Underwriter/Senior Underwriter - Onshore Energy
UK Visa Sponsorship Analytics
Analytics are greyed out due to low classification confidence (58.0%).
Occupation Type
Insurance underwriters
Occupation Code Skill LevelMedium Skilled
Sponsorship Salary Threshold
£41,700
(£21.38 per hour)
Standard minimum applies
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Description
Roles and Responsibilities
- To write profitable Power & Renewable Energy business in line with the underwriting plan, using professional judgement to achieve the target premium revenue, return on premium and business growth;
- To manage underwriting risk exposures through aggregate limits and reinsurance, examine departmental practices and procedures with a view to delivering efficiencies and provide support to CUO including updating and regular maintenance of the underwriting manual;
- Work with Risk Engineering to assess risk quality and appetite for Power & Renewable Energy risks;
- Oversight of reinsurance reporting including treaty and FAC, collection of reinsurance, consortium fees and profit commissions plus oversight of Credit Control function and reporting;
- Support the renewal process of all Technical Risks Onshore Reinsurance Treaties as well as involvement in strategic initiative planning, implementation and monitoring. Combined with maintaining Minimum Underwriting Standards – (Lloyds interface) and coordinate and assist in monthly production updates and provide all ad-hoc assistance including projects.
Experience Required
- Minimum 5 years’ Underwriter experience within the class of business or with a Property background looking to transition to Energy;
- Up-to-date knowledge of claims to inform future underwriting decisions.
Skills
- Analytical and problem solving skills
- Negotiation, judgement and decision making skills;
- Strong numeracy skills;
- Professional business writing and presentation skills;
- Strong communicator, both written and orals;
- Business development.