Senior Risk Engineer - Power Generation - Scor Business Solutions (SBS)

Posted 1 day 19 hours ago by SCOR

£100,000 - £125,000 Annual
Permanent
Not Specified
Other
London, United Kingdom
Job Description
Overview

The key areas of this position will be :

  • Provides risk engineering support to the SCOR SBS Power Generation Underwriting Team. He / she may support other SCOR underwriting lines where Power Generation, Utilities, and Machinery Breakdown perils are prevalent.
  • Advises the SBS Underwriting Team about client risks, risk quality and loss estimates, through site surveys / desktop reviews of operational power generation risks, EAR risks, and project endorsements to operational policies.
  • Provides external and internal Power Generation Clients with risk related training / seminars.
  • Assists the SCOR Claims Team (Power Generation).
  • Contributes to the SCOR Risk Control Practices know-how evolution, with technical guidelines, methodologies, tools developments, technology watch etc. (Powergen).
  • Supporting SCOR P&C Specialty Insurance Underwriting and Reinsurance Treaty teams dealing with Power Generation & Utilities. Risks include operational Power Generation (conventional, renewables and transitioning accounts) and Utilities. LoB include: Power Generation, Energy and Heavy Industries (pulp & paper plants, steel, aluminium, etc.); operational and CAR / EAR accounts.
  • Leading / attending insurance surveys / visits, and producing internal / market engineering survey reports for SCOR insureds and prospect risks based on SCOR methodologies and templates.
  • Performing risk assessments, risk quality rating, replacement valuation assessments (SCOR software) and loss estimates upon SCOR methodologies and templates.
  • Peer reviewing survey reports released by consultants and broker risk engineering.
  • Reviewing and advising Underwriting Teams about CAR / EAR Power risks and technical advising about project endorsements to Operational policies.
  • Developing, reviewing, enhancing Powergen risk engineering guidelines, methodologies, risk rating, report templates, risk assessment, loss estimate methodologies and guidelines.
  • Keeping the SCOR Power (turbines) technical database up to date dealing with market experts and OEMs.
  • Providing technical assistance to the SCOR claims department reviewing loss adjuster reports, identifying causes that have led to the loss, and facilitate internal lessons learned from loss papers / slides.
  • Supporting SCOR clients (i.e. corporate risks) or Insurance Companies to establish Risk Management programs including the introduction of Risk Control programs.
  • Developing risk control training modules and leading seminars for SCOR UWs and clients.
  • Assisting the RCP Leader in managing SCOR Powergen consultants / contractors.
  • Assisting the RCP Leader with the survey plan and resources allocation
  • Building internal and external networking and taking active part of the London market network of Risk Engineers / Underwriters and industry experts, including partnership with specialized companies and freelance consultants.
Required experience & competencies
  • Bachelor / MSc in Electrical or Mechanical Engineering.
  • Extensive industry experience as a Power Engineer with power generation companies.
  • International expertise in Insurance / broking Power Generation Risk Engineering roles, including expertise in machinery breakdown.
  • English is the business language internally and with clients.
  • Any other language is a plus.