Underwriter - Power & Renewables
Underwriter - Power & Renewables

Underwriter - Power & Renewables

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Negotiate and underwrite a profitable portfolio in Power & Renewables while providing excellent service.
  • Company: Join a forward-thinking insurance company committed to making a positive impact.
  • Benefits: Enjoy opportunities for growth, mentorship, and participation in industry events.
  • Why this job: Be part of shaping the future of energy while developing your skills in a supportive environment.
  • Qualifications: In-depth knowledge of Power Generation and Renewable Energy is essential; strong analytical and communication skills required.
  • Other info: This role is based in London and requires the right to work in the UK.

The predicted salary is between 43200 - 72000 £ per year.

Underwriter – Power & Renewables page is loaded

Underwriter – Power & Renewables

Apply locations London, UK time type Full time posted on Posted 30+ Days Ago job requisition id R2519486 INTL Underwriter II – UW08WZ

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

This role will be based in London, UK and you are required to have the necessary right to work details prior to application.

To negotiate, underwrite and develop a profitable portfolio of Power & Renewables business and offer outstanding service to our brokers and customers. To play a key role in supporting The Hartford’s stated aim of being The Insurer of the Transition.

Job Responsibilities

  • Use granted underwriting authority to support the delivery of the Power & Renewables business plan. Assist in producing the annual business plan and actively contribute to the strategic direction of the portfolio

  • Develop and research business opportunities both through London Market brokers and Hartford International Offices

  • Use technical expertise to select and underwrite profitable new opportunities for the portfolio and ensure the future retention of existing clients

  • Work with engineering to analyse account risk management features, benchmark sectors and technologies and keep abreast of industry developments

  • Keep appraised of individual claims and trends within the portfolio and to liaise with the claims team as necessary to ensure appropriate settlement of claims, including ‘lessons learned’ outcomes with the claims and engineering teams

  • Ensure compliance with The Hartford’s best practice, underwriting policies and controls and Lloyd’s regulations at all times

  • Assist in further development of systems for the monitoring and reporting of aggregate exposures

  • Support the development and ongoing review of technical pricing models

  • Support the monthly reporting to management on developments in the Power and Renewables markets including detailed portfolio updates

  • Contribute, as required, to the quarterly and annual reporting of underwriting results

  • Participate as required in various committees, including underwriting, engineering, operations and risk management

  • Help to mentor and educate more junior team members as required

  • Support thought leadership activities through the attendance and/or active participation at conferences and client events

Qualifications & Capabilities

  • To possess an in-depth knowledge of the Power Generation and Renewable Energy business

  • Ability to develop and sustain relationships with internal and external customers

  • Ability to prioritise and organise workload

  • Good analytical abilities and attention to detail

  • Team player with the ability to work on a stand-alone basis

  • Good communication skills

  • Experience of identifying and implementing improved internal processes

About Us |Our Culture |What It’s Like to Work Here

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Underwriter - Power & Renewables employer: The Hartford

At our London office, we pride ourselves on fostering a dynamic and inclusive work culture that empowers employees to excel in their careers while making a meaningful impact in the Power & Renewables sector. With a strong commitment to professional development, we offer extensive growth opportunities, mentorship programmes, and the chance to engage in thought leadership activities, all while being part of a team dedicated to shaping the future of insurance. Join us and be part of a company that values innovation, collaboration, and the pursuit of excellence.
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Contact Detail:

The Hartford Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Underwriter - Power & Renewables

✨Tip Number 1

Familiarise yourself with the latest trends in the Power & Renewables sector. Understanding current market dynamics and technological advancements will not only boost your confidence but also demonstrate your commitment to the field during discussions.

✨Tip Number 2

Network with professionals in the insurance and renewable energy sectors. Attend industry conferences or webinars to connect with potential colleagues and learn from their experiences, which can provide valuable insights and possibly lead to referrals.

✨Tip Number 3

Brush up on your analytical skills, as they are crucial for this role. Consider taking online courses or workshops that focus on risk assessment and underwriting processes specific to the Power & Renewables industry.

✨Tip Number 4

Prepare to discuss your previous experiences in underwriting or related fields. Be ready to share specific examples of how you've successfully managed portfolios or developed client relationships, as this will showcase your suitability for the role.

We think you need these skills to ace Underwriter - Power & Renewables

Underwriting Expertise
Knowledge of Power Generation and Renewable Energy
Analytical Skills
Attention to Detail
Relationship Management
Risk Assessment
Technical Pricing Models
Compliance Knowledge
Claims Management
Market Research
Communication Skills
Team Collaboration
Project Management
Strategic Planning
Mentoring and Coaching

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly read the job description for the Underwriter - Power & Renewables position. Understand the key responsibilities and qualifications required, as this will help you tailor your application.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in underwriting, particularly within the Power Generation and Renewable Energy sectors. Use specific examples to demonstrate your expertise and how it aligns with the role.

Showcase Analytical Skills: Given the analytical nature of the role, include examples of how you've successfully used analytical skills in past positions. This could involve risk assessment, data analysis, or developing pricing models relevant to underwriting.

Tailor Your Cover Letter: Craft a personalised cover letter that addresses why you are interested in this specific role at The Hartford. Mention how your values align with their mission of being 'The Insurer of the Transition' and how you can contribute to their goals.

How to prepare for a job interview at The Hartford

✨Know Your Industry

Make sure you have a solid understanding of the Power Generation and Renewable Energy sectors. Familiarise yourself with current trends, challenges, and innovations in the industry. This knowledge will help you demonstrate your expertise and show that you're genuinely interested in the role.

✨Showcase Your Analytical Skills

As an Underwriter, strong analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to make informed decisions in previous roles. Highlight any experience you have with risk assessment and portfolio management.

✨Demonstrate Relationship-Building Skills

This role requires developing and sustaining relationships with brokers and clients. Think of examples from your past where you've successfully built rapport or resolved conflicts. Emphasise your communication skills and ability to work collaboratively.

✨Prepare Questions for Them

Interviews are a two-way street. Prepare thoughtful questions about the company's approach to underwriting in the Power & Renewables sector, their business plans, and how they support employee development. This shows your interest in the company and helps you assess if it's the right fit for you.

Underwriter - Power & Renewables
The Hartford

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