At a Glance
- Tasks: Write profitable Power & Renewable Energy business and manage underwriting risks.
- Company: Join Starr Insurance, a global leader in insurance and investment.
- Benefits: First-class training, inclusive environment, and opportunities for career growth.
- Why this job: Make an impact in the energy sector while developing your professional skills.
- Qualifications: 5+ years of underwriting experience and strong analytical skills.
- Other info: Dynamic workplace with a commitment to diversity and inclusion.
The predicted salary is between 36000 - 60000 £ per year.
Underwriter/Senior Underwriter – Onshore Energy page is loaded## Underwriter/Senior Underwriter – Onshore Energylocations: 30 Fenchurch Avenue, London, UKtime type: Full timeposted on: Posted 8 Days Agojob requisition id: JR3576*Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.***Roles and Responsibilities*** To write profitable Power & Renewable Energy business in line with the underwriting plan, using professional judgement to achieve the target premium revenue, return on premium and business growth;* To manage underwriting risk exposures through aggregate limits and reinsurance, examine departmental practices and procedures with a view to delivering efficiencies and provide support to CUO including updating and regular maintenance of the underwriting manual;* Work with Risk Engineering to assess risk quality and appetite for Power & Renewable Energy risks;* Oversight of reinsurance reporting including treaty and FAC, collection of reinsurance, consortium fees and profit commissions plus oversight of Credit Control function and reporting;* Support the renewal process of all Technical Risks Onshore Reinsurance Treaties as well as involvement in strategic initiative planning, implementation and monitoring. Combined with maintaining Minimum Underwriting Standards – (Lloyds interface) and coordinate and assist in monthly production updates and provide all ad-hoc assistance including projects.**Experience Required*** Minimum 5 years’ Underwriter experience within the class of business or with a property background looking to transition to Energy;* Up-to-date knowledge of claims to inform future underwriting decisions.**Skills*** Analytical and problem solving skills;* Negotiation, judgment and decision making skills;* Strong numeracy skills;* Professional business writing and presentation skills;* Strong communicator, both written and oral;* Technical coaching;* Business development; and* Report writing.Starr is an equal opportunity employer, which means we\’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we\’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.locations: 30 Fenchurch Avenue, London, UKtime type: Full timeposted on: Posted 30+ Days Ago #J-18808-Ljbffr
Underwriter/Senior Underwriter - Onshore Energy employer: Starr Companies
Contact Detail:
Starr Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Underwriter/Senior Underwriter - Onshore Energy
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you chat with folks in the energy sector, the better your chances of landing that underwriter gig.
✨Show Off Your Skills
When you get the chance to meet potential employers, don’t hold back! Share your analytical skills and problem-solving stories. Make sure they know you’re the go-to person for underwriting risks in the Power & Renewable Energy space.
✨Ace the Interview
Prepare for those interviews by brushing up on your negotiation and decision-making skills. Be ready to discuss how you’ve managed underwriting risks and contributed to business growth in your previous roles. Confidence is key!
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Underwriter/Senior Underwriter - Onshore Energy
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Underwriter/Senior Underwriter role. Highlight your relevant experience in Power & Renewable Energy and any specific achievements that align with the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the energy sector and how your skills match our needs. Keep it professional but let your personality come through – we love a bit of character!
Showcase Your Analytical Skills: Since this role requires strong analytical and problem-solving skills, make sure to include examples of how you've used these skills in past roles. We’re looking for evidence of your ability to assess risk and make informed decisions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re serious about joining our team at Starr Insurance Companies!
How to prepare for a job interview at Starr Companies
✨Know Your Numbers
As an Underwriter, you'll need to demonstrate strong numeracy skills. Brush up on key metrics related to Power & Renewable Energy risks and be ready to discuss how you assess risk quality and appetite. This will show your analytical prowess and understanding of the industry.
✨Showcase Your Experience
With a minimum of 5 years’ experience required, make sure to highlight specific examples from your past roles that align with the responsibilities listed. Discuss how you've managed underwriting risk exposures or contributed to business growth in previous positions.
✨Prepare for Technical Questions
Expect questions about underwriting practices, reinsurance reporting, and risk assessment. Familiarise yourself with the latest trends in the energy sector and be prepared to discuss how you would apply your knowledge to the role at Starr Insurance Companies.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice articulating your thoughts clearly and concisely, both in writing and verbally. Consider preparing a brief presentation on a relevant topic to showcase your professional business writing and presentation skills during the interview.