Assistant Underwriter - Upstream Energy

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Role Purpose:

The role will have both personal and collective responsibility for supporting the growth and profitability of the portfolio.   The position involves supporting the underwriting of business in line with appetites as well as developing and maintaining relationships with London & International Brokers and clients.

Job responsibilities:

• Underwrite new and renewal accounts to meet planned underwriting results, through proactive account review, analysis of underwriting trends and improvement plans to maintain profitability. 

• Negotiate account participation, pricing and terms and conditions with brokers.

• Underwrite in line with Global framework - e.g. Underwriting Authorities, Underwriting Guidelines, Rules and Principles.

• Support execution of the global underwriting and marketing strategies.

• Proactively support acquisition of new business and retention of existing business through market and client meetings with our Insureds / potential Insureds.

• Develop and maintain strong relationships with key Brokers & Insureds. 

• Support training and developing of Underwriting Assistants to continually improve their operations and trading capability and development of a market leading team.

• To keep abreast of claims and support senior team members in the liaising with the claims team as necessary to ensure appropriate settlement of claims.

• Contribute to the quarterly and annual reporting of Underwriting results. 

Experience:

• Work experience within Upstream Energy or general insurance marketplace

• Basic knowledge of of upstream and midstream energy sectors within the global oil & gas landscape

• Preferable knowledge/interest working on emerging and frontier market with relevance to exploration and production of oil & gas

• Strong process management discipline. Establish priorities, anticipate problems, determine completion dates, communicate the status of assignments; manage time effectively; and uses the services of others effectively.

• Team player with a strong collaborative orientation; ability to build strong relationships across an organisation.

• Business level English

• ACII preferred or working towards

This role will be based in London, UK and you are required to have the necessary right to work details prior to application.