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Job Overview

Upstream Energy Underwriter

Location: City of London, London Salary: £50,000 - £125,000
Type: Permanent Contact: James Sibthorp
Posted: about 1 month ago

Our client is looking to hire an underwriter to underwrite and develop a portfolio of worldwide upstream property and construction accounts. The job holder will be expected to generate new business, develop the company market share in the assigned client portfolio as well as to select, evaluate and underwrite offers of offshore energy property and construction accounts. In addition, the successful candidate will visit clients, brokers and ceding companies as well as survey risks onsite.

Other duties will be to receive, select and evaluate offers of facultative and direct business from various sources, calculate ratings, negotiate conditions of the contracts, generate new offers and promote the company by pro-active marketing in accordance with the strategy and guidelines defined by the Manager(s). The duties will include developing and maintaining relationships with clients and brokers and working with pricing actuaries and marketing actuaries to deliver loss and cash models required for the transaction assessment. There will be some travel with the role (estimated to be 15-30 days travelling on company business per annum).

Successful candidates will need to have experience in underwriting upstream energy and will ideally have experience in the Oil & Gas industry (preferably offshore energy activities). A higher education diploma in Engineering and/or equivalent discipline is desirable/preferable.

If you are interested in this role, please apply below or contact me for more information.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.