Renewable Energy Underwriter

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.

We are looking for an Onshore Renewable Energy Underwriter to join our successful Renewable Energy Underwriting team in London. You will be responsible for supporting the management of the book's profitability by underwriting and processing new business, renewals and mid-term adjustments, and monitoring rate adequacy.

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.

This role is eligible for a £2,500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.

• Support the overall profitability, growth and retention of the Line of Business and consistency of all related underwriting initiatives.
• Ensure that business is written in accordance with the Company's policies, procedures and controls (including audit requirements) at all times, and adheres to Lloyds Underwriting Management Standards.
• Support the development of assigned Line of Business and services such as researching and identifying target business, competitor information, industry and economic factors.
• Utilize appropriate systems to accurately enter quotes, risks and endorsements, ensuring correct management, statistical and regulatory reporting.
• Gather data and prepare reports to support the execution of corporate/business underwriting policies/standards.
• Monitor market factors and world affairs as part of research and development of new opportunities.
• Promote Travelers Line of Business, distribution strategy and philosophy, and provide guidance on the Company's underwriting philosophy, procedures and requirements.
• Provide guidance, mentoring and coaching to others as appropriate.
• Act in accordance with Travelers Companies' Code of Business Conduct and Ethics, Business Excellence Policy and all HR policies and procedures.
• Deliver high quality service to brokers and customers in line with our service standards.
• Comply with all legal, insurance, regulatory, Lloyd's and Sarbanes Oxley rules and guidelines.
• Act at all times in compliance with the Treating Customers Fairly outcomes.
• Work as a team with colleagues within the Company and the Enterprise.
• Develop strong relationships with key supporting brokers, customers, and other external stakeholders.
• Adhere to the Company's policies and procedures.
• Keep adequate records of all transactions undertaken with brokers, customers, and all other parties.
• Continually look for improvement both from a personal and business perspective.
• Perform other duties as assigned.

• Experience within the Lloyd's market preferred, with a basic understanding of the internal and external factors which impact the market.
• Underwriting experience preferred.
• Degree preferred.
• Able to demonstrate emerging technical proficiency and application of knowledge commensurate to your underwriting authority.
• Able to make sound quoting and pricing decisions that are in the Company's best interests.
• Intermediate knowledge and ability in respect of judgment, decision making, communication and strong teamwork.
• Demonstrates Intermediate knowledge and experience in respect of Relationship Management.
• Demonstrates Intermediate knowledge and experience in respect of Analytical Thinking/Financial Acumen.
• Utilizes understanding of finance and accounting principles to identify the impact of responsible underwriting decisions on overall profitability.
• Demonstrates Intermediate knowledge and experience in respect of Product/Technical proficiency.
• Demonstrates Intermediate knowledge and experience in respect of Business Perspective.
• Expected to be studying towards ACII qualification.

• Previous Property and Casualty insurance experience in either an underwriting, operational or broker capacity.
• Secondary level education or equivalent required.

• 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.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan.
• Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually.
• Wellness Programme: The Travelers wellness programme provides access to resources that empower you to achieve your wellness goals.
• Volunteer Encouragement: We encourage our employees to get involved in the communities we serve.

Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization.

If you have specific questions regarding the physical requirements of this role, please send us an email.

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 here.