Underwriter - Onshore Energy

2 weeks ago


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 function. The role holder is a member of the Onshore Energy Team within the Natural Resources Department and is accountable for ensuring the effective delivery of the vision and the strategy for Onshore Energy.


The role holder will be responsible for underwriting Downstream and Midstream risks in accordance with the Onshore Energy business plan.

About The Job

What you’ll spend your time doing:


While there is rarely a ‘typical’ day as an Underwriter, here’s a snapshot of some of the key parts of the job:

Strategy

  • Ensure the effective delivery of client portfolio strategies and business plan(s), ensuring alignment to the strategy, client relationship and profitable growth.

  • Where appropriate participate in and contribute to client segmentation and product forum activities to ensure clarity and clear understanding of the approach to specific clients and markets.

  • Follow the strategic direction of the portfolios and delivery of designated elements of the strategy and business plan.

  • Demonstrate client intimacy behaviours and strategies throughout the Location/Market, across the region and with entities.

  • Work in partnership within the entity and other entities across the regions to leverage relationships and opportunities.

Underwriting

  • Generate and manage business on a client relationship basis within agreed portfolios, markets and Entity.

  • Alignment to and delivery of tactical and strategic client intimacy initiatives within the location / market.

  • Undertake analysis of the location / market to help identify new business opportunities, products and clients, ensuring a robust business case.

  • Ensure risks are written within the agreed parameters – making sound long term decisions on risks that are written, with a focus on smart rationale underwriting.

Underwriting Management

  • Liaise with and ensure regional compliance with underwriting management, taking corrective action as necessary and operating within agreed authorities

  • Proactively participate in product forum meetings, as appropriate – challenging and responding to challenges regarding the Product performance.

Compliance and Risk Management

  • Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate.

  • Manage the location/market so that is complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.

You’re going to enjoy this job if you also…

  • Have good business and commercial market awareness, specifically of energy related business

  • Strong networking & managing both new and existing client relationships

  • Implementing and delivering a clear underwriting strategy 

  • Enjoy the challenge of shaping a balanced onshore energy portfolio for MS Amlin

What you’ll need:

For this particular role there are some important qualifications and experience we need you to have. These include:

  • In depth knowledge, expertise and strong experience of the downstream and midstream energy markets

  • Good understanding of relevant risk, regulatory and legal requirements

  • Strong understanding of client intimacy and how this impacts the strategy

What you can expect from us:

A competitive salary and benefits package is a given, but you can also expect:

  • A great team and supportive colleagues

  • An open mind (especially to new ideas and ways of doing things)

  • A strong focus on diversity, inclusion and equal opportunities

  • A programme of wellbeing and mental health support

  • Employer-supported volunteering (ESV)

  • Flexible working

  • Continuous learning

  • Study support

  • Structured career development

About Ms Amlin

MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.

Conduct Rules

With the implementation of the SM&CR (Senior Managers & Certification Regime), the Financial Services and Markets Act gave the FCA new powers to write conduct rules and apply them to all employees within a firm. The Conduct Rules set basic standards of good personal conduct. They stipulate that you must:

  • Act with integrity

  • Act with due care, skill and diligence

  • Be open and co-operative with the FCA, PRA and other regulators

  • Pay due regard to the interests of customers and treat them fairly

  • Observe proper standards of market conduct assessed on an annual basis

#LI-MSAUL

About Us

We know that to achieve our Vision of being the global reference point for quality in our markets, it is our people who will make the big difference. 

#J-18808-Ljbffr
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