Senior Underwriter - Upstream Energy

MS Amlin; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading (re)insurer in London seeks a Senior Underwriter to oversee client portfolios in the Natural Resources sector. You will lead underwriting strategies, manage client relationships, and conduct market analysis to identify new opportunities. The role requires strong experience in the Natural Resources Market and an understanding of regulatory requirements. This position offers a competitive salary and a performance-related bonus, along with comprehensive employee benefits.

Benefits

Competitive base salary

Performance-related discretionary bonus

Qualifications

• In-depth knowledge and strong experience in the Natural Resources Market.
• Good understanding of relevant risk, regulatory, and legal requirements.
• Strong understanding of client intimacy and strategy impact.

Responsibilities

• Ensure effective delivery of client portfolio strategies aligned with business plan.
• Lead strategic direction of portfolios and maintain client relationships.
• Undertake analysis of market to identify new business opportunities.

Skills

Business and commercial market awareness

Strong networking skills

Client relationship management

Analytical skills

Job description

**Role: Senior Underwriter – Upstream Energy****Location: London****Position type: Full time, permanent**Our underwriters are at the heart of everything we do, without them our business wouldn’t function. The role holder is accountable for ensuring the effective delivery of the vision and the strategy in relation to a specific portfolio(s) and / or market(s).The role holder will be responsible for taking the lead to underwrite specific client portfolios in accordance within the Natural Resources business plan.**About The Job****What you’ll spend your time doing:**While there is rarely a ‘typical’ day as a Senior Underwriter, here’s a snapshot of some of the key parts of the job:**Strategy*** Ensure the effective delivery of client portfolio strategies and business plan(s), ensuring alignment to the strategy, client relationship and profitable growth.* Where appropriate participate in and contribute to client segmentation and product forum activities to ensure clarity and clear understanding of the approach to specific clients and markets.* Lead the strategic direction of the portfolios and delivery of designated elements of the strategy and business plan.* Set the lead in demonstrating client intimacy behaviours and strategies throughout the Location / Market, across the region and with entities.* Work in partnership within the entity and other entities across the regions to leverage relationships and opportunities.**Underwriting*** · Generate and manage business on a client relationship basis within agreed portfolios, markets and Entity.* · Alignment to and delivery of tactical and strategic client intimacy initiatives within the location / market.* · Ensure client relationship is achieved through the efficient oversight of issues raised including liaison to ensure effective conclusion to complaints and claims.* · Undertake analysis of the location / market to identify new business opportunities, products and clients, ensuring a robust business case.* · Ensure risks are written within the agreed parameters – making sound long term decisions on risks that are written, with a focus on smart rationale underwriting.**Underwriting Management*** Provide effective oversight and input into the underwriting performance.* Liaise with and ensure regional compliance with underwriting management, taking corrective action as necessary and operating within agreed authorities* Proactively participate in product forum meetings, as appropriate – challenging and responding to challenges regarding the Product performance.**Compliance and Risk Management*** Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate.* Manage the location/market so that is complies with relevant risk, regulatory and legal requirements and so that it complies with Group policies.**You’re going to enjoy this job if you also…*** Have good business and commercial market awareness* Strong networking & managing both new and existing client relationships* Implementing and delivering a clear underwriting strategy* Key skills in undertaking analysis of market and identifying new business opportunities, products and clients* Enjoy the challenge of rebuilding the product for MS Amlin**What you’ll need:**For this particular role there are some important qualifications and experience we need you to have. These include:* In depth knowledge, expertise and strong experience of the Natural Resources Market* Good understanding of relevant risk, regulatory and legal requirements* Strong understanding of client intimacy and how this impacts the strategy**What you can expect from us:**As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits -**About MS Amlin**MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific.With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge.At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.