Underwriter/Senior Underwriter - Onshore Energy
Job in
City Of London, Central London, Greater London, England, UK
Listed on 2026-03-10
Listing for:
Starr
Full Time
position Listed on 2026-03-10
Job specializations:
-
Insurance
Underwriter, Insurance Analyst, Insurance Risk / Loss Control, Insurance Claims -
Finance & Banking
Underwriter
Job Description & How to Apply Below
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.
- 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, judgement and decision making skills;
- Professional business writing and presentation skills;
- Strong communicator, both written and orals;
Position Requirements
10+ Years
work experience
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