Underwriter or Senior Underwriter- Energy Property

Swiss Re Corporate Solutions offers a flexible working environment where curious and adaptable people thrive. We support companies in their energy transition and manage their risks in the following industries: Power & Utilities including renewable energy, Oil and Gas Downstream and Midstream, Petrochemicals and Mining.

 

About the Role:

The responsibility of the role includes underwriting a portfolio of Energy accounts (with headquarters in the United States) within company guidelines and appetite, managing and building relationships with brokers and clients as well as interaction with internal stakeholders.

• Interact with brokers and clients to renew existing business and to source new business on behalf of Swiss Re Corporate Solutions and represent the company at industry events and conferences.
• Evaluate insurance submissions including risk analysis; natural catastrophe assessment; review of policy wordings; program structuring; costing & pricing; negotiate terms & conditions; ensure contract certainty.
• Interact and coordinate deal referrals with supporting units within Swiss Re including Products Underwriting; Contracts and Wordings, Claims, Risk Engineering Services; Natural Catastrophe Experts, Legal & Compliance, International Business Team etc. to ensure compliance with Swiss Re Underwriting standards and regulatory requirements.
• Use Swiss Re proprietary costing and workflow tools.
• Support various special projects to improve underwriting profitability, effectiveness and efficiency.
• Assume technical leadership of important topics such as underwriting in key industry (i.e. power generation) or special coverages.
• Help train new underwriters and support functions.

 

About the Team:

You will be part of a small but dynamic and collaborative team of experienced underwriters, focused on profit-oriented underwriting of Energy Property business.

 

We are a multicultural team with a diverse set of backgrounds, located in New York and Houston. The portfolio written includes the following industry segments: Power & Utilities including renewable energy, Oil and Gas Downstream and Midstream, Petrochemicals and Mining. We support companies in their energy transition and manage their risks!

 

About You:

• Passionate about Energy!
• Experience in underwriting Energy Property; 3-5 years for Underwriter role; 7-10 years for Senior Underwriter role.
• Strong interpersonal skills and ability to collaborate and coordinate with internal and external partners.
• Strong entrepreneurial and customer focused mentality; ability to work independently within a team.
• In-depth knowledge of Power Generation & Utilities, Renewable Energy, Onshore Energy (Oil and Gas, Petrochemicals), Mining Industries.
• Background in risk assessment of both Fire/Machinery Breakdown and natural catastrophe risks.
• Knowledge of Policy Wordings.
• Knowledge of international property insurance placements.
• Strong analytical skills and a background in statistics. Use of Microsoft Excel, Word and Power Point are crucial.
• Results oriented with a friendly, collegial and open communication style.
• Fluent in English with strong written and verbal communication skills. Additional language skills are desirable.
• Four-year degree, with a minimum bachelor's degree from an accredited university, or equivalent. Additional professional designations and/or degrees such as PE, MS, MBA, CPCU, ARM are desirable.
• Position will require 10-20% travel

The position will be located in our Houston, TX office. Our company has a hybrid work model where the expectation is that you will be in the office two to three days per week on average. 

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