Assistant Underwriter - Conventional Power & Renewable Energy

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Assistant Underwriter - Conventional Power & Renewable Energy

  • Location:

    United Kingdom

  • Contact:

    Junior Garba

  • Contact email:

    junior.garba@equitycity.co.uk

  • Job ref:

    601

  • Published:

    2 days ago

  • Expiry date:

    2025-06-19

Title: Assistant Underwriter - Conventional Power & Renewable Energy
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