At a Glance
- Tasks: Lead and shape the future of our Oil & Gas portfolio with innovative underwriting strategies.
- Company: Join Everest Advisors, a global leader in risk management with over 50 years of heritage.
- Benefits: Inclusive culture, career growth opportunities, and a chance to make a real impact.
- Why this job: Be at the forefront of energy underwriting and influence strategic decisions in a dynamic environment.
- Qualifications: Experience in Downstream and Midstream Oil & Gas underwriting or broking is essential.
- Other info: We value diverse backgrounds and encourage all to apply, even if you don't meet every requirement.
The predicted salary is between 36000 - 60000 ÂŁ per year.
About Everest
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.
About the Role
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.
Key Responsibilities
- 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.
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, 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.
Skills & Abilities
- 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.
What if I don’t meet every requirement?
At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Our Values
- Talent.
- Thoughtful assumption of risk.
- Execution.
- Efficiency.
- Humility.
- Leadership.
- Collaboration.
- Inclusion and Belonging.
Our Colleague Behaviors
- Respect everyone.
- Pursue better.
- Lead by example.
- Own our outcomes.
- Win together.
Senior Underwriter - Energy employer: Everest Re Group,
Contact Detail:
Everest Re Group, Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter - Energy
✨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 help you land that Senior Underwriter role.
✨Tip Number 2
Prepare for those interviews by researching Everest Advisors and their approach to risk management. We want to see your passion for the energy sector and how you can contribute to their goals. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience in Oil & Gas underwriting and how it aligns with Everest's values. We need to hear how you can lead growth and build relationships effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Senior Underwriter - Energy
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Underwriter role. Highlight your experience in Downstream and Midstream Oil & Gas underwriting, and show how your skills align with Everest's values and mission.
Showcase Your Achievements: Don’t just list your responsibilities; share specific achievements that demonstrate your impact in previous roles. Use metrics where possible to quantify your success in underwriting or risk management.
Be Professional Yet Personable: While we want to see your professional side, don’t forget to let your personality shine through. Everest values collaboration and relationship-building, so a friendly tone can go a long way in your written application.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves, and you’ll find all the details you need about the role there too!
How to prepare for a job interview at Everest Re Group,
✨Know Your Stuff
Make sure you brush up on your knowledge of the Oil & Gas sector, especially Downstream and Midstream underwriting. Familiarise yourself with current market trends, competitor activities, and emerging technologies. 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 to discuss how you can contribute to shaping underwriting strategies. Think about examples from your past experience where you've identified opportunities or risks and how you approached them. This will demonstrate your ability to think strategically and make informed decisions.
✨Build Relationships
Since relationship-building is key in this role, be ready to talk about how you've successfully managed relationships with brokers, clients, and stakeholders in the past. Share specific examples that highlight your negotiation skills and ability to collaborate across teams.
✨Be Ready for Technical Questions
Expect some technical questions related to risk evaluation and pricing. Brush up on your analytical skills and be prepared to discuss how you gather and interpret data to support your recommendations. This will show that you have the necessary expertise to underwrite and price risks effectively.