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Power Risk Engineer

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent, full-time or part-time

Job Description

The RoleThe role will involve managing accounts for multi-national organisations primarily in both conventional and renewable power generation and distribution industry sectors but will be supplemented with survey work in other industries. Excellent knowledge ofgas / steam turbine, generator, boiler and transformer operations, asset integrity activities (maintenance inspection), and process safety management; plus international codes & standards is highly desirable.

  • Develop risk engineering programmes for insured clients taking into consideration the needs of all stakeholders (e.g. insureds, insurers, broking team, etc);
  • Arrange individual risk engineering surveys through discussions with account teams, insureds and market engineers, once arranged - coordinate and manage the execution of surveys on a global basis to the satisfaction of insureds;
  • Prepare marketing risk assessment reports to assist in the placement of client insurance programmes. Reports will follow the WTW standard structure and contain key understanding of the hazards at facilities and how the management team are controlling/mitigatingtheir impact. Presentation of risk improvements and loss calculations is also required;
  • Develop risk improvement recommendations that are clear, appropriate and are fairly balanced between the interests of insureds and insurers;
  • Calculate loss expectancies within company guidelines across a range of industries;
  • Ensure that all reports and other deliverables are prepared and ready in a timely manner;
  • Provide technical support to clients and the broking team across a range of issues relating to good industry practices;
  • Maintain all risk management team tracking tools such as schedules and planning spread sheets;
  • Other aspects of work activities include: Ensuring the risk management team fully understand the scope of work required;
  • Clear understanding of the funding that supports engineering activities on individual accounts;
  • Ensuring that proposed engineering activities do not exceed the available fee amount unless agreed by Account Executive and engineering manager;
  • Understanding account specifics such as renewal date, deductibles, coverage and specific exclusions;
  • Maintain technical competency in chosen industry sector and keep up-to-date with risk management developments (e.g. attend seminars, review technical publications, etc.);
The Requirements
  • Extensive experience of working within the Power and Renewables industry. (This experience can be in a variety of roles including operations, technical, engineering, maintenance or HSE)
  • Degree (or equivalent) Electrical or Mechanical Engineering. Additional qualifications in risk management or relevant accreditations would be considered favourably;
  • Comfortable travelling extensively (e.g. approx. 90 days per year) on an international basis;
  • Self-starter, with good interpersonal skills and the ability to effectively relate to individuals at all levels - from site technicians up to company CEOs;
  • Proven ability to write detailed reports of a varied technical nature;
  • Member of engineering associations (i.e. IET, IMechE, etc.) is preferable;
  • Experience of working with international engineering standards and codes such IEEE, ASME, NFPA, ANSI, API;
  • Working knowledge of fire protection and detection systems would be consider;
  • Multi-lingual preferred.
At WTW, we believe difference makes us stronger. We want our workforce to reflect the different and varied markets we operate in and to build a culture of inclusivity that makes colleagues feel welcome, valued and empowered to bring their whole selvesto work every day. We are an equal opportunity employer committed to fostering an inclusive work environment throughout our organisation. We embrace all types of diversity.

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