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Canopius

Underwriter, Natural Resources

Posted Updated
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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.

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.

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
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