Senior Underwriter, Environmental
Ascot GroupAbout the role
This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way.
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision‑making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI‑enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.
Position Overview:
The Senior Underwriter, Environmental will be part of a vibrant, collaborative team of technical production underwriters. As a member of the Ascot Environmental Prime Plus underwriting team, you will be responsible for generating new business and overseeing an existing portfolio of renewable business while operating within your assigned authority. You will serve as Emerging Technology subject matter expert within the Environmental Casualty division, with a particular focus on Renewable Energy, Green Economy and the Energy Transition. The role will include an emphasis on growing and maintaining assigned key broker and client relationships. This is a hybrid in-office position.
Responsibilities:
- Manage the profitability, growth, and retention of an assigned book of business through execution of individual risk underwriting and adherence to the strategic plan of the business unit.
- Underwrite and negotiate environmental casualty accounts to minimize risk and maximize profitability.
- Monitor premiums, costs and claims ratios per contract and take corrective measures if necessary to ensure long-term profitability at account level.
- Work independently within delegated underwriting authority and make referrals as required.
- Cultivate and maintain relationships with Environmental peers, leaders, and internal partners across functional areas to identify cross-selling opportunities, assist in product development and operational excellence.
- Foster and maintain external relationships with brokers in an effort to market and sell Ascot’s products.
- Operate with underwriting integrity by adhering to the Environmental guidelines, with the goal of achieving profitability over top-line growth.
Provide meaningful and constructive feedback to regional and home-office management to improve processes, identify efficiencies and be more relevant to the customer.
Analyze internally generated and third-party data to improve the underwriter productivity of the group and the broker experience.
Perform other duties as assigned.
Commit to The Ascot Way: Embody The Ascot Way in their daily interaction with colleagues, fostering colleague engagement and development, collaboration, inclusivity, and individual accountability.
Requirements:
- Bachelor’s degree (Engineering, Environmental or Biology/Chemistry is a plus) or equivalent experience.
- Minimum of 3 years of underwriting experience in the P&C insurance industry.
- Experience with environmental casualty.
- Experience with renewable energy products is preferred.
- Deep knowledge of Environmental insurance products, insurance regulations and the insurance industry.
- Strong collaborative skills and ability to thrive in a fast-paced, entrepreneurial environment.
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