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Date Added: Tue 05/11/2024

Assistant Underwriter - Renewable Energy And Power

London, UK
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Company: QBE MANAGEMENT SERVICES (UK) LIMITED

Job Type: Permanent, FullTime

Salary: Competitive salary

Primary Details

Time Type: Full time Worker Type: Employee

Assistant Underwriter – Renewable Energy and Power

London based with hybrid working We currently have an opportunity for an Assistant Underwriter within our Natural Resources team.

This is a great opportunity to join a team with long-standing, successful client relationships and define your career within Renewable Energy and Power underwriting. Surrounded by supportive, experienced colleagues, this market-facing role will provide full exposure across the underwriting lifecycle.

Your new role

  • Follow the annual business plan for the portfolio and its context to be able to make decisions appropriately
  • Contribute to the planning process through research and project work
  • Participate in meetings to support the development of strategy, share knowledge and best practice
  • Perform underwriting activities in accordance with all legal and regulatory requirements to ensure obligations are met
  • Contribute to the recording and measurement of insurance risks to ensure accuracy and good practice
  • Apply the reinsurance programme to minimize the susceptibility to unknown risks
  • Maintain relationships with stakeholders including customers, brokers, business partners and colleagues, to increase exposure in the market.
  • Develop knowledge of market dynamics and market cycles to be able to support business performance.
  • Underwrite insurance risks in accordance with the business plan and delegated underwriting authority to meet business objectives, referring as required, including: | negotiating rates, terms and conditions for existing and new business | ensuring compliance with internal and external regulations and guidelines | contributing to the business plan and objectives | Support credit control in payment collection

About you

  • Previous experience in an Underwriting support role within the renewable energy and Power product line 
  • Keen to take the next step in your career in terms of underwriting authority
  • Good technical, analytical skills with the ability to interpret data and identify trends
  • Commercial ability to understand the key profit drivers to maximise long term wealth for our shareholders
  • Intermediate level understanding of relevant software including Excel and other departmental software packages
  • Team player with the ability to work collaboratively and develop strong working relationships

Why QBE? At My Best?? 

?At QBE, we want our people to feel rewarded and inspired to perform at their best, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.?? 

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future – helping those around us build strength and embrace change to their advantage.?? 

QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job, we have adopted flexible working across the company and welcome this conversation (https://careers/flex-qbe/).? 

With more than more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.?? 

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