At a Glance
- Tasks: Conduct risk appraisals and surveys for power and renewable energy projects.
- Company: Join Liberty Specialty Markets, a leading global insurer with a vibrant culture.
- Benefits: Enjoy a supportive work environment, career development, and flexible working options.
- Other info: Be part of a diverse team committed to innovation and collaboration.
- Why this job: Make a real impact in the energy sector while developing your skills.
- Qualifications: Bachelor’s degree in engineering or related field; experience in power or renewables preferred.
The predicted salary is between 36000 - 60000 £ per year.
Location: London, UK
Type: Permanent
About the Team
The Power and Construction product lines in our London and Dubai branches underwrite conventional power and renewable energy risks for both operational plant and construction projects.
Key Responsibilities
- Contribute to the development and review of risk engineering policies and processes.
- Partner with one or more lines of business, including attending meetings with underwriting management and inputting to decisions.
- Plan, organise and perform desk-based risk appraisals for assigned line/s of business to provide risk analysis information to underwriters, and conduct on-site risk engineering surveys for existing and prospective clients as required by the business; produce both summary and detailed risk survey reports for limited review by more senior colleagues before sharing more broadly.
- Follow up on key recommendations and ensure risk engineering information on file is up to date.
- Provide technical input on claims, including reviewing reports and site visits to identify areas for claims mitigation and recommendations for improvement.
- Support with business development and marketing of the products within the line of business where possible.
- Focus on building and refining knowledge of insurance practices and strategy.
- Maintain working relationships with managers and leaders within Underwriting, Claims and other functions.
- Maintain a working understanding of external market developments and trends.
Policy, Process and Procedures
- Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance.
- Adhere to underwriting standards, instructions and best practice methodology in order to minimise risks.
- Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to placing customers at the centre of our business and behaving with integrity.
- LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest and Whistleblowing.
Skills and Experience
- Bachelor’s degree in a technical discipline, such as Chemical, Process, Electrical, Mechanical Engineering or equivalent.
- Experience in relevant Power / Renewables industries and should have a background in at least one of the following areas in a managerial, technical or consultancy role; Operations, Maintenance, Loss Prevention, Construction, Risk Management or Project Management.
- Experience within the insurance sector in related lines of business is desirable.
- Strong communication skills to develop and maintain relationships with Underwriters, Risk Engineers, Claims teams, other Staff and Clients.
- Ability to understand and communicate important technically related information within the Risk Engineering, Underwriting and Claims groups.
- Ability in advanced level research, evaluation and analysis.
- Strong marketing skills to participate in new/renewal business development.
- Ability to effectively use required software applications, such as MS Office Suite.
- Ability to create/modify documents and complex spreadsheets.
About Liberty Specialty Markets (LSM)
Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world‑class insurance and reinsurance services to brokers and insureds in all major markets. Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:
- Offering a vibrant and inclusive environment and committing to their career development.
- Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee‑led networks strengthen the diversity of our workforce and our inclusive environment.
- Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.
- A supportive culture, which includes promoting a healthy work‑life balance and working flexibly.
Risk Engineer – Power UK & MENA employer: Liberty Specialty Markets
Liberty Specialty Markets is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from comprehensive professional development opportunities, a strong emphasis on data integrity, and a culture that values analytical excellence, making it an ideal place for those looking to grow their careers in catastrophe risk analysis.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Engineer – Power UK & MENA
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Liberty Specialty Markets looking for candidates who are engaged and informed.
We think you need these skills to ace Risk Engineer – Power UK & MENA
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Liberty Specialty Markets. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Liberty Specialty Markets
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Liberty Specialty Markets’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
