London (20 Fenchurch), UK, United Kingdom
22 hours ago
Underwriter - GCube Renewable Energy

Reporting to: Head of Onshore Underwriting – GCube

Position Type: Permanent, 35 hours per week
Hybrid: 3 days in the office, 2 days working from home

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

This is a great opportunity to join GCube, a global leader in the renewable energy sector. You will be responsible for the underwriting and ongoing account management of both new and renewal business, tasked with working with the team to source profitable underwriting opportunities globally in wind, solar and BESS technologies all whilst being part of a successful team dedicated to continued growth of a profitable book in renewable energy.

Key Responsibilities:

To underwrite renewal and new renewable energy business both at through the Company (and via the Lloyd’s where required) and always in accordance with the Business Plan.To work collaboratively with Senior Management and other Senior Underwriters to evolve the team’s strategy and develop an annual business plan, particularly within the territories assigned within the GCube territory matrix.To liaise with pricing actuaries in ad hoc pricing of risk, and the development and maintenance of various pricing tools when required.To promote the reputation and brand of the team and company through travel, new product development and identifying marketing opportunitiesTo establish, maintain and grow a broker network in the London Market and beyondTo assist in identify and researching new product opportunities and also progressive technology that will further our business and appreciation of riskTo support Senior Management in the purchase of both Fac and Treaty Reinsurance as and when required.To ensure underwriting files are maintained in good order and work with the Underwriting Assistants.To train and develop Underwriting Assistants and to share knowledge with the team on a regular basis by way of planned teaching sessions.

Performance Objectives:  

(within  first 3/6 months)

Establish connections within the team and begin to collaborate on underwriting specific key accounts.Early engagement and involvement in the BESS Consortium. Support the team with continuing to build broker relationship and generate new opportunities.Be engaging with more junior staff members to help development of the team.

Skills and Experience Specification:

Essential:
 

An experienced individual with a good reputation, sound technical underwriting knowledge and strong contacts across the London Market with particular reference to Renewable Energy.Highly ‘tech savvy’ with an interest in harnessing systems to streamline processes.Understanding of (Re)insurance principles and practicesDegree educated, or equivalentExcellent negotiation skillsStrong broker networkACII qualified, or progress made towards ACII or equivalent qualification as soon as possible.Ideally a minimum 5 years in the insurance industry

Desirable:

Additional language skills

What We Offer

 The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.

The Tokio Marine HCC Group of companies is an equal opportunity employer.  Please visit www.tmhcc.com for more information about our companies.

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