Renewable Energy Underwriter

The Travelers Companies, Inc.; London; Hybrid; GBP 35,000 - 65,000; Full time

Job description

Who Are We?

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.

Target Openings

1

What Is the Opportunity?

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, 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 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.

What Will You Do?

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, and industry factors.
Utilise appropriate systems to accurately enter quotes, risks, and endorsements.
Monitor market factors and world affairs as part of research and development of new opportunities.
Promote Travelers Line of Business and provide guidance on the Company's underwriting philosophy.
Provide guidance, mentoring, and coaching to others as appropriate.
Each individual has responsibility for:
- Acting in accordance with Travelers Companies' Code of Business Conduct and Ethics.
- Delivering high-quality service to brokers and customers.
- Complying with all legal, insurance, regulatory, and Lloyd's rules and guidelines.
- Working as a team with colleagues within the Company and the Enterprise.
- Developing strong relationships with key supporting brokers and customers.
- Keeping adequate records of all transactions undertaken with brokers and customers.
- Continually looking for improvement from a personal and business perspective.
- Performing other duties as assigned.

What Will Our Ideal Candidate Have?

Experience within the Lloyd's market preferred, with a basic understanding of the internal and external factors impacting the market.
Underwriting experience preferred.
Degree preferred.
Expected to be studying towards ACII qualification.

What is a Must Have?

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

What Is in It for You?

- Private Medical Insurance: Eligible for single cover provided by Travelers.
- Retirement: Travelers will make a core contribution to your Pension Plan.
- Holiday Entitlement: Minimum of 25 days holiday entitlement annually.
- Wellness Programme: Access to wellness tools and professional counseling services.
- Volunteer Encouragement: Opportunities to get involved in community service.

Employment Practices

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.