Underwriter, Natural Resources

Role overview

Canopius is seeking an experienced Power & Renewables Underwriter to join its APAC Natural Resources team in a key role focused on profitable growth. The position centres on underwriting both new and renewal business across a portfolio of APAC Power & Renewables risks, covering onshore conventional power as well as onshore renewable energy.

This portfolio sits within a broader Natural Resources platform that spans the full value chain, including Power & Renewables, Downstream, Midstream & Upstream, and Mining & Heavy Industries.

Responsibilities

• Build and expand the Power & Renewable Energy proposition across APAC and MENA in line with the Global/Regional Natural Resources SBF Management Plan.
• Partner closely with the London team and operate within underwriting guidelines and the stated risk appetite.
• Assess insurance exposures against the business plan and individual underwriting authority to support commercial objectives.
• Develop strong working relationships with clients, brokers, and internal colleagues to strengthen influence and help advance business priorities.
• Create and support strategic partnerships that align with the business plan and contribute to company goals.
• Follow the insurance strategy carefully to limit risk and deliver against business plan targets.
• Contribute actively to the development of team strategy, technical knowledge, and best practices.
• Represent the department, division, and company positively to help reinforce brand value and market presence.
• Maintain compliance with legal and regulatory requirements at all times.
• Apply underwriting rules, instructions, and best practices to improve efficiency and manage risk.
• Stay current on market trends and cycles to work effectively in changing conditions.
• Support the growth and development of team members.

Requirements

• Background in underwriting or broking within Power or Renewables, plus familiarity with the Singapore insurance market and its commercial dynamics.
• Ability to support long-term business success through planning, organisation, and development initiatives.
• Confident communicator who can work effectively with internal teams and external stakeholders.
• Strong command of MS Office tools, including Outlook, Word, Excel, and PowerPoint.
• Active participation in the APAC market is considered essential.
• Experience with Lloyd’s and the London market would be beneficial.
• Well-developed IT ability, literacy, numeracy, analytical capability, and negotiation skills.
• Capability to build relationships, travel when needed, and support marketing activity.
• Comfortable working under pressure while meeting deadlines reliably.
• Self-starter who can take initiative and make decisions.
• Flexible and adaptable to changing business needs.

Benefits

• Hybrid working arrangement.
• Competitive base salary.
• Pension contributions.
• Flexible benefits package.
• Discretionary bonus.
• Insurance coverage, including family health cover.
• Additional benefits supporting financial, physical, social, and psychological wellbeing.

About Canopius

Canopius is a global specialty (re)insurer and one of the leading participants in the Lloyd’s of London market, with offices in the UK, US, Singapore, Australia, and Bermuda.

The company promotes a positive, inclusive culture where employees are encouraged to bring their whole selves to work and contribute to strong, sustainable, and profitable outcomes. It operates a flexible hybrid model and values the unique contribution of every employee.

Equal opportunity and adjustments

Canopius is committed to equal employment opportunity and a workplace free from discrimination and harassment. Hiring decisions are made without regard to age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other protected status in the jurisdictions where the company operates.

Reasonable adjustments are available throughout recruitment and employment. Candidates who need information in an alternative format or any other adjustment are encouraged to let the company know.

Additional information

The role is based in Singapore and is part of the APAC Natural Resources division. The wider portfolio includes exposure to Power & Renewables, Downstream, Midstream & Upstream, and Mining & Heavy Industries.