Underwriter

London Source: WhatJobs
See advert for pay

Overview

In this role you will support the Downstream Energy underwriting unit by selecting and underwriting profitable energy risks, renewing and reviewing new business, and maintaining the existing book. You will collaborate with cross-functional teams to analyse data, prepare pricing information, and present insights for internal discussions. You will engage with clients and brokers, help mentor junior colleagues, and ensure adherence to underwriting guidelines and conduct risk requirements. This is a hands-on opportunity to influence the energy portfolio and contribute to Sompo’s risk management and client service goals.

Pay / Benefits

  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

Responsibilities

  • Support underwriting business plan delivery for Downstream and Power accounts
  • Review renewals and new business to secure retention
  • Underwrite profitable business and maintain the existing book
  • Endorsement reviews, market updates, and meetings servicing the book
  • Prepare information for underwriting purposes (pricing, engineering overviews, performance analysis)
  • Coordinate RMS modelling and exposure analysis on an account basis
  • Engage in client and broker meetings and provide updates
  • Conduct energy market research ahead of renewals
  • Ensure compliance with conduct risk, guidelines, and internal controls
  • Educate and mentor junior team members
  • Oversee audit requirements, reporting and policy booking
  • Undertake ad-hoc tasks and projects

Key requirements

  • Minimum 4 years’ experience in insurance
  • In-depth knowledge of downstream oil and gas industry and energy policy wordings
  • Strong problem solving and decision-making abilities
  • Excellent written and oral communication skills
  • Exceptional interpersonal skills and team orientation
  • Ability to perform in a fast-paced environment
  • Numeracy and attention to detail
  • Organisational and workload prioritisation skills
  • Comprehensive computer skills including Microsoft Office Excel
  • strong communication
  • team-oriented
  • problem solving
  • RMS modelling
  • data analysis
  • engineering overviews

Full job description from WhatJobs. Apply for this role →

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