical performance reviews, and comparison across peer risks.
• Maintain accurate risk data within internal systems and tools, support portfolio roll-ups and exposure summaries for internal reporting.
• Run exposure analyses across key geographies and asset types using internal or vendor models.
• Assist in the monitoring of aggregate exposure to CAT perils and maintain bordereaux and data integrity.

Skills & Competencies Required
• Communication skills – ability to communicate clearly with internal stakeholders and external clients and brokers at all levels, both verbally and in writing
• Administrative skills – highly organised and able to prioritise tasks effectively. Applicants should have excellent attention to detail and an ability to meet deadlines
• Presentation skills – ability to present to internal and external stakeholders
• Analytical skills – numerically literate and able to analyse data
• Compliance – ability to ensure compliance with all management and regulatory controls

As part of the applicant\’s progression to attaining underwriting authority, the additional competencies expected include:
• Judgement / Decision-making skills – ability to approach problems logically and rationally and evaluate quantitative and qualitative data to make measured risk decisions
• Relationship building – ability and confidence to establish and maintain excellent relationships with external stakeholders (such as brokers, clients, and reinsurers) in a client-facing role

Qualifications & Experience
ACII qualifications or willing to work towards
Educated to Degree standard

Westfield Specialty International Culture

Our culture is centred around three core values: Excellence, focused on high performance, agility and embracing change; Ambition, where inquisitiveness, challenge and a bold approach is encouraged; and Collaboration, delivering shared goals through collective expertise, diversity of thought and transparency. All three are underpinned by Reward & Recognition, where people are supported & respected, and success is celebrated. #wspi

This job description describes the general nature and level of work performed in this role. It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc. These may be subject to change and additional functions may be assigned as needed by management. #J-18808-Ljbffr

Assistant Underwriter, Power & Renewables employer: -

Westfield Specialty International is an exceptional employer that fosters a culture of excellence, ambition, and collaboration, making it an ideal place for aspiring professionals in the Power & Renewables sector. With a strong emphasis on employee growth through support for ACII qualifications and a commitment to recognising achievements, team members are encouraged to thrive in a dynamic environment. Located in a vibrant area, employees benefit from a diverse and inclusive workplace that values transparency and collective expertise, ensuring a rewarding career path.
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Contact Detail:

- Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Assistant Underwriter, Power & Renewables

✨Tip Number 1

Familiarise yourself with the Power & Renewables sector. Read up on recent trends, challenges, and innovations in the industry. 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 underwriting and insurance sectors. Attend industry events or join relevant online forums to connect with people who can provide insights and potentially refer you to opportunities at StudySmarter.

✨Tip Number 3

Brush up on your analytical skills by practising data analysis and exposure management techniques. Familiarity with pricing tools and risk assessment methodologies will give you an edge when discussing your capabilities with the hiring team.

✨Tip Number 4

Prepare to showcase your communication and presentation skills. Think of examples from your past experiences where you effectively communicated complex information or built relationships with stakeholders, as these are crucial for the Assistant Underwriter role.

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

Analytical Skills
Attention to Detail
Communication Skills
Presentation Skills
Administrative Skills
Data Analysis
Risk Assessment
Exposure Management
Market Research
Technical Assessment
Benchmarking
Judgement / Decision-making Skills
Relationship Building
Compliance Knowledge
Numerical Literacy

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Assistant Underwriter role. Focus on your analytical skills, communication abilities, and any experience in risk assessment or data analysis.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the Power & Renewables sector. Mention specific examples of how your background and skills make you a great fit for the underwriting team.

Highlight Relevant Qualifications: If you have ACII qualifications or are working towards them, be sure to mention this prominently. Also, include your educational background and any relevant coursework that demonstrates your analytical capabilities.

Showcase Soft Skills: In your application, emphasise your organisational skills, attention to detail, and ability to meet deadlines. Provide examples of how you've successfully communicated with stakeholders or managed projects in the past.

How to prepare for a job interview at -

✨Know Your Numbers

As an Assistant Underwriter, you'll be dealing with data analysis and risk assessments. Brush up on your numerical skills and be prepared to discuss how you've used data in past roles to make informed decisions.

✨Showcase Your Communication Skills

You'll need to communicate effectively with various stakeholders. Prepare examples of how you've successfully communicated complex information clearly, both verbally and in writing, to different audiences.

✨Demonstrate Your Organisational Skills

This role requires excellent administrative abilities. Be ready to share how you prioritise tasks and manage your time effectively, especially when faced with tight deadlines.

✨Research the Power & Renewables Sector

Familiarise yourself with current trends and challenges in the Power & Renewables sector. Showing that you have a solid understanding of the market will demonstrate your commitment and enthusiasm for the role.

Assistant Underwriter, Power & Renewables
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  • Assistant Underwriter, Power & Renewables

    London
    Entry level
    28800 - 48000 £ / year (est.)

    Application deadline: 2027-08-05

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