At a Glance
- Tasks: Underwrite complex global energy risks and manage client relationships.
- Company: Leading Lloyd's Syndicate in the heart of London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for mentorship and career growth in a collaborative culture.
- Why this job: Join a top-tier team and make an impact in the energy sector.
- Qualifications: Experience in energy underwriting and strong broker connections required.
The predicted salary is between 60750 - 74250 £ per year.
Exclusive
Vacancy: (Senior) Underwriter - Energy (Upstream, Midstream, Renewables) Lloyd's Syndicate City of London I am currently partnered with a leading Syndicate who are seeking a (Senior) Underwriter to join their Energy division.
This role will be Underwriting Upstream, Midstream and Renewable Energy risks on a global basis on Syndicate paper.
They have $75m line sizes, and write a mixture of Onshore & Offshore risks.
My client is looking for an established Energy Underwriter, with experience in the above classes from a Syndicate environment & someone with strong broker contacts.
Key Responsibilities
Underwriting & Portfolio Management Underwrite complex global upstream and midstream energy risks in line with underwriting strategy, appetite, guidelines, and individual authority limits.
Lead renewal negotiations and develop long-term client and account relationships.
Conduct comprehensive risk reviews, including pricing and rate adequacy analysis, exposure assessment, and day-to-day aggregation management.
Ensure underwriting decisions, documentation, and administration meet internal standards and relevant market and regulatory requirements.
Contribute to the development and implementation of underwriting strategy, appetite, portfolio plans, and annual business objectives.
Monitor portfolio performance and identify opportunities to improve profitability, diversification, and overall portfolio quality.
Market Engagement Build, maintain, and develop strong relationships with brokers, clients, and other key market stakeholders across the Energy sector.
Represent the business at broker meetings, client visits, market events, and industry forums.
Support the Head of Energy in developing the team's profile and market reputation across the Lloyd's and London Market.
Identify new business opportunities that align with the team's underwriting strategy and risk appetite.
Analytics, Reporting & Research Undertake portfolio analysis, market intelligence, and industry research to support informed and commercially sound underwriting decisions.
Produce regular and ad-hoc management information, portfolio analysis, performance reporting, and regulatory submissions as required.
Support the preparation and presentation of materials for reinsurance renewals and other portfolio reviews.
Work closely with Actuarial, Claims, Loss Modelling, Wordings, and other technical specialists to support a comprehensive approach to portfolio management.
Use data and market insight to identify emerging risks, trends, and opportunities within the upstream and midstream Energy sector.
Leadership, Coaching & Collaboration Mentor and support junior underwriters, contributing to their technical and professional development.
Share knowledge and best practice across the Energy team and contribute to relevant training initiatives.
Lead by example, demonstrating professionalism, integrity, sound judgement, and a commitment to high performance.
Promote effective collaboration across underwriting and wider business functions, including Claims, Wordings, Loss Modelling, and Actuarial.
Contribute positively to the development of a high-performing and collaborative team culture.
(Senior) Underwriter - Upstream/Midstream Energy in London employer: High Finance Limited
As a Senior Premium Processing Technician at our esteemed independent Lloyd's insurance broker in London, you'll thrive in a collaborative culture that values technical expertise and exceptional service. With a strong focus on employee development, we offer a supportive environment where your contributions will make a real impact, alongside competitive benefits and the flexibility of a hybrid working model.
