Jobs
>
London

    Senior Energy Underwriter - London, United Kingdom - The Fidelis Partnership

    Default job background
    Description
    Job Description

    About us

    The Fidelis Partnership is a leading specialty, bespoke and (re)insurance business. We have built our name on a 40-year track record of outperformance, and we continue to beat the market in our underwriting and returns. More information on The Fidelis Partnership can be found at

    The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.

    Role Overview

    The Fidelis Partnership is looking for a new Senior Energy Transition Underwriter to advance the company's ability to support the progression towards a greener economy. Over the coming years, trillions of dollars of investment will be needed into clean energy, climate technology and carbon markets, and the demand for new insurance products to enable this will grow. The needs of existing energy clients are also evolving as these companies invest significant amounts into developing greener business models. The new Underwriter will help The Fidelis Partnership to take advantage of this emerging and substantial market opportunity. An element of the role will be underwriting a select group of Oil and Gas clients that we have identified as having clear, measurable emissions targets and we are willing to support them in their transition journey. Therefore, the role will include a renewal portfolio of Oil and Gas and also a new product line with these clients (carbon credits, hydrogen etc).

    Key Accountabilities

    • Build out expertise on transition-related technologies, including the associated insurance value chains, client needs and product specifications (e.g. covering new types of renewables, hydrogen powered technology across various industries, carbon capture, carbon markets)
    • Underwriting the current O&G portfolio – optimising the portfolio within a green framework.
    • Identify clients and products which fit with the overall Fidelis approach and risk appetite to narrow down the potential opportunities into priority areas
    • Identify specific business opportunities and filter these, proposing risks to existing underwriting teams for execution – this will involve working with all lines of business as needed, including property, energy and renewables (open market as well as through Pine Walk cells)
    • Evaluate opportunities to adjust existing products by building in incentives for clients to transition
    • Develop a more holistic approach to energy clients to supplement traditional approach, which is segmented into traditional energy and renewables
    • Support underwriting teams on execution and thereby participate in the underwriting process: this includes evaluation and presentation of submissions, analysing and interpreting exposures, determining coverage and contract language
    • Key to this role is the origination, build-out and leveraging of broker and client relationships
    • Monitor market developments and remain current regarding knowledge of all relevant classes of business, including legislative and regulatory changes/requirements

    Skills & Experience

    • Strong background in energy from an underwriting, engineering and/or advisory perspective, with minimum of 5 years' experience in this industry
    • Established networks and strong existing relationships in the energy industry (across corporates, underwriters, brokers, advisors, etc)
    • Underwriting background is essential but insurance experience strongly preferred, which could include as a buyer of insurance, (Lloyd's/London Market/specialty insurance/reinsurance) with good working knowledge of insurance market needed
    • Strong interest in transition and a desire to support the achievement of net zero objectives, alongside a more general commitment to doing business sustainably
    • Effective communication and engagement abilities with experience of working directly with underwriters and/or brokers strongly preferred
    • Demonstrated ability to combine technical analysis with judgment to provide insights for commercial decision-makers, while appropriately considering analytical limitations

    The Fidelis Partnership Ethos

    Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.

    • Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
    • Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
    • Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
    • Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
    • Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.

    Diversity, Equality & Inclusion

    Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across The Fidelis Partnership.


  • Eames Consulting

    Energy Underwriter

    3 weeks ago


    Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance, Insurance, Broking & Underwriting- · **Location**: City of London- · **Job Ref**: JN _ · **Job Type**: Permanent- · **Salary**: £ £75000 per year- · **Contact**: James SibthorpI am recruiting for a Lloyd's syndicate that requires ...


  • Brit Group Services London, United Kingdom

    **Employment Type** · - Permanent · **Location** · - London · **Role Details** · - Who are we? · Ki is the biggest global insurance tech company you've never heard of, unless you've been looking to insure a satellite, wind farm or music festival recently. · We launched in 2021 on ...


  • Chubb INA Holdings Inc. London, United Kingdom

    The CGM Energy division are seeking an enthusiastic and driven individual to join their team. As Assistant Underwriter, you will support the underwriters with their day to day administrative and technical responsibilities and develop their own underwriting abilities. You will sup ...


  • BRUIN Financial London, United Kingdom

    Permanent · - London, · **Ref**: 34051 · Exclusively partnering with an experienced, close-knit Renewable Energy Team, I seek to talk with Underwriters looking to make their next move. · As the business continues to grow, the next phase in the business plan is to further develop ...


  • SiriusPoint London, United Kingdom

    **Who We Are** · SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. · Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SP ...


  • Allianz Commercial London, United Kingdom

    **Let's care for tomorrow.** · **Your ambitions. Your dreams. Your tomorrow.** · Whether it's aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. · ...


  • Apollo London, United Kingdom

    **Who we are**: · Apollo is an independent specialist (re)insurer launched in 2009 to provide high quality products and services to clients, brokers, and capital partners at Lloyd's. The Apollo name recognised the success of one of its founding investors Neil Armstrong, who in 19 ...


  • Swiss RE London, United Kingdom InternshipSHIP

    Our intern program offers you the opportunity to learn about Energy Underwriting with a view to pursuing a career with a leading global provider of insurance and other insurance-based forms of risk transfer. · Throughout the program, you will be based within the Energy Underwriti ...


  • AIG London, United Kingdom

    Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial service ...


  • XL Catlin London, United Kingdom

    **Flexible Work Eligible**: Flexible Work Schedule · **DISCOVER your opportunity** · **Underwriter - Energy Transition**: · **London**: · AXA XL is looking for underwriter to join the London Energy team, to support and contribute to our energy transition (ET) proposition. · AXA X ...


  • Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance, Insurance, Broking & Underwriting- · **Location**: City of London- · **Job Ref**: JN _ · **Job Type**: Permanent- · **Salary**: Up to £150000 per annum- · **Contact**: James SibthorpEames Consulting is acting as an Employment Age ...


  • IQUW London, United Kingdom

    Overview: · **Senior Underwriter**: · **Reporting to**: Lead Underwriter · **Location**: London · **About us** · IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and ...


  • Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance, Insurance, Broking & Underwriting- · **Location**: City of London- · **Job Ref**: JN _ · **Job Type**: Permanent- · **Salary**: Up to £100000 per annum per year- · **Contact**: James SibthorpEames Consulting is acting as an Emplo ...


  • FM Global London, United Kingdom

    The FM Global Renewables Division is looking for a Renewable Energy Underwriter (Construction) to join our international team servicing a global book of renewable energy clients. The Renewable Energy Construction Underwriter must have a strong understanding of exposures and risk ...


  • Allianz Commercial London, United Kingdom

    **Let's care for tomorrow.** · **Your ambitions. Your dreams. Your tomorrow** · Whether it's aircraft, international business, offshore wind parks or Hollywood film productions, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses. · W ...


  • AIG London, United Kingdom

    Your future team · General Insurance is a leading provider of insurance products and services for commercial and personal insurance customers. It includes one of the world's most far-reaching property casualty networks. General Insurance offers a broad range of products to custom ...


  • AXIS Insurance London, United Kingdom

    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an ...


  • AXIS Insurance London, United Kingdom

    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an ...


  • AXIS Insurance London, United Kingdom

    This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an ...

  • BERKSHIRE HATHAWAY SPEC INS

    Underwriter, Energy

    1 week ago


    BERKSHIRE HATHAWAY SPEC INS London, United Kingdom

    Underwriter, Energy & Construction Casualty · A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers arou ...