Senior Underwriter - Power & Renewables

The Hartford · London

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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.

Purpose of the Job

To negotiate, underwrite and develop a profitable portfolio of Power & Renewables business and offer outstanding service to our brokers and customers. To play a key role in supporting The Hartford’s stated aim of being The Insurer of the Transition.

Reporting Relationships

• Reports directly to the Head of Power & Renewables

• Working in close co-operation with the underwriting, engineering and claims teams

Job Responsibilities & Competence

• Use granted underwriting authority to support the execution of the Power & Renewables business plan. Assist in producing the annual business plan and play an active role in setting underwriting strategy

• Source and develop new business opportunities both through London Market brokers and Hartford International Offices, travelling overseas where relevant

• Use technical expertise to select and underwrite profitable new opportunities for the portfolio and ensure the future retention of existing clients

• Work with engineering to analyse account risk management features, benchmark sectors and technologies and keep abreast of industry developments

• Keep appraised of individual claims and trends within the portfolio and to liaise with the claims team as necessary to ensure appropriate settlement of claims, including ‘lessons learned’ outcomes with the claims and engineering teams

• Ensure compliance with The Hartford’s best practice, underwriting policies and controls and Lloyd’s regulations at all times

• Assist in further development of systems for the monitoring and reporting of aggregate exposures

• Support the development and ongoing review of technical pricing models

• Support the monthly reporting to management on developments in the Power and Renewables markets including detailed portfolio updates

• Contribute, as required, to the quarterly and annual reporting of underwriting results 

• Participate as required in various committees, including underwriting, engineering, operations and risk management

• Help to mentor and educate more junior team members as required

• Support thought leadership activities through the attendance and/or active participation at conferences and client events

Procedures

• Ensures that all policies and procedures are adhered to 

• Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented  

• Undertake continued Professional Development and comply with The Hartford’s procedures

Other Duties

The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford.

Qualifications and Capabilities

• To possess an in-depth knowledge of the Power Generation and Renewable Energy business 

• Possess a broad and deep London Market broker and client (or retail broker) network 

• Ability to develop and sustain relationships with internal and external customers 

• Reasonable standard of education, degree educated where it supports required technical knowledge 

• Ability to prioritise and organise workload 

• Good analytical abilities and attention to detail 

• Team player with the ability to work on a stand-alone basis 

• Good communication skills 

• Experience of identifying and implementing improved internal processes 

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