Senior Underwriter, Renewable Energy – Operational & Construction Property

Senior Underwriter, Renewable Energy – Operational & Construction Property

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead underwriting for renewable energy projects and shape risk strategies.
  • Company: Join AXA XL, a market leader in insurance with a focus on sustainability.
  • Benefits: Enjoy competitive pay, flexible working, and inclusive benefits tailored to you.
  • Other info: Be part of a diverse team committed to sustainability and community support.
  • Why this job: Make a real impact in the renewable energy sector while building strong client relationships.
  • Qualifications: Experience in underwriting construction projects and a solid understanding of the renewable energy market.

The predicted salary is between 60000 - 80000 £ per year.

AXA XL’s UK & Lloyd’s are seeking a Senior Underwriter with deep market knowledge and influential broker relationships to help drive the continued build‑out of the Renewable Energy portfolio for both construction and operational property.

You will play a key role in delivering profitable underwriting results, shaping risk strategy, and representing AXA XL as a market‑leading partner to clients and brokers.

The role will report into the Construction team, with dotted line reporting into the Energy team.

This is a regulated role under the Central Bank of Ireland’s Fitness and Probity regime.

What you’ll be doing

As Senior Underwriter, you will be responsible for delivering a profitable, high‑quality underwriting service across a broad range of construction and operational property risks.

  • Underwriting & Portfolio Management
  • Reviewing submissions, including policy wording, inspection reports and loss runs, and conducting detailed analysis to assess risk quality.
  • Pricing risks appropriately by considering technical risk costs, reinsurance structures, and underwriting/administration expenses to ensure sustainable profitability.
  • Underwriting business within agreed authority levels and contributing to the wider business planning and forecasting process.
  • Monitoring aggregate exposures, premium income, and portfolio performance to ensure alignment with plan and risk appetite.
  • Client & Broker Engagement
  • Building and maintaining effective relationships with brokers and clients to support new business development and account retention.
  • Providing proactive advice on insurance and risk management matters, ensuring clients receive a tailored and responsive service.
  • Identifying opportunities for cross‑selling and supporting broader AXA XL initiatives.
  • Policy & Claims Oversight
  • Reviewing loss control reports and managing endorsement requests to ensure accurate and timely policy issuance.
  • Maintaining awareness of all notified claims and providing input into claims strategy and settlement discussions.

You will report directly to the Head of Construction, UK & Lloyd’s.

  • What you’ll bring
  • Required Skills And Abilities
  • Proven experience underwriting construction projects and annuals profitably.
  • Excellent understanding of the renewable energy market and the factors influencing performance.
  • Established broker and client network, ideally including renewable energy sector relationships.
  • Excellent communication and customer service skills.
  • Proven analytical, negotiation and commercial skills.
  • Proficiency with pricing tools and solid working knowledge of Microsoft Excel.
  • Familiarity with broker manuscript and industry‑standard wording.
  • Understanding of linesize management and portfolio steering.
  • Desired Skills And Abilities
  • Background in engineering or construction, or a relevant technical degree.
  • Binder and lineslip experience (preferred but not essential).
  • Progress toward Cert CII or higher.

What we offer

  • Inclusion
  • Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
  • Robust support for Flexible Working Arrangements.
  • Enhanced family‑friendly leave benefits.
  • Named to the Diversity Best Practices Index.
  • Signatory to the UK Women in Finance Charter.
  • Total Rewards

AXA XL’s Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security.

It provides competitive compensation and personalized, inclusive benefits that evolve as you do.

We’re committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.

Sustainability

At AXA XL, Sustainability is integral to our business strategy.

In an ever‑changing world, AXA XL protects what matters most for our clients and communities.

We know that sustainability is at the root of a more resilient future.

Our 2023‑26 Sustainability strategy, called “Roots of resilience”, focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.

  • Our Pillars
  • Valuing nature: How we impact nature affects how nature impacts us.

Resilient ecosystems—the foundation of a sustainable planet and society—are essential to our future.

We’re committed to protecting and restoring nature—from mangrove forests to the bees in our backyard—by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.

  • Addressing climate change: The effects of a changing climate are far‑reaching and significant.

Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption.

We’re building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal‑led solutions.

  • Integrating ESG: All companies have a role to play in building a more resilient future.

Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business.

We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.

  • AXA Hearts in

Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs.

These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day—the Global Day of Giving.

For more information, please see axaxl. com/sustainability.

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Senior Underwriter, Renewable Energy – Operational & Construction Property employer: AXA XL

AXA XL is an exceptional employer that fosters an inclusive and agile work environment, empowering employees to thrive while tackling complex risks in the global market. With a strong commitment to employee growth, competitive benefits, and a focus on sustainability, AXA XL not only values individual contributions but also encourages collaboration across diverse teams. Located in a vibrant area, this role offers the opportunity to engage with innovative pricing models and global specialty products, making it a rewarding place for aspiring actuarial analysts.

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Contact Details:

AXA XL Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Underwriter, Renewable Energy – Operational & Construction Property

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We think you need these skills to ace Senior Underwriter, Renewable Energy – Operational & Construction Property

Underwriting Construction Projects
Renewable Energy Market Knowledge
Broker Relationship Management
Analytical Skills
Negotiation Skills
Commercial Skills
Pricing Tools Proficiency

Some tips for your application 🫡

Show Your Real-Estate Savvy:When crafting your CV and cover letter, make sure to highlight any relevant experience in the real estate sector. If you've done internships, assistant roles, or even relevant coursework, lay it out clearly. We want to see your familiarity with market trends, property management, or any sales experience you've got under your belt!

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Tailor Your Documents for the Job:Every application should feel personal. When applying for the Senior Underwriter, Renewable Energy – Operational & Construction Property role at AXA XL, tweak your CV to focus on aspects that are important to them. If they value client relationships, emphasise your interpersonal skills. We want to see you aligning your experiences with what they're looking for!

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How to prepare for a job interview at AXA XL

Know Your Market Trends

In real estate, it’s all about staying ahead of the curve. Make sure we brush up on the latest market trends in the area where AXA XL operates. Being able to discuss local property values, demand, and upcoming developments will show that we’re not just interested in the job, but genuinely invested in the industry.

Prepare for Scenario Questions

Expect some scenario-based questions during the interview. We might get asked how we’d handle different client situations or property evaluations. Preparing our responses for common real estate scenarios not only demonstrates our problem-solving skills but also shows that we can think on our feet in a client-facing role.

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In full-time real estate, networking is key! Let’s think about our connections in the industry and what we can bring to AXA XL. Whether it’s insights on prospective clients or relationships with local contractors, talking about these experiences can set us apart from other candidates.

Demonstrate Technical Savvy

Familiarity with different real estate software tools is a big plus. We should be ready to discuss any platforms we've used, whether it's for property management, CRM, or data analysis. Being comfortable with technology not only makes us more efficient, but also shows that we’re adaptable to the tools used at AXA XL.