Underwriter - Property/Power/Renewable Energy

Job Purpose :To assess, price and underwrite Property, Power and Renewable Energy risks in line with the company’s underwriting strategy, risk appetite, delegated authority and applicable procedures. The role ensures appropriate policy coverage, terms, conditions, exclusions and risk controls while supporting sustainable portfolio growth and sound underwriting results.Job Duties:Underwrite Property, Power and Renewable Energy risks by reviewing submissions, exposure data, engineering surveys, loss records and other relevant information. Determine appropriate coverage, insured values, limits, deductibles, pricing, warranties, clauses, exclusions and endorsements within delegated authority. Interpret, draft and negotiate policy wordings and terms and conditions to ensure coverage intent is clear and the company’s interests are appropriately protected. Assess technical and natural-catastrophe exposures associated with property assets, power plants and renewable-energy projects, including construction, operational and machinery-related risks where applicable. Review risk-engineering reports, identify material recommendations and incorporate suitable risk-improvement requirements into underwriting terms. Prepare quotations, renewal terms and underwriting recommendations, and refer risks outside authority with a clear technical and commercial rationale. Monitor existing accounts for changes in exposure, claims experience, risk quality, accumulation and profitability, and recommend corrective action where required. Coordinate with brokers, clients, risk engineers, claims teams, reinsurers and other internal stakeholders to obtain complete information and support timely placement and servicing. Support facultative reinsurance placement where required and ensure consistency between insurance and reinsurance terms. Maintain accurate underwriting records and comply with underwriting guidelines, authority limits, internal policies and applicable regulatory requirementsEducation, Qualifications and Experience Bachelor’s degree in Engineering, Insurance, Risk Management, Business or a related discipline. An engineering background is preferred but not essential. Minimum 5 years/7 years of relevant underwriting experience, preferably covering Property, Power, Energy and/or Renewable Energy risks. Strong knowledge of policy coverage, wordings, clauses, warranties, endorsements, exclusions, deductibles and limits. Professional insurance qualification such as CII, ACII or an equivalent credential is an added advantage. Experience in reviewing risk surveys or engineering reports and dealing with brokers, clients and reinsurers is preferred. Knowledge and Skills Property, Power and Renewable Energy underwriting principles and risk assessment. Policy wording interpretation and negotiation of terms and conditions. Risk selection, pricing, exposure assessment and portfolio management. Risk-engineering reports, loss-history analysis and risk-improvement measures. Facultative reinsurance fundamentals and alignment of insurance/reinsurance terms. Proficiency in standard office and underwriting systems; strong numerical and analytical skills.