Underwriter, Natural Resources

Job Description

Canopius' market leading Natural Resources division are looking for a skilled and experienced Power & Renewables Underwriter to take on a prominent role within the APAC Natural Resources Division. As an Underwriter you will play a crucial role in driving profitable growth through underwriting new and renewal business, for a broad portfolio of APAC Power & Renewables risks including onshore conventional power and onshore renewables.

The Power & Renewables portfolio, forms part of a wider Natural Resources division, with exposure to all areas of the Natural Resources Value Chain, including Power & Renewables, Downstream, Midstream & Upstream and Mining & Heavy Industries.

Responsibilities

Key Responsibilities

• Develop the Power & Renewable energy business and proposition in APAC & MENA, as per the Global/Regional Natural Resources SBF Management Plan
• Work in close cooperation within London team and work within underwriting guidelines and risk appetite philosophy
• Evaluate insurance risks in accordance with the Business Plan and personal authority to meet business objectives effectively
• Foster and sustain robust connections with stakeholders, including clients, brokers, and team members, to enhance influence and support business initiatives.
• Establish strategic partnerships aligned with the Business Plan to facilitate the attainment of organizational goals.
• Adhere to the insurance strategy to minimize risk and achieve targets outlined in the business plan.
• Actively engage in shaping and refining strategies, knowledge, and best practices within the team.
• Advocate positively for the department, division, and company brand to effectively leverage brand recognition.
• Ensure compliance with all legal and regulatory standards to fulfil organizational obligations.
• Uphold underwriting guidelines, instructions, and best practices to reduce risk and improve operational efficiency.
• Remain knowledgeable about market dynamics and demonstrate awareness of market cycles to operate effectively.
• Encourage and develop team members.

Qualifications

Skills & Experience

• Proven underwriting or broking experience in the Power or Renewables and Singapore Insurance market with a good understanding of market dynamics.
• Contribute to long-term success of the overall business through business planning, organisation and development
• Confident and good communication skills to collaborate with colleagues and external stakeholders
• Strong working knowledge of MS Office (Outlook / Word / Excel / PowerPoint).
• Active involvement and market player in APAC region are essential
• Lloyd's and London market experience would be an advantage.
• Strong IT skills, literacy, numerate and having analytical and negotiation skills.
• Ability to build relationships, with capacity to travel and undertake marketing
• Ability to work under pressure, able to commit to and meet deadlines.
• Able to take initiative and be a decision maker.
• Adaptable and flexible to the needs of the business

About Us

Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, pension contributions, flexible benefits, discretionary bonus, insurances including health (family) cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.