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Construction Liability Underwriter

2 months ago


StratforduponAvon, Warwickshire, United Kingdom Lawes Consulting Group Full time
{"title": "Construction Liability Underwriter", "description": "Job Title: Construction Liability Underwriter

Location: North West

Full/Part Time: Full Time

Salary: £65,000 per annum + OTE

Insurance Industry Sectors: Insurance, Insurer, Construction, Construction Liability.

We are seeking a skilled and detail-oriented Construction Liability Underwriter to join a dynamic and well-respected insurer within the market. The successful candidate will be responsible for underwriting insurance risks in alignment with the business plan and personal authority, aiming to meet business objectives.

Key Responsibilities:
  • Build and enhance relationships with brokers, industry associations, business partners, reinsurers, and colleagues to amplify influence and attain business goals.
  • Continuously advance expertise and technical acumen through suitable development programs.
  • Underwrite insurance risks in alignment with the business plan and personal authority, aiming to meet business objectives, which includes negotiating rates, terms, and conditions for both existing and new business.
  • Ensuring compliance with contract certainty requirements for the production and issuance of documentation.
  • Stay abreast of all advised Construction claims, offering input on settlements to inform future Underwriting strategies.
  • Assist in coordinating Risk Engineering activities for the existing portfolio, reviewing Risk Survey reports and seeking additional information when necessary.
  • Contribute to and influence the review and analysis of the portfolio, identifying progress toward business objectives.
  • Adhere to underwriting standards, instructions, and best practices to mitigate risk.
Requirements:
  • Strong experience within the construction sector of the insurance industry, ideally with a sway more towards the industrial lines.
  • Effective and compelling communication skills, coupled with the capacity to challenge and persuade others.
  • Proficiency in analysing and utilising data to make informed decisions.
  • Meticulous attention to detail.
  • Familiarity with pertinent market conditions pertaining to specific classes/portfolios.
  • Thorough understanding of legal and regulatory frameworks.
  • Comprehension of class-specific underwriting principles and reinsurance practices.

We are excited to offer this opportunity to become part of a top-tier Global Construction Underwriting team in the North West. If you have the relevant experience or know someone that does, please contact us now to discuss further.

", "company": "Lawes Consulting Group"}