At a Glance
- Tasks: Underwrite renewable energy risks and develop new business opportunities in a growing market.
- Company: Join a well-regarded Lloyd's syndicate with a focus on renewable energy.
- Benefits: Competitive salary, discretionary bonus, and opportunities for professional growth.
- Other info: Dynamic role with excellent networking opportunities in the renewables sector.
- Why this job: Shape the future of renewable energy while working with industry leaders.
- Qualifications: Experience in underwriting, especially in renewable energy, and strong analytical skills.
The predicted salary is between 120000 - 150000 £ per year.
PURPOSE OF THE ROLE
An established Lloyd's managed syndicate in London is looking to appoint a Renewable Energy Underwriter to join its energy and power underwriting team.
The business has an active and growing renewable energy portfolio spanning onshore and offshore wind, solar, battery storage and other low-carbon technologies, and is looking to strengthen its underwriting capability as demand for specialist renewables cover continues to grow across the London and Lloyd's markets.
This is an opportunity to join a well-regarded underwriting team with genuine authority to shape a growing book, working closely with brokers and clients across the international renewables sectors.
RESPONSIBILITIES
- Underwrite a portfolio of renewable energy risks, including construction and operational property, business interruption and liability exposures across onshore/offshore wind, solar, energy storage and emerging technologies.
- Assess and price new and renewal business in line with delegated authority and underwriting guidelines.
- Build and maintain strong relationships with brokers, MGAs and coverholders to develop new business opportunities.
- Monitor market trends, competitor activity and emerging risks within the renewables sector to inform underwriting strategy.
- Work closely with actuarial, claims and risk engineering colleagues to ensure robust risk selection and portfolio performance.
- Represent the syndicate at broker and market events, contributing to the profile of the renewable energy offering.
- Support the development of underwriting policy, wordings and pricing tools specific to renewable energy risks.
- Contribute to business planning, portfolio reporting and management information.
SKILLS
- Proven underwriting experience gained within the London or Lloyd's market, ideally with direct exposure to renewable energy, power or broader energy/property lines.
- Strong technical understanding of renewable energy risk, including construction and operational exposures for wind, solar and/or storage assets.
- Established relationships with brokers and/or MGAs active in the renewables space.
- Sound understanding of delegated authority arrangements and Lloyd's market practice.
- Strong analytical and pricing skills, with the ability to assess complex risks accurately.
- Excellent relationship management and communication skills, comfortable representing the business externally.
- Professional insurance qualifications (e. g. ACII, or working towards) desirable but not essential.
- Degree educated or equivalent industry experience.
If you would like to understand more about this position, Please feel to get in touch with Louis Gibbs via email on louis. gibbs@lawesgroup. co. uk.
Renewables Underwriter in London employer: Lawes Consulting Group
At Lawes Consulting Group, we pride ourselves on being an excellent employer that values and nurtures talent within a supportive and collaborative environment. As a Property Loss Adjuster based in Glasgow, you will benefit from a strong focus on employee development, a diverse portfolio of claims to manage, and the opportunity to work closely with industry professionals, all while enjoying the vibrant culture of Scotland's largest city.
StudySmarter Expert Advice🤫
We think this is how you could land Renewables Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lawes Consulting Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lawes Consulting Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Renewables Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lawes Consulting Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lawes Consulting Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lawes Consulting Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lawes Consulting Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lawes Consulting Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lawes Consulting Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
