Construction Underwriter

2 months ago

London, United Kingdom SCOR Full time

Within SCOR Global P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies. SBS has been serving its customers for 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR’s best-in-class financial strength rating.

Business activity is structured around three regions (Americas, EMEA, APAC) through seven global lines of business (Construction, Property, Energy, Casualty, Financial Lines, Marine/Transport and Space/Aviation). Clients in each region are served by specialized underwriters who rely on SCOR's technical expertise and client knowledge.

SBS a recognized leader in the construction insurance and reinsurance market. The Construction team consists of eleven underwriters located in Houston, New York City, London, Paris, Hong Kong and Singapore. The EMEA construction team operate together from both London and Paris and play a central role in cross-selling and product development. The team has built a diversified portfolio ranging from building projects to all types of civil works and infrastructure including power together with oil, gas and petrochemical projects and lastly mining, metals and manufacturing. They are led by the EMEA Regional Head of Construction who has dual reporting to the Global Head of Construction and the SBS Regional Head of EMEA

You will:

- Produce new business from the EMEAC region in Contractors All Risks (CAR) and EAR (Erection All Risks) policies on a Single Project or Annual basis form, insurance, and facultative reinsurance.
- Contribute to the development and quality of the portfolio in accordance with the underwriting policy and the direction being selected by the Global Line of business.
- Contribute to the commercial activity for the Region, with a specific focus on London Market business including continental Europe and Middle East, in coordination with other Lines of Business.
- Give added value to the Global Construction teams on specific technical and/or language skills, being accounting, data analytics, knowledge of a specific region or country, or past industry experience

**Key duties and responsibilities**

**Responsibilties**

Under the authority of both the London-based EMEA Regional Head and Global Head of Construction you will be charged with:

- **Underwrite, build and maintain a profitable portfolio **in accordance with the SBS underwriting guidelines
- **Marketing **the SBS capabilities and products to Corporate Risk Managers, Brokers and Ceding companies in London and other EMEA countries
- **Produce marketing material **and **informed business intelligence **documentation based upon research and analysis of the portfolio results and market data.
- **Report **regularly on accounts and marketing activity
- **Supervise **the administration of the OMEGA back-office tool (in liaison with the Technical Assistants) in relation to new or existing accounts

**Activities**
- **Identify new business **targets in order to develop a profitable profile for SBS.
- Build and maintain **relationships with clients **and their intermediaries (brokers, ceding companies).
- **Visit **regularly our clients and project sites (approx. 15-30 days of business travel per year)
- **Promote SCOR **to our customers by using the communication and marketing products (seminars, forums, materials etc).
- Work in **close cooperation and coordination **with your colleagues in the SBS network with where appropriate the sharing of business objectives to produce the best response to your producers and for the division.
- **Analyse **the construction portfolio paying particular attention to profitability.
- Responsibly manage **data **recorded in our information systems to give an accurate representation of the risks subscribed and to allow portfolio analysis.
- Regularly interact with our **claims **team to inform the underwriting process.

**Client management**

Adopt a solution-oriented customer centric view, in building on cross selling with other lines of business or with treaty for facultative services.**Global Construction team**
- Participating to broader Global construction initiatives and projects, specifically concentrate on managing annually renewing business and introducing added value managing tools.

Key characteristics sought include:

- Active engagement and contribution to the global construction team is essential
- An enquiring mindset with the ability to work independently as a motivated and pro-active self-starter
- A clear understanding of the value and role of leadership together with an active approach to risk management
- Self-disciplined, principled and decisive decision making
- Organised and able to prioritise under pressure
- Ability to evaluate, condense and summarise key information
- Confidence to develop and maintain a network of brokers and clients
- Excellent communication and presentation skills and confident to repr

  • Underwriter Construction

    1 month ago

    London, United Kingdom Ernest Gordon Recruitment Limited Full time

    **Underwriter (Construction)** **London** **£65,000 - £75,000 + Salaried % Bonus Structure + Hybrid + Progression + Training + Pension + Company benefits** Do you have experience as an Underwriter, looking for a new and exciting opportunity to a join an outstanding, rapidly expanding business and one of the UK's leading underwriting agencies, where you...

  • Construction Underwriter

    2 weeks ago

    London, United Kingdom mbf. Full time

    Company Overview:We are partnering with a growing Lloyd's Syndicate, renowned for its innovation and excellence in the insurance industry. Our client specialises in providing bespoke insurance solutions tailored to the construction sector's unique needs. With a commitment to growth and customer satisfaction, they are seeking a talented Construction...

  • Construction Underwriter

    5 days ago

    London, United Kingdom IDEX Consulting Ltd Full time

    What would be the best environment for your to develop your career as a Construction Underwriter? One where technical ability and commercial acumen are equally valued? Where profit and growth are the objectives and broker service levels are market leading? My client, a growing profitable MGA part of a global insurance distribution brand, is seeking an...

  • Construction Underwriter

    5 days ago

    London, United Kingdom Barker Munro Recruitment Ltd Full time

    Looking to take the next step in your underwriting career? Our client is seeking a Senior Underwriter to join their Construction Business Expert Team and play a critical role in achieving ambitious growth targets. As a key member of the Regional team, you will focus on profitable growth, retention, and technical excellence in building a world-class,...

  • Construction Underwriter

    11 hours ago

    London, United Kingdom Barker Munro Recruitment Ltd Full time

    Looking to take the next step in your underwriting career? Our client is seeking a Senior Underwriter to join their Construction Business Expert Team and play a critical role in achieving ambitious growth targets. As a key member of the Regional team, you will focus on profitable growth, retention, and technical excellence in building a world-class,...

  • Construction Underwriter

    11 hours ago

    London, United Kingdom Barker Munro Recruitment Ltd Full time

    Looking to take the next step in your underwriting career? Our client is seeking a Senior Underwriter to join their Construction Business Expert Team and play a critical role in achieving ambitious growth targets. As a key member of the Regional team, you will focus on profitable growth, retention, and technical excellence in building a world-class,...

  • Construction Underwriter

    5 days ago

    London, United Kingdom Barker Munro Recruitment Ltd Full time

    Looking to take the next step in your underwriting career? Our client is seeking a Senior Underwriter to join their Construction Business Expert Team and play a critical role in achieving ambitious growth targets. As a key member of the Regional team, you will focus on profitable growth, retention, and technical excellence in building a world-class,...

  • Construction Underwriter

    1 month ago

    London, United Kingdom SCOR Full time

     Within SCOR Global P&C, SCOR Business Solutions (SBS) is the central unit dedicated to insuring the business risks faced by large corporate companies. SBS has been serving its customers for 45 years and has maintained a continuous presence in the market by upholding a strong technical culture supported by SCOR’s best-in-class financial strength...

  • Construction Underwriter

    2 weeks ago

    London, United Kingdom Munich Re Full time

    Company HSB Location London, United Kingdom Role: Underwriter (E-Trade or Construction) Location: UK Wide Permanent We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good...

  • Construction Underwriter

    5 days ago

    London, United Kingdom Munich Re Full time

    Company HSB Location London, United Kingdom Role: Underwriter (E-Trade or Construction) Location: UK Wide Permanent We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good...

  • Construction Underwriter

    17 hours ago

    London, United Kingdom Munich Re Full time

    Company HSB Location London, United Kingdom Role: Underwriter (E-Trade or Construction) Location: UK Wide Permanent We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good...

  • Construction Underwriter

    19 hours ago

    London, United Kingdom Munich Re Full time

    Company HSB Location London, United Kingdom Role: Underwriter (E-Trade or Construction) Location: UK Wide Permanent We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good...

  • Construction Underwriter

    2 weeks ago

    London, United Kingdom HSB Full time

    Role: Underwriter (E-Trade or Construction)  Location: UK Wide  Permanent  We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good understanding of Acturis as well as experience...

  • Construction Underwriter

    21 hours ago

    London, United Kingdom HSB Full time

    Role: Underwriter (E-Trade or Construction)  Location: UK Wide  Permanent  We are seeking an experienced Insurance Underwriter to join HSB with experience of with either E-Trade or strong construction underwriting experience to join our E-Trade team. To be successful, you will need to have a good understanding of Acturis as well as experience...

  • Construction Underwriter

    2 weeks ago

    London, United Kingdom Switch Recruitment Full time

    We are pleased to be working on behalf of a global insurance provider, who require an experienced Underwriter to join their growing UK construction / engineering department underwriting and producing insurance and reinsurance business within authority levels. **Job Types**: Full-time, Permanent **Salary**: £50,000.00-£60,000.00 per year **Benefits**: -...

  • Construction Underwriter

    1 week ago

    London, United Kingdom Harrison Holgate Full time €80,000

    Construction Underwriter - Lloyd's Syndicate Construction Underwriter - Lloyd's Syndicate  (My client, a reputable and innovative Lloyd's syndicate, is currently looking to add an Underwriter to their exciting and dynamic Construction team.  Salary: up to £80,000 + bonus/benefits Hybrid: Yes  This will come with brilliant exposure to help...

  • Construction Underwriter

    11 hours ago

    London, United Kingdom Harrison Holgate Full time €80,000

    Construction Underwriter - Lloyd's Syndicate Construction Underwriter - Lloyd's Syndicate  (My client, a reputable and innovative Lloyd's syndicate, is currently looking to add an Underwriter to their exciting and dynamic Construction team.  Salary: up to £80,000 + bonus/benefits Hybrid: Yes  This will come with brilliant exposure to help...

  • Construction Underwriter

    14 hours ago

    London, United Kingdom Harrison Holgate Full time €80,000

    Construction Underwriter - Lloyd's Syndicate Construction Underwriter - Lloyd's Syndicate  (My client, a reputable and innovative Lloyd's syndicate, is currently looking to add an Underwriter to their exciting and dynamic Construction team.  Salary: up to £80,000 + bonus/benefits Hybrid: Yes  This will come with brilliant exposure to help...

  • Construction Underwriter

    4 days ago

    London, United Kingdom Harrison Holgate Full time €80,000

    Construction Underwriter - Lloyd's Syndicate Construction Underwriter - Lloyd's Syndicate  (My client, a reputable and innovative Lloyd's syndicate, is currently looking to add an Underwriter to their exciting and dynamic Construction team.  Salary: up to £80,000 + bonus/benefits Hybrid: Yes  This will come with brilliant exposure to help...

  • Underwriter: Construction

    1 month ago

    London, United Kingdom Liberty Specialty Markets Full time

    About the Role: This is an opportunity to join a leading global construction underwriting team, with a long term vision, who look to lead or influence placements. The successful candidate will bring first-hand experience of the construction sector to support risk assessment and risk selection of our portfolio. They will gain early responsibility and...