Construction Underwriting Specialist
3 weeks ago
**About the Role**
We are seeking a highly skilled Construction Underwriter to join our team in London. As a key member of our Global Construction Underwriting team, you will play a crucial role in evaluating risks and selecting assets for our portfolio.
The ideal candidate will have strong experience within the construction sector of the insurance industry, ideally with a focus on industrial lines. You will be responsible for underwriting insurance risks in alignment with our business plan and personal authority, aiming to meet business objectives. This includes negotiating rates, terms, and conditions for both existing and new business.
**Key Responsibilities:**
- Underwrite insurance risks in accordance with our business strategy and guidelines
- Stay up-to-date with all advised Construction claims, providing 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 the review and analysis of the portfolio, identifying progress toward business objectives
- Ensure accurate and timely recording of entries in relevant systems, maintaining precision in data related to underwriting and aggregate exposures
- Adhere to underwriting standards, instructions, and best practices to mitigate risk
**What We Offer:**
A competitive salary of £60,000 - £80,000 per annum, depending on experience, plus benefits and opportunities for career growth.
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