
Senior Underwriter, Downstream Energy and Power
2 weeks ago
**Flexible Work Eligible**: Flexible Work Schedule
**DISCOVER your opportunity**
**Senior Underwriter, Downstream Energy & Power**
Singapore - Hybrid working mode
You will work within the Energy team with underwriting responsibilities across the Downstream & Power accounts, which also includes a strong focus on the onshore renewable energy accounts as we see the Energy Transition develop in Asia. This is a great opportunity to join one of the leading Energy teams in the market and at an exciting time as we continue to see the Energy transition unfold in the region.
As a Senior Underwriter you will use your technical knowledge to deliver a best-in-class underwriting service to our clients, whilst helping deliver a profitable portfolio. You will be empowered to work within authority limits on assignments reflecting the expert degree of technical complexity and coordination under broad management direction. Key responsibilities will involve underwriting business in line with the business plan; assisting the planning and forecasting process; monitoring premium income to ensure it remains within agreed limits; maintaining awareness of all claims advised; building and maintaining relationships with brokers and clients; supporting the design and structure of risks; and identifying and driving new product development opportunities. The role allows for collaboration with colleagues across broader Europe & Asia Region as well as Globally, especially around the area of Energy Transition.
**DISCOVER** **your opportunity**
What will your essential responsibilities include?
- Underwrite, manage and service a renewal book and produce new business in accordance with business unit goals. Develop and manage underwriting strategies for both renewals and targets within your portfolio of accounts, including knowledge of the current penetration by product, cross marketing penetration and specific plans to increase company share.
- Exercise discretion and independent judgment in the analysis and evaluation of risk.
- Negotiate with producers within the limits of delegated authority and in accordance with established underwriting standards to achieve profit objectives.
- Build and enhance relationships with brokers and clients and identify and establish new distribution relationships.
- Maintain expertise with the products, services, priorities and target markets to more effectively enable clients to uncover hidden risks.
- Promote the company's expertise by participating in industry conferences and events while regularly conducting and taking leadership roles in client and broker meetings to educate on risk.
- Support the business planning and forecasting process; monitor financial exposure within outlined limits; monitor premium income to ensure it remains within set limits.
- Maintain awareness of all claims advised while supporting and providing input on settlement of claims.
- Identify and drive new product development opportunities. Effectively cross-market with other AXA XL lines; meet with brokers and insureds as required. Cultivate key broker relationships in the region to maintain a steady stream of business within our underwriting appetite.
You will report to the Underwriting Manager.
**SHARE your talent**
**SHARE your talent**
We’re looking for someone who has these abilities and skills:
- Minimum 6 years of experience as an Energy or Power underwriter for Asia region, with experience underwriting renewable energy risks preferred.
- Bachelor’s degree preferred
- Possess a high and extensive level of technical knowledge and skills relating to the Energy industry & Insurance products.
- Ability to work independently.
- Ability to respond to a changing environment with flexibility and innovation.
- Marketing - Effectively plan for sales and business development. Integrating the use of various techniques, tools, and information to support profitable business growth over a defined period.
- Negotiation/Sales - Plan, structure and conduct negotiations with brokers and/or clients to reach outcomes that gain the support and acceptance of all parties.
- Interpersonal Savvy - Build excellent interpersonal relationships with brokers, clients & colleagues with the intention of improving personal profile and reputation within AXA XL and the broader market.
- Strategy/Planning - Make underwriting decisions to fulfill the business plan and deliver results. Has knowledge of the financial targets and levers in order to achieve the business plan.
- Analytical Skills - Visualize, gather information, articulate, analyze and solve complex problems in order to make key business decisions.
**FIND your future**
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading
-
Senior Underwriter, Downstream Energy and Power
2 weeks ago
Singapore AXA Full time**Senior Underwriter, Downstream Energy & Power** Singapore - Hybrid working mode You will work within the Energy team with underwriting responsibilities across the Downstream & Power accounts, which also includes a strong focus on the onshore renewable energy accounts as we see the Energy Transition develop in Asia. This is a great opportunity to join one...
-
Singapore KOREAN REINSURANCE COMPANY Full timeThis is an exciting opportunity to join Korean Re Singapore. As we expand our business capabilities in South East&West Asia and ANZ, this role will play a vital part in strengthening Korean Re's presence. We are eagerly seeking talented individuals who are ready to embrace new challenges and contribute to our growth. - Underwriting Power and Downstream...
-
Facultative Assistant Power
2 weeks ago
Singapore KOREAN REINSURANCE COMPANY Full timeAssisting and contributing to Facultative Power / Energy (downstream) underwriting of new and renewal accounts in accordance with Korean Re’s processes, procedures, and risk appetite. This includes assessing risks, coverages, and terms & conditions for an internal referral. - Handling various operational tasks, such as endorsements, data input, processing...
-
Underwriter - Sustainable Energy & Power
3 days ago
Singapore Markel Corporation Full timeUnderwriter - Sustainable Energy & Power Apply locations Singapore - SGP Time Type: Full time Posted on: Posted 30+ Days Ago Job Requisition ID: R To underwrite the relevant line of business within agreed business plan parameters, in line with underwriting authority, in order to achieve agreed combined ratio targets. Do you have a background within Energy...
-
Senior Analyst, Downstream/oil Trading
2 weeks ago
Singapore Rystad Energy Full time**About Rystad Energy** Rystad Energy is a leading energy research and consulting firm headquartered in Oslo, Norway with over 25 offices across the world. The company was founded in 2004 to provide strategic consulting services but has evolved into one of the world’s leading energy research organizations providing market intelligence and forecasts...
-
Assistant Underwriter, Power and Energy
6 days ago
Singapore HDI GLOBAL SE SINGAPORE Full timeAs part of the Talanx Group, HDI Global SE, Singapore has been one of the leading insurers offering a broad and needs-based range of insurance solutions and accompanying services for decades. HDI operates through foreign branches, subsidiaries and affiliates as well as network partners in more than 150 countries. We offer our employees all of the advantages...
-
Analyst Intern, Downstream/oil Trading
4 days ago
Singapore Rystad Energy Full time**About Rystad Energy** Rystad Energy is a leading energy research and consulting firm headquartered in Oslo, Norway with over 25 offices across the world. The company was founded in 2004 to provide strategic consulting services but has evolved into one of the world’s leading energy research organizations providing market intelligence and forecasts...
-
Underwriting Assistant
4 days ago
Singapore AXIS SPECIALTY LIMITED (SINGAPORE BRANCH) Full timeThe Underwriting Assistant (UWA) will provide dedicated support to the Senior Underwriter in the Upstream Energy class of business. Whilst providing administrative support, the UWA will be exposed to AXIS underwriting philosophy and guidelines, including our rating tools and risk aggregation methodology. There will also be opportunities for international...
-
Singapore KOREAN REINSURANCE COMPANY Full time**Job Description**: - Assisting to Property (Power/Energy) underwriting of new and renewal accounts in accordance with Korean Re’s processes, procedures, and risk appetite. - Performing various other related duties as assigned. Other requirements - University Student or Bachelor's degree holder with willingness to learn. - Ability to coordinate and...
-
Senior Underwriter
2 weeks ago
Singapore ALLIED SEARCH PTE. Full time4 days ago Be among the first 25 applicants Opportunities for professional development Good overall company benefits Opportunities to travel As a Marine Underwriter - Facultative, you will be responsible for the following duties: Assess marine insurance submissions by evaluating risk exposure, coverage requirements, and appropriate pricing to ensure sound...