Energy Underwriter Assistant

1 day ago

London, Greater London, United Kingdom Canopius Full time
{"title": "Assistant Underwriter - Energy Class", "content": "

About the Role

We are seeking an Assistant Underwriter to join our team in the Energy Product line. As an Assistant Underwriter, you will be responsible for evaluating and underwriting renewal business in a timely and efficient manner within your agreed underwriting authority level.

Key Responsibilities

  • Evaluate and underwrite renewal business in a timely and efficient manner.
  • Assist Underwriters with underwriting new business opportunities.
  • Develop and maintain relationships with key external partners such as brokers and clients.
  • Analyse terms, specification, actuarial analysis and rating on prospective and existing business.
  • Analyse data, including rating, terms etc of the portfolio as a whole.
  • Work collaboratively with key internal stakeholders to allow for accurate monthly risk aggregation reporting.
  • Identify and implement ways to streamline underwriting processes.
  • Ensure compliance with regulatory and internal procedures.
  • Compile underwriting reports as appropriate.
  • Assist with the administration of risks including regulatory requirements.
  • Liaise with underwriting back up and support teams.
  • Verify and produce ad-hoc reports to the team to assist with strategy and plan execution.

Requirements

  • Ability to risk select, which would deliver a profitable portfolio.
  • General knowledge of insurance and underwriting within Lloyd's marketplace.
  • Good general knowledge of the Upstream class.
  • Knowledge of wordings is preferable but not essential.
  • Strong IT skills, particularly Microsoft Excel and Power BI.
  • Data mining, statistical modelling and data visualisation.
  • Analytical and problem solving skills.
  • Part CII qualification achievement or a desire to expand knowledge within the industry via professional exams is favored.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

We foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment.

", "lang_code": "en-US"}

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