Head of Energy Underwriting

2 weeks ago

London, Greater London, United Kingdom The Travelers Companies, Inc. Full time
Who Are We? Taking care of our customers, our communities and each other. That's the Travelers Promise.

By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years.

Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Target Openings 1 What Is the Opportunity? You will play a pivotal role in maintaining and shaping the future of our energy insurance portfolio.

Working in partnership with colleagues across the business you will lead a team of skilled underwriting teams, developing and implementing profitable underwriting strategies across all energy sectors, including traditional and renewable sources.

Your expertise in risk assessment, market analysis, and strategic decision-making will contribute significantly to the profitability and reputation of Travelers Business Insurance, Specialty.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy.

This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees).

This policy may be changed at the Company's discretion.

What Will You Do? Portfolio Management:

Lead the underwriting activities for the energy portfolio in collaboration with the Active UW, BI Underwriting Office and US Underwriting Office, ensuring alignment with the company's strategic objectives.

Develop and implement underwriting guidelines and standards specific to the energy sector.

Risk Assessment:
Conduct thorough risk assessments for complex insurance submissions, evaluating exposures, loss potentials, and other relevant factors. Apply sound underwriting judgment to determine acceptability and pricing of risks.
Monitor and analyse the performance of the energy portfolio, making recommendations for adjustments as necessary.

Market Analysis:
Stay abreast of market dynamics, emerging trends, and regulatory developments impacting the insurance industry. Utilize market intelligence to inform underwriting decisions and capitalize on market opportunities.

Relationship Management:
Cultivate strong relationships with brokers, clients, and other stakeholders within the insurance marketplace. Collaborate effectively to negotiate terms, resolve issues, and drive business growth.

Underwriting Compliance:
Ensure compliance with Lloyd's underwriting standards, regulatory requirements, and internal policies. Conduct regular audits and reviews to uphold underwriting quality and integrity.

Team Development:
Foster a culture of inclusion, continuous learning and excellence within the underwriting team. striving to maximise team capability for both personal development and technical underwriting. Manage performance of the existing team whilst being aware of external talent opportunities to enhance team performance.

Operational Efficiency:

Supporting the Active UW, partner with the UW office and functional leaders to streamline underwriting processes, leverage technology solutions, and implement best-in-class underwriting practices to enhance operational efficiency and effectiveness.


Stakeholder Communication:
Communicate underwriting strategies, performance metrics, and key initiatives to senior management, and other internal stakeholders. Present findings and recommendations in a clear, concise manner.
Perform other duties as assigned. What Will Our Ideal Candidate Have? Significant experience of the energy market with advanced energy underwriting capability

Proven track record of leadership and team management, with the ability to inspire and motivate a high-performing underwriting team.

Strong analytical skills, with the ability to assess risks, interpret data, and make informed underwriting decisions.
Excellent communication and interpersonal skills, with the ability to build rapport and negotiate effectively with stakeholders.
In-depth knowledge of insurance products, underwriting principles, and regulatory requirements applicable to London Market / Lloyd's of London.
Proficiency in underwriting systems, data analytics tools, and Microsoft Office Suite.
Advanced degree or professional certifications (e.g., ACII) preferred.

What is a Must Have? Extensive experience in underwriting complex insurance risks within the Lloyd's market or a similar environment.

Substantial experience underwriting higher hazard classes of business.
Experience influencing at all levels and driving optimal results through inclusive leadership.
Proven experience of, and capability to make technical underwriting decisions.

What Is in It for You? Private Medical Insurance:

On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.


Retirement:
Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.

Holiday Entitlement:

Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.


Wellness Programme:

The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs.

In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.


Volunteer Encouragement:
We have a deep commitment to the communities we serve and encourage our employees to get involved.

Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

Employment Practices Travelers is an equal opportunity employer.

We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.

If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.

To learn more about our comprehensive benefit programs please visit 0

  • Underwriting Technician, Energy

    1 month ago

    London, Greater London, United Kingdom SiriusPoint Full time

    Who We AreSiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world....

  • Energy Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Harrison Holgate Full time

    Position: Energy Underwriter - Upstream Energy and PowerSalary: £80,000 onwards plus packageLocation: City of London Hybrid: Yes An exciting opportunity for an Underwriter or Senior Underwriter in the Energy and Power space, to join a market leading syndicate in their Offshore Energy team covering worldwide territories including North America, helping to...

  • Assistant Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Instant Underwriting Full time

    The JobnAs part of our growth aspirations we're excited to be adding to our team - we're looking for an Assistant Underwriter (Property, SME Package). You will be responsible for providing underwriting support to the team and work closely with agents and brokers, providing exceptional customer service and building strong relationships, while ensuring the...

  • Commercial Property Underwriters

    2 weeks ago

    London, Greater London, United Kingdom Rokstone Underwriting Full time

    Reporting to: Head of Recycling Location: Hybrid - Office and Home We are looking for an experienced Property Underwriter to join our longest-established product line, a niche underwriting facility targeting waste & recycling risks based in the UK, Australia, and the US. We have a long and successful history of writing waste & recycling business with...

  • Underwriter, Energy

    2 weeks ago

    London, Greater London, United Kingdom SiriusPoint Full time

    You will be our Underwriter, Energy & Marine Liability. The main purpose of your role is negotiating, underwriting and maintaining a profitable portfolio of business to meet budgetary requirements, as well as researching new business opportunities to develop a quality book of business. You will report to the Senior Underwriter, Energy.Your responsibilities...

  • Underwriter, Energy

    4 weeks ago

    London, Greater London, United Kingdom SiriusPoint Full time

    You will be our Underwriter, Energy & Marine Liability. The main purpose of your role is negotiating, underwriting and maintaining a profitable portfolio of business to meet budgetary requirements, as well as researching new business opportunities to develop a quality book of business. You will report to the Senior Underwriter, Energy.Your responsibilities...

  • Commercial Property Underwriters

    2 weeks ago

    London, Greater London, United Kingdom Rokstone Underwriting Full time

    Role: Underwriter/Senior Underwriter - Property Reporting to: Head of Recycling Location: Hybrid - Office and Home Role: We are looking for an experienced Property Underwriter to join our longest-established product line, a niche underwriting facility targeting waste & recycling risks based in the UK, Australia, and the US. We have a long and successful...

  • Underwriter, Energy

    4 weeks ago

    London, Greater London, United Kingdom SiriusPoint Full time

    You will be our Underwriter, Energy & Marine Liability. The main purpose of your role is negotiating, underwriting and maintaining a profitable portfolio of business to meet budgetary requirements, as well as researching new business opportunities to develop a quality book of business. You will report to the Senior Underwriter, Energy.Your responsibilities...

  • Senior Energy Underwriter

    4 weeks ago

    London, Greater London, United Kingdom Avencia Consulting Full time

    About usAvencia Consulting are recruiting on behalf of a leading Insurer who are looking to hire a Senior Energy Underwriter to join, where you will support on Energy Transition and wider energy business. The roleThe company is looking for a new Senior Energy Underwriter to advance the company's ability to support the progression towards a greener economy....

  • Head of Energy

    2 weeks ago

    London, Greater London, United Kingdom Avencia Consulting Services Full time

    About usAvencia Consulting are partnered with a leading Specialty & Bespoke Reinsurance based in the City, who are looking to hire a Head of Energy to join.The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines;...

  • Senior Energy Underwriter

    2 weeks ago

    London, Greater London, United Kingdom The Fidelis Partnership Full time

    Job Description About us The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at The Company currently writes lines of business...

  • Underwriter - Onshore Energy

    2 weeks ago

    London, Greater London, United Kingdom MS Amlin Full time

    Underwriter - Onshore Energy page is loaded Underwriter - Onshore Energy Apply locations London time type Full time posted on Posted 30+ Days Ago job requisition id RQ9086 Role: Underwriter - Onshore Energy Location: London Position type: Full time, permanent Our underwriters are at the heart of everything we do, without them our business wouldn't...

  • Marine & Energy Liability Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Lawes Insurance Recruitment Full time

    Job Title – Marine & Energy Liability Underwriter Contract – Permanent Location – London – Hybrid working available Industry – Insurance (Insurance, Underwriting, London Market, Energy, Marine, Liability) A highly regarded name in the industry is looking to grow their wider Marine and Energy division and hire a Marine & Energy Liability...

  • Renewable Energy Underwriter

    2 weeks ago

    London, Greater London, United Kingdom AIG Full time

    Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings...

  • Head of Underwriting

    2 weeks ago

    London, Greater London, United Kingdom Zego Full time

    About us Created in 2019, EICL was the UK's first ever insurtech to secure its own insurance licence. Authorised and regulated by the Gibraltar Financial Services Commission, we provide underwriting capacity to the group MGA, Zego, for commercial motor customers in the UK. Trailerblazers, industry disruptors, game changers. Whatever you call us, we're...

  • Head of Underwriting Delivery

    2 weeks ago

    London, Greater London, United Kingdom Munich Re Full time

    At Munich Re Specialty Group (MRSG), individuality is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we are committed to...

  • Offshore Renewable Energy Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Aviva Full time

    Offshore Renewable Energy UnderwriterSalary: CompetitiveA bit about the job:This role is to work alongside our Renewable Energy Underwriting Manager to grow our Offshore Renewable Energy portfolio. Aviva have an ambition to be the number one insurer of renewable energy assets in the UK, and a key driver for this is Offshore Wind, therefore this is a critical...

  • Senior Offshore Renewable Energy Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Aviva Full time

    Senior Offshore Renewable Energy Underwriter - £90,000 to £110,000 for LondonWe currently have an opportunity for anexperienced underwriter or broker, who specialises in the field of renewable energy, to join our growing Renewable Energy and Engineering team. This would be a great job for someone who has gained excellent exposure recently tounderwriting...

  • Head of Commercial Underwriting

    2 weeks ago

    London, Greater London, United Kingdom KFS Recruitment Full time

    Head of Commercial UnderwritingLondonOur client is a successful alternative lender who is in the process of launching a new commercial property investment product in early 2023.They are recruiting for a Head of Commercial Underwriting to set up and implement credit policies, work alongside the Commercial Director to help build out future products as well as...

  • Insurance Underwriter

    2 weeks ago

    London, Greater London, United Kingdom Lawes Insurance Recruitment Full time

    Job Title – Marine & Energy Liability Underwriter Contract – Permanent Location – London – Hybrid working available Industry – Insurance (Insurance, Underwriting, London Market, Energy, Marine, Liability) A highly regarded name in the industry is looking to grow their wider Marine and Energy division and hire a Marine & Energy Liability...