Underwriter/Senior Underwriter

Underwriter/Senior Underwriter focuses on 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.

What the role involves

• 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.
• Provide support to CUO including updating and regular maintenance of the underwriting manual.
• To manage underwriting risk exposures through aggregate limits and reinsurance, examine departmental practices and procedures with a view to delivering efficiencies.
• 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 reporti.
• Provide all ad-hoc assistance including projects.

Skills and requirements

• 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.
• Analytical and problem solving skills.
• Negotiation, judgment and decision making skills.

Additional role context

• Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919.
• Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.