Energy and Construction Underwriter

Sydney, NSW
Permanent
Full-time

1 day ago

Job Category: UnderwritingJob Description:The RoleThis newly created position supports the continued growth of Canopius in Australia and New Zealand. The successful candidate will be responsible for producing and underwriting risks aligned with the defined class of business on behalf of the syndicate, in accordance with the approved business plan and within personal authority limits. This is an exciting time for an experienced underwriter in Australia looking for the autonomy to challenge themselves to build on the sound foundation that has already been created. The opportunity will suit an individual who thrives on being part of an entrepreneurial and dynamic environment. They will have the ability to operate autonomously and collaboratively, forming meaningful relationships with multiple internal customers and external stakeholders.This role will offer decisive insight and opinion and drive the future development of the underwriting philosophy and strategy for the engineering lines (+renewable energy), with a focus highly on Construction risks (CEAR) and Renewable energy risks (EAR/OAR). As a market-facing role, the candidate will actively represent and promote the Canopius brand and philosophy within relevant markets. The successful candidate will be based in either Sydney or Melbourne.Responsibilities:Key Responsibilities

Underwrite and evaluate new and renewal business across Engineering lines, with a focus on Construction and Renewable Energy
Assist in developing the Engineering portfolio and proposition in Australia & New Zealand as per the Global/Regional Construction and Energy SBF Management Plan
Assess and underwrite renewal and new business in a timely and efficient manner in line with the business plan and personal authority limits
Develop and maintain relationships with brokers, cedants, and clients
Ensure compliance with internal underwriting guidelines, regulatory requirements, and risk appetite.
Analyze terms, specifications, and ratings on prospective and existing business
Compile underwriting reports and performance statistics to monitor portfolio health.
Report monthly premium income and contribute to internal performance reviews
Represent Canopius in the market, promoting our brand and underwriting philosophy
Provide mentorship and on-the-job training to assistant underwriters as needed.

Qualifications:Skills and experience:

Extensive underwriting experience in Construction and Renewable Energy lines within the insurance industry
Results-driven with the ability to make decisions and work on your own initiative
Highly motivated with a solution mindset and client-focused with excellent relationship management, customer service, interpersonal, organization, and negotiation skills
Active involvement and market player in the APAC region are essential
ACII or equivalent professional insurance qualification is preferred
Engineering degree or technical background is preferred
Strong IT literacy, numeracy, and analytical capabilities to support data-driven underwriting decisions.

About Us: Our benefitsWe 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 CanopiusCanopius 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.

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