At a Glance
- Tasks: Underwrite profitable Power & Renewable Energy business and manage risk exposures.
- Company: Join a leading firm committed to inclusivity and professional growth.
- Benefits: Competitive salary, diverse work environment, and opportunities for career advancement.
- Other info: Dynamic role with excellent support for personal and professional development.
- Why this job: Make a real impact in the energy sector while developing your skills.
- Qualifications: 5+ years of underwriting experience and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
Roles and Responsibilities
- Write profitable Power & Renewable Energy business in line with the underwriting plan, using professional judgement to achieve target premium revenue, return on premium and business growth.
- 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.
- Maintain 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;
- Report writing.
Equal Opportunity Employment
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.
Underwriter/Senior Underwriter - Onshore Energy in London employer: Starr Underwriting Agents Limited
Starr is an exceptional employer for Underwriters and Senior Underwriters in the Onshore Energy sector, offering a dynamic work culture that prioritises professional growth and inclusivity. With a commitment to employee development and a focus on innovative underwriting practices, team members benefit from engaging in meaningful projects while enjoying a supportive environment that values diverse perspectives. Located in a vibrant area, Starr provides unique opportunities for networking and collaboration within the energy industry, making it an ideal place for those looking to advance their careers.
Contact Details:
Starr Underwriting Agents Limited Recruitment Team
