Location: London/ Hybrid
Salary: £50,000 per annum
About the role
We are seeking an experienced Assistant Underwriter to join our Conventional Power & Renewable Energy team at the business. As a key member of the underwriting team, you will play a crucial role in making sound underwriting decisions and contributing to the operational delivery of our strategy.
You will be part of the Conventional Power & Renewable Energy team within the Natural Resources division. We write a global portfolio of risks, of varying technology, complexity and size.
The role would also provide a solid foundation and opportunity to develop a career in Underwriting.
What you’ll spend your time doing:- Responsible for analysing and writing risks in accordance with the agreed parameters – making sound, profitable long term decisions with a focus on smart rationale underwriting.
- Support quotes, underwriting and service of allocated accounts and operate within agreed authority parameters
- Ensure risks are analysed and written in accordance with the agreed parameters – making sound, profitable long term decisions with a focus on smart rationale underwriting.
- Develop and maintain strong client and broker relationships, demonstrating a deep understanding of their needs and the market.
- Assist in arranging and attending client meetings to build strong relationships and drive business growth.
- Represent the business at corporate and networking events, upholding our values and behaviours
- Track and report developments affecting the business of the class and raise as appropriate, to the Senior Underwriters or Underwriting Management
- Collaborate with senior underwriters to develop pricing models and ensure accurate risk assessments.
- Liaise with the claims team to keep up-to-date with claims situations and ensure timely resolution.
- Manage queries professionally and efficiently, ensuring excellent customer service.
- Monitor premium payments and liaise with brokers and CRT as necessary.
- Accuracy checking & write up notes as part of UW sign-off
- Liaise and ensure regional compliance with underwriting management, taking corrective action where necessary and operating within agreed authorities, ensuring that underwriting controls are properly managed
What you’ll need
- Must have relevant underwriting experience in Conventional Power and/or Renewable Underwriting or claims, looking to progress to full Underwriting authority within a short timeframe.
- Established relationships with brokers and strong knowledge of the conventional power and/or renewable energy market.
- Strong problem-solving skills, with the ability to question the status quo and create solutions.
- Diploma in CII and working towards completion of ACII
- Excellent communication and negotiation skills.
- Sound financial and commercial acumen.
- Strong Excel and numeracy skills.
- Self-motivation & strong organisational skills