We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
This role will be based in London, UK and you are required to have the necessary right to work details prior to application.
Purpose of the Job
To lead an Upstream Energy team, to underwrite and develop a profitable book within business plan parameters. Responsible for building the strategy, risk appetite and business plan for the portfolio.
Reporting Relationships
Reports directly to the International Head of Marine, Energy and Industrial Risks
Job Responsibilities
Develop long-term strategy and business plan for the product line, including business to be written on Lloyd’s Syndicate and Insurance Company paper in London and other Hartford offices around the world.
Identify new products to enhance the product suite.
Key contributor to the Treaty and Facultative Reinsurance strategy around the portfolio
Build and execute on marketing and distribution strategy, including cross-selling of the product throughout the Hartford global network.
Provide thought leadership in the marketplace by participating in various industry associations that address product issues and raise our brand profile.
Develop and research business opportunities through London Market brokers and Hartford offices.
Management of class underwriters, including reviewing risks and reinsurance purchases.
Ensure compliance with The Hartford best practice and Lloyd’s regulations at all times.
Ensure that appropriate systems are in place for the monitoring and reporting of aggregate exposures across the syndicate.
Partner with business actuaries to manage the current pricing models and enhance where needed.
Report to senior management the development of the account against business plan expectations.
Contribute as required to the quarterly reserving process to ensure that adequate reserves for future liabilities are maintained for the account.
Contribute to the monthly, quarterly, and annual reporting of underwriting results.
Provide leadership, direction and development of staff creating a high performing team.
Communicate objectives of the business plan and underwriting strategy to internal stakeholders including executive leadership at the syndicate and group level.
Active member of the Underwriting & Claims Committee, and others where relevant.
Ensures that all policies and procedures are adhered to.
Adhere to any common standards set across the company and ensures that policies and procedures are adequately documented.
Undertake continued Professional Development and comply with The Hartford procedures
Other Duties
The job description is intended to describe the main duties only. Job holders are expected to maintain flexibility and perform all other reasonable duties that relate to the job as assigned by The Hartford.
Possess in-depth knowledge in Upstream Energy
Strong and tested leadership capabilities
Ability to motivate and develop teams
Strong influencing and negotiating skills
Ability to develop and sustain relationships with internal and external customers
Ability to prioritise and organise workload with aattention to detail
Strong business and financial acumen
Exceptional communication and presentation skills