Senior Risk Engineer - Marine & Energy International

Purpose of the Job 

To use proven industry knowledge and technical insight, working alongside internal Energy and Marine stakeholders to assist in the making of evidence based supported underwriting decisions, and in turn playing a key role in The Hartford’s stated aim to underwrite human achievement and to be the Insurer of the Transition.

Reporting Relationships
Reports directly to Chief Risk Engineer, Marine & Energy International
Works in close co-operation with Underwriting and Claims  team colleagues in London, with regular liaison with Risk Engineering specialists in the USA Risk Engineering Team

Job Responsibilities & Competence
Key Accountabilities

Reviewing and assessing  technical underwriting information provided by placing brokers and clients to inform Energy and Marine underwriters primarily writing Property Damage, OEE and LOPI/BI, but could also for other classes including Liability and Cyber

Enhancing existing tools for the structured appraisal of risk for Energy and Marine clients, including quantification of exposures and the assessment of risk quality

Supporting Chief Risk Engineer in technology development assessment, emerging risks analysis and strategic development of Risk Engineering function

Assisting Energy and Marine claims professionals during the claims management and adjustment process, supporting internal Lessons Learned processes

Using both internal and third party data to improve knowledge of business sector risks and causes of loss

Attending client facility visits in both a lead and assist role and writing or contributing to market survey reports, and where appropriate providing risk management services directly to clients

Liaising and knowledge sharing with Hartford Risk Engineering practitioners within other business units

Working alongside wider colleague groups, including actuaries, claims personnel, data analysts, IT, risk management and exposure management representatives to integrate risk engineering knowledge in processes to enhance reporting and decision-making. 

Participating and contributing to technically focussed insurance market committees and associations

Speaking at conferences and writing articles on risk and insurance within the Energy and Marine sector

Supporting professional development of colleagues through sharing knowledge and offering support, guidance and coaching skills

 Pursuing own professional development with technical training, further education, and professional body progression


Procedures

Ensures that all policies and procedures are adhered to

Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented. 

Undertake continued Professional Development and comply with The Hartford  procedures
Other Duties

The job description is intended to describe the main duties only.  Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford.
Qualifications and Capabilities

Degree level education – ideally Chemical/Mechanical/Petroleum Engineering

Knowledge of general insurance and its underlying principles

A depth of knowledge of the causes of losses and incidents in the Energy Industry

Willingness to continue to develop knowledge of Technical, Process Safety and Insurance and related issues through formal and informal learning

Proven excellent communication skills and an ability to work with representatives at all levels with client organizations

Proven ability to develop and sustain relationships with internal and external customers 

Proven ability to prioritize and organise workload

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

Demonstratable networking skills

Flexible to allow for overseas and UK client facility surveys – including helicopter and boat transits 

Proven high level of analytical skills and problem-solving capabilities
Experience

10 years’ work experience in Oil & Gas industries or similar high hazard processing industries (including Transition industries such as Hydrogen and CCUS) 

Previous experience of Risk Engineering in the Lloyd’s of London, Company Insurance or other financial services sector would be desirable