At a Glance
- Tasks: Evaluate insurance risks and drive profitable growth for global energy clients.
- Company: Join Canopius, a leader in the Energy division with a collaborative culture.
- Benefits: Competitive salary, career development, and opportunities to work with cutting-edge AI tools.
- Other info: Great opportunity for career growth and to shape strategies within a supportive team.
- Why this job: Make an impact in the energy sector while developing your skills in a dynamic environment.
- Qualifications: Experience in the Energy and London Insurance market with strong analytical skills.
The predicted salary is between 63000 - 77000 £ per year.
Job Description
The Role
Canopius’ market leading Energy division are looking for a skilled and experienced Upstream Energy Underwriter to take on an underwriting role within the London Natural Resources Team.
As an Underwriter you will play a crucial role in driving profitable growth through risk selection of new and renewal business, for a broad portfolio of global energy clients in the Upstream and Midstream sectors from the London office.
The Upstream Energy portfolio, forms part of the wider Natural Resources Team, with exposure to all areas of the Energy Value Chain, including Downstream, Power & Renewables as well as Minerals, Metals & Mining via the Heavy Industries product line.
Key Responsibilities
- Evaluate insurance risks in accordance with the Business Plan and personal authority to meet business objectives effectively.
- Foster and sustain robust connections with stakeholders, including clients, brokers, and team members, to enhance influence and support business initiatives.
- Establish strategic partnerships aligned with the Business Plan to facilitate the attainment of organizational goals.
- Actively engage in shaping and refining strategies, knowledge, and best practices within the team.
- Advocate positively for the department, division, and company brand to effectively leverage brand recognition.
- Ensure compliance with all legal and regulatory standards to fulfil organizational obligations.
- Uphold underwriting guidelines, instructions, and best practices to reduce risk and improve operational efficiency.
- Remain knowledgeable about market dynamics and demonstrate awareness of market cycles to operate effectively.
- Encourage and develop team members.
- Assist with the advancement of AI Tools in process modules to increase efficiencies in the day-to-day capture of underwriting data.
Skills And Experience
- Proven experience in the Energy and London Insurance market with a good understanding of market dynamics
- Ability to develop business opportunities
- Contribute to long-term success of the overall business through business planning, organisation and development
- Confident and good communication skills to collaborate with colleagues and external stakeholders
- Strong working knowledge of MS Office (Word / Excel / Power Point / Power BI)
- Excellent analytical and negotiation skills
- Proficient in being able to manage single risk aggregate exposures, as well as understanding the joint venture principal in maintaining combined offshore platform aggregates.
Ability to navigate SQL Impact or equivalent aggregation tool is preferable.
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Underwriter – Upstream Energy employer: Canopius Group
At Canopius, we pride ourselves on fostering a collaborative and inclusive work culture that empowers our employees to thrive. As a Data Governance Analyst, you will benefit from a comprehensive wellbeing package, including hybrid working options, competitive salaries, and a strong commitment to professional development. Our focus on building a data-led culture not only enhances your career growth but also allows you to make a meaningful impact in the insurance industry.
