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About the Role

Canopius’ market leading Energy division seeks a skilled Upstream Energy Underwriter for the London Natural Resources Team. This role is crucial for driving profitable growth through risk selection of new and renewal business for global energy clients in the Upstream and Midstream sectors.

Responsibilities

• Evaluate insurance risks in accordance with the Business Plan and personal authority to meet business objectives.
• Foster and sustain robust connections with stakeholders, including clients, brokers, and team members.
• Establish strategic partnerships aligned with the Business Plan to facilitate the attainment of organizational goals.
• Adhere to the insurance strategy to minimize risk and achieve targets outlined in the business plan.
• Actively engage in shaping and refining strategies, knowledge, and best practices within the team.
• Advocate positively for the department, division, and company brand.
• Ensure compliance with all legal and regulatory standards.
• Uphold underwriting guidelines, instructions, and best practices to reduce risk and improve operational efficiency.
• Remain knowledgeable about market dynamics and demonstrate awareness of market cycles.
• Encourage and develop team members.
• Assist with the advancement of AI Tools in process modules to increase efficiencies in the day-to-day capture of underwriting data.

Requirements

• Proven experience in the Energy and London Insurance market with a good understanding of market dynamics.
• Ability to develop business opportunities.
• Contribute to long-term success of the overall business through business planning, organisation and development.
• Confident and good communication skills to collaborate with colleagues and external stakeholders.
• Strong working knowledge of MS Office (Word / Excel / PowerPoint / Power BI).
• Excellent analytical and negotiation skills.
• Proficient in managing single risk aggregate exposures and understanding the joint venture principal in maintaining combined offshore platform aggregates.
• Ability to navigate SQL Impact or equivalent aggregation tool is preferable.

Skills

• Energy market knowledge
• London Insurance market knowledge
• Business development
• Business planning
• Organization
• Communication skills
• MS Office proficiency
• Analytical skills
• Negotiation skills
• Risk management
• SQL Impact or equivalent aggregation tool navigation

Location

• London

Work Type

• Full-time

Experience Level

• Experienced

About the Company

• Canopius’ market leading Energy division.
• The Upstream Energy portfolio forms part of the wider Natural Resources Team, with exposure to all areas of the Energy Value Chain, including Downstream, Power & Renewables as well as Minerals, Metals & Mining via the Heavy Industries product line.