Renewable Energy Underwriter
GCube Insurance Services is one of the largest insurers of renewable energy projects in the world. GCube provides property and casualty insurance for solar farms, wind farms, and utility-scale batteries. GCube is part of Tokio Marine HCC, a leading specialty insurance group with more than 4,000 employees transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance.
GCube has an exciting opportunity for a Renewable Energy Underwriter. This is a great opportunity to gain exposure and build your insurance knowledge as part of a rapidly growing sector!
Position Overview:
As a Renewable Energy Underwriter, you will be an important member of a small and entrepreneurial team of underwriters.
The position may be based out of the following locations:
New York City, NY
Santa Ana, CA
Houston, TX
Other locations in the United States are not preferred but will be considered
The underwriter is required to evaluate new and renewal submissions as well as changes to existing policies. The role requires communicating and building relationships with brokers and other outside contacts, as well as maintaining files in accordance with company standards. The Underwriter will service brokers and clients throughout the US and Canada, as well has have regular interactions with our rest-of-world underwriting team based in Europe.
Requirements:
Candidates will have at least five years of relevant experience, such as underwriting or brokering commercial liability and/or property, preferably within renewable energy, power generation, package or construction lines. Comparable risk management experience will also be considered.
Minimum 4-year bachelor’s degree
Ability to travel as necessary, up to 20% of time, including site visits, conferences, internal and external meetings
Property and casualty broker license; may be obtained within first year of employment
Ability to work well in a team environment
Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy
Advanced organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
Knowledgeable of industry changes, legal updates, and technical developments related to the company’s business to proactively respond to changing business environment
Intermediate proficiency and experience using Microsoft Office package (Outlook, Teams, Word, Excel, PowerPoint)
Performance Objectives:
During the first three months, gain an understanding of GCube’s structure and insurance products.
Respond to submissions and servicing items within agreed upon time frames.
Evaluate risks for acceptability within established underwriting guidelines and determine appropriate, limit, deductible, endorsements, exclusions and class of business.
Clearly and effectively communicate decisions with brokers and effectively respond to any ensuing inquiries.
Create and maintain necessary files, such as underwriting files, rating worksheets, documentation of phone conversations, and other key documents according to departmental guidelines.
Meet annual department goals for profitability, renewal retention, new business growth and rate.
Cultivate relationships with internal and external contacts to promote business development and to remain abreast of industry trends
Demonstrate a strong desire to work within a high-functioning, results-oriented team
Show critical thinking skills by finding creative solutions to satisfy both clients and business needs.
Disclaimers:
This document is intended to describe the general nature and level of work being performed and is not to be construed as an exhaustive list of all responsibilities, duties and skills required for the job.
TMHCC will consider all requests for reasonable accommodation as outlined in the Employee Handbook. Management may, at its discretion, assign or reassign duties and responsibilities to this job at any time.