Job Title: Renewable Energy Underwriter
Salary: Circa £120,000 - £150,000 + discretionary bonus (DOE)
Location: London (Lloyd’s Market)
PURPOSE OF THE ROLE
An established Lloyd’s managed syndicate in London is looking to appoint a Renewable Energy Underwriter to join its energy and power underwriting team. The business has an active and growing renewable energy portfolio spanning onshore and offshore wind, solar, battery storage and other low-carbon technologies, and is looking to strengthen its underwriting capability as demand for specialist renewables cover continues to grow across the London and Lloyd’s markets.
This is an opportunity to join a well-regarded underwriting team with genuine authority to shape a growing book, working closely with brokers and clients across the international renewables sectors.
RESPONSIBILITIES
- Underwrite a portfolio of renewable energy risks, including construction and operational property, business interruption and liability exposures across onshore/offshore wind, solar, energy storage and emerging technologies.
- Assess and price new and renewal business in line with delegated authority and underwriting guidelines.
- Build and maintain strong relationships with brokers, MGAs and coverholders to develop new business opportunities.
- Monitor market trends, competitor activity and emerging risks within the renewables sector to inform underwriting strategy.
- Work closely with actuarial, claims and risk engineering colleagues to ensure robust risk selection and portfolio performance.
- Represent the syndicate at broker and market events, contributing to the profile of the renewable energy offering.
- Support the development of underwriting policy, wordings and pricing tools specific to renewable energy risks.
- Contribute to business planning, portfolio reporting and management information.
SKILLS
- Proven underwriting experience gained within the London or Lloyd’s market, ideally with direct exposure to renewable energy, power or broader energy/property lines.
- Strong technical understanding of renewable energy risk, including construction and operational exposures for wind, solar and/or storage assets.
- Established relationships with brokers and/or MGAs active in the renewables space.
- Sound understanding of delegated authority arrangements and Lloyd’s market practice.
- Strong analytical and pricing skills, with the ability to assess complex risks accurately.
- Excellent relationship management and communication skills, comfortable representing the business externally.
- Professional insurance qualifications (e.g. ACII, or working towards) desirable but not essential.
- Degree educated or equivalent industry experience.
If you would like to understand more about this position, Please feel to get in touch with Louis Gibbs via email on louis.gibbs@lawesgroup.co.uk.