Energy Underwriter

Energy Underwriter

Package: £70,000-£200,000 salaries negotiable depending on experience + Profit share on book

Location: London City

We are working with a specialist Independent Lloyds Broker and Reinsurance Broker who have grown consistently and have ambitious plans in the UK and Globally.

They are seeking entrepreneurial proactive individuals who want to be part of something and to make their mark in their specialist area.

As a Energy (Off shore/On Shore/Upstream/Downstream) Underwriter for our Lloyds of London independent broker firm, you will be responsible for evaluating and underwriting Energy insurance risks on behalf of our clients. Your primary duties will include analysing Energy insurance applications, conducting risk assessments, and determining appropriate premium rates.

Key responsibilities:

• Reviewing and analysing Energy insurance submissions to determine appropriate coverage and pricing
• Collaborating with brokers and clients to gather necessary information and clarify underwriting guidelines
• Utilising underwriting tools and systems to evaluate risks and make informed underwriting decisions
• Negotiating terms and conditions with clients to secure profitable business opportunities
• Monitoring and managing a portfolio of Energy insurance policies to ensure compliance with underwriting guidelines and regulatory requirements
• Providing support and guidance to junior underwriters and assisting with training and development initiatives
• Keeping abreast of market trends, regulatory changes, and industry developments to enhance underwriting practices and maintain a competitive edge

Skills:

• Energy underwriting experience within the insurance industry, preferably with Lloyds of London exposure
• Strong analytical and decision-making skills
• Excellent communication and negotiation abilities
• Proficiency in underwriting tools and systems
• Knowledge of property insurance regulations and market dynamics
• Ability to work independently and collaboratively in a fast-paced environment

If you are a seasoned Energy underwriter with a proven track record of success, we encourage you to apply for this exciting opportunity to join a dynamic team at a leading Lloyds of London independent broker firm.

Referral Fee:

Not right for you but you know someone who maybe suitable? Please get in touch to enquire and hopefully secure yourself a referral fee for a successful recommendation.

Synonym:

Property Underwriter, Real Estate Underwriter, Global Property Underwriter, Class Underwriter