At a Glance
- Tasks: Lead and shape the future of our Oil & Gas portfolio while collaborating with global experts.
- Company: Join Everest Insurance, a global leader in risk management with a rich heritage.
- Benefits: Enjoy a competitive salary, hybrid work flexibility, and a culture that values innovation.
- Why this job: Make a real impact on high-stakes projects in the energy market.
- Qualifications: Experience in Oil & Gas underwriting and strong relationship-building skills required.
- Other info: Be part of a fast-growing team with excellent career development opportunities.
The predicted salary is between 43200 - 72000 £ per year.
We're looking for a Senior Energy Underwriter to join our Energy & Construction team in London. This is a newly created position offering the chance to shape the future of our Downstream and Midstream Oil & Gas portfolio and influence strategic decisions across a diverse range of technologies and markets.
In this role, you'll:
- Lead the growth of our Oil & Gas portfolio with wide multi-national remit
- Collaborate with global experts to deliver innovative solutions
- Play a key role in shaping underwriting strategy and building on an existing portfolio
You'll report to the UK Head of Energy & Power and work closely with the Global Head of Energy & Construction. This position is based in our London office with a hybrid giving you flexibility to work remotely two days per week.
Why Join Us?
- Be part of a fast-growing team with big ambitions in Energy & Construction
- Work on high-impact projects that shape the energy market
- Enjoy a culture that values collaboration, innovation, and diversity
Role Purpose: Core Responsibilities
- Support the UK Head of Energy & Power in delivering the strategic direction and performance of a growing portfolio.
- Develop the account in line with Everest Insurance appetite, controls, underwriting strategy and guidelines, with a clear focus on sustainable underwriting results and delivery of internal plans.
- Build, maintain and strengthen relationships with key brokers, clients and stakeholders; represent Everest at internal and external meetings as required.
- Underwrite and price Oil & Gas risks, including all forms of distribution, assessing risk quality and determining acceptability in line with delegated authority.
- Prepare quotations and formal proposals for new and renewal business; bind risks within your authority and respond to broker and stakeholder enquiries in a timely, professional manner.
- Participate in underwriting peer review, ensuring documentation is accurate, complete and aligned to Everest Insurance standards.
- Contribute to the development and refinement of divisional pricing, accumulation and related systems.
- Play an active role in the marketing plan and relationship strategy with brokers and customers, aligned to the business plan objectives.
- Collaborate across underwriting teams and with Claims, Risk Engineering/Loss Control, Finance and other functions to deliver joined-up outcomes.
- Share market intelligence on the Conventional Power sector - competitor activity, technology developments and emerging opportunities.
- Operate with strong internal controls and meet regulatory requirements, policies and procedures.
Qualifications
- Downstream and Midstream Oil & Gas underwriting or broking experience in the international marketplace.
- Ability to stay organised and prioritise effectively in a dynamic environment.
- Sound risk evaluation - assessing opportunities and making informed decisions that support positive outcomes.
- Strong judgment and decision-making skills, applying balanced analysis to complex information.
- Proactive and comfortable working autonomously while collaborating effectively across teams.
- Skilled at building trusted relationships internally and externally.
- Up-to-date market knowledge, including competitor profiles and products.
- Strong relationship-building and negotiation skills.
- Strategic thinking - able to identify opportunities and risks through analysis of current and future trends; comfortable working with the "big picture" and the detail.
- Confident in compliance: knowledgeable about internal controls and external regulatory requirements.
- Analytical skills - able to gather, interpret and synthesise data to support clear recommendations.
- A commitment to continuous learning and development.
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
Senior Underwriter - Energy in Westminster employer: Everest Limited
Contact Detail:
Everest Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Energy in Westminster
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend relevant events. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. We want to show that we’re not just a good fit for the role, but also for the team. Tailor your answers to reflect how you can contribute to their goals.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or use online platforms. We need to be confident in our responses, especially when discussing our experience in Oil & Gas underwriting.
✨Tip Number 4
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows our enthusiasm for the position and keeps us fresh in their minds. Plus, apply through our website for a smoother process!
We think you need these skills to ace Senior Underwriter - Energy in Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Energy Underwriter role. Highlight your experience in Downstream and Midstream Oil & Gas underwriting, and don’t forget to showcase any relevant projects that demonstrate your strategic thinking and relationship-building skills.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the energy sector and how your background aligns with our goals at StudySmarter. Be sure to mention specific examples of how you've influenced strategic decisions in previous roles.
Showcase Your Analytical Skills: In your application, emphasise your analytical skills and ability to assess risks. We want to see how you gather and interpret data to make informed decisions. Share examples that highlight your sound judgment and decision-making abilities.
Apply Through Our Website: We encourage you to apply through our website for a seamless application process. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity to shape the future of our Oil & Gas portfolio!
How to prepare for a job interview at Everest Limited
✨Know Your Stuff
Make sure you brush up on your knowledge of the Downstream and Midstream Oil & Gas sectors. Understand the latest trends, technologies, and market dynamics. This will not only help you answer questions confidently but also show that you're genuinely interested in the role.
✨Showcase Your Strategic Thinking
Prepare examples that demonstrate your ability to think strategically. Think about times when you've identified opportunities or risks in previous roles. Be ready to discuss how you can apply this strategic mindset to shape underwriting strategies at Everest.
✨Build Relationships
Since relationship-building is key in this role, think of ways to illustrate your skills in this area. Prepare anecdotes about how you've successfully collaborated with brokers, clients, or stakeholders in the past. This will highlight your ability to strengthen relationships in the new position.
✨Be Ready for Technical Questions
Expect some technical questions related to underwriting and risk evaluation. Brush up on your analytical skills and be prepared to discuss how you assess risk quality and make informed decisions. This will show that you have the necessary expertise for the role.