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For Companies At a Glance
- Tasks: Join our Energy team as an Underwriter, focusing on Power and Utilities.
- Company: Sompo International is a global leader in insurance and reinsurance with a diverse workforce.
- Benefits: Enjoy flexible working, health benefits, and generous retirement plans.
- Why this job: Be part of a dynamic team shaping the future of energy underwriting.
- Qualifications: 7+ years of underwriting experience with strong problem-solving skills required.
- Other info: We value diversity and foster an inclusive workplace culture.
The predicted salary is between 43200 - 72000 £ per year.
As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people . At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for an experienced Power and Utilities Underwriter in our UK based Energy team.
Our experienced Energy team, backed by Sompo’s financial strength, offers comprehensive underwriting across the entire Energy chain; from oil and gas extraction and refining, to emerging renewable energy solutions. Operating from the UK, we provide tailored products and significant capacity. As a one stop shop for all Energy business, we also have the flexibility to integrate liability, marine cargo, terrorism, and professional lines products, enabling the development of programmes that are customised specifically to clients’ ever-changing needs.
Location: This position will be based out of our London office.
Our business, your impact, our opportunity:
What you’ll be doing:
- The role will initially focus on supporting the Power and Utility sub-class. The short-term goal will be to develop the book of business, whilst additionally supporting the broader onshore energy team
- Underwriting role within a growing c.$300m Energy portfolio
- Full and thorough underwriting of all accounts in accordance with underwriting guidelines and individual authority granted by management
- Responsibilities will include growing the Power and Utility book of business and further enhancing the Sompo brand within the Energy market
- Provide technical input in product development and underwriting strategy
- Liaise with Global Markets offices to assist with regional energy initiatives in locations such as Europe, Singapore and Brazil
- Represent Sompo at broker & client meetings and market events
- Monitor all industry and specific account trends. Implementing a field service reputation that is recognized as superior in the industry
- Create and utilise marketing material to support marketing and production initiatives
What you’ll bring:
- A minimum of 7 years relevant underwriting experience (with authority).
- Experience and specific technical knowledge of underwriting global Power placements
- Strong problem solving and decision making abilities
- Confidence to innovate to challenge the norm
- Ability to work effectively in a pressured environment
- Appetite and hunger to learn and grow
- Strong interpersonal skills to develop long-term client relationships
- Ability to collaborate and positively interact within a team environment
- Competent computer skills
Our Benefits
(See Addendum to update for specific Countries/States as necessary)
We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:
- Expansive Health & Wellness Benefits
- Generous Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
In today’s world, what do we stand for?
We strive to create exceptional value for our clients and shareholders while maintaining Sompo as an attractive place to work. We foster an environment of ongoing, open dialogue between managers and their direct reports, and believe in an organizational environment where everyone belongs. We proudly are a multi-racial, multi-cultural, global enterprise. We reject all forms of racism, bigotry, prejudice and injustice and continue to invest in building out an inclusive and diverse work environment.
About Us
Expert Partners.
Clarity in complexity.
Unwavering commitment .
We’re Sompo, a global provider of property, casualty, and specialty insurance and reinsurance. Building on Sompo Holdings’ 130 years of innovation, we’re committed to applying all of our experience to simplify yours.
Our dedication to you shows up in the care we put in every detail, working to create a frictionless risk management journey for everyone we serve.
We lead with your priorities, meticulously crafting solutions, sharing insights, and understanding your needs.
Around the world, our 9,000+ employees use their expertise to learn, improve and find clear answers for your complex challenges.
Because when you choose Sompo, you choose the ease of expertise.
To learn more about visit our website at
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AVP, Underwriter Energy employer: Sompo International
Contact Detail:
Sompo International Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Underwriter Energy
✨Tip Number 1
Familiarise yourself with the latest trends in the Power and Utilities sector. Understanding current market dynamics and emerging technologies will not only enhance your conversations during interviews but also demonstrate your commitment to staying informed in this rapidly evolving field.
✨Tip Number 2
Network with professionals in the energy insurance space. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn more about Sompo's culture and values. This can give you insights that will help you tailor your approach when applying.
✨Tip Number 3
Prepare to discuss your previous underwriting experiences in detail. Be ready to share specific examples of how you've successfully managed risk and developed client relationships, as these are crucial skills for the AVP, Underwriter Energy role.
✨Tip Number 4
Showcase your problem-solving abilities by preparing case studies or scenarios where you've had to innovate or adapt in challenging situations. This will highlight your capacity to think critically and act decisively, which is essential for success in this position.
We think you need these skills to ace AVP, Underwriter Energy
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant underwriting experience, particularly in the Power and Utilities sector. Use specific examples to demonstrate your problem-solving skills and decision-making abilities.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your values align with Sompo's commitment to integrity, collaboration, and innovation. Be sure to include your appetite for learning and growth.
Showcase Technical Knowledge: Emphasise your technical knowledge of underwriting global Power placements. Provide insights into your understanding of industry trends and how you can contribute to the development of tailored products.
Highlight Interpersonal Skills: Demonstrate your strong interpersonal skills by providing examples of how you've developed long-term client relationships in previous roles. Mention any experience you have in collaborating within a team environment.
How to prepare for a job interview at Sompo International
✨Understand the Energy Sector
Make sure you have a solid grasp of the current trends and challenges in the energy sector, particularly in power and utilities. Familiarise yourself with recent developments in renewable energy and how they impact underwriting practices.
✨Showcase Your Underwriting Experience
Be prepared to discuss your previous underwriting experience in detail. Highlight specific cases where you successfully managed risks or developed innovative solutions, especially in global power placements.
✨Demonstrate Problem-Solving Skills
Expect questions that assess your problem-solving abilities. Prepare examples of how you've tackled complex issues in past roles, particularly under pressure, to illustrate your decision-making process.
✨Emphasise Collaboration and Communication
Since the role involves liaising with global markets and clients, be ready to discuss your interpersonal skills. Share experiences where you effectively collaborated within a team or built long-term client relationships.
