Senior Construction Underwriter
Job Summary
Title:
Senior Construction UnderwriterCompany:
Everest Advisors (Uk) Ltd.Job Category:
UnderwritingJob Description:
About Everest
Everest is a global leader in risk management rooted in a rich 50 year heritage of enabling businesses to survive and thrive and economies to function and flourish. We are underwriters of risk growth progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders who care deeply about our impact on communities and the wider world.
Role Overview
As part of our continued growth in the London market we are seeking an experienced Senior Construction Underwriter to join our UK Construction & Energy Underwriting team. This role will focus on the underwriting and profitable development of an international portfolio of Contractors All Risks (CAR) Erection All Risks (EAR) and associated construction risks written through the London Market.
The successful candidate will possess strong technical underwriting expertise established broker relationships in the London wholesale market and experience underwriting complex multinational construction and infrastructure projects. Exposure to Energy risks would be advantageous but is not essential.
This is a production-oriented role requiring an entrepreneurial underwriter who can identify opportunities for profitable growth while maintaining underwriting discipline and adherence to Everests risk appetite.
Key Responsibilities
Underwrite and manage a portfolio of international Construction risks including CAR EAR and associated engineering business.
Evaluate new and renewal submissions performing detailed risk assessments and applying sound underwriting judgment to determine terms conditions pricing and capacity deployment.
Build and maintain a profitable portfolio within delegated authority while achieving growth retention and profitability objectives.
Develop and strengthen relationships with key London Market brokers wholesale intermediaries and clients.
Actively identify and secure new business opportunities across international construction infrastructure and engineering sectors.
Lead negotiations with brokers and clients regarding coverage structure pricing deductible strategy capacity deployment and policy terms.
Monitor portfolio performance market trends claims activity and emerging industry risks to support profitable underwriting outcomes.
Collaborate with Claims Risk Engineering Actuarial Exposure Management Legal and Operations teams to deliver superior client service and portfolio results.
Contribute to product development initiatives and underwriting strategy across the Construction & Energy portfolio.
Mentor junior underwriters and assist with technical training peer reviews and underwriting quality initiatives.
Ensure compliance with underwriting governance regulatory requirements delegated authorities and internal control frameworks.
Required Qualifications & Experience
Bachelors degree or equivalent professional qualification.
Significant commercial underwriting experience with strong expertise in Construction and Engineering insurance.
Demonstrated experience underwriting international CAR/EAR business through the London Market.
Strong understanding of:
Construction and engineering risks
Major infrastructure and project risks
Project financing structures
DSU exposures
Contractual risk allocation
International project placements
Experience managing broker relationships and producing new business in a wholesale distribution environment.
Strong technical pricing and risk assessment capabilities.
Excellent negotiation communication and relationship management skills.
Preferred Qualifications
Lloyds Market underwriting experience strongly preferred.
Established broker network within the London wholesale and Lloyds markets.
Experience underwriting major multinational construction and infrastructure projects across EMEA Asia Pacific Latin America and North America.
Exposure to Energy risks and placements.
Professional insurance qualifications such as ACII FCII or equivalent.
Experience working across delegated authority open market and facultative placements.
Why Join Everest
This is an excellent opportunity for an established London Market Construction Underwriter to join a growing platform and play a key role in expanding Everests international CAR/EAR and construction capabilities. Youll work alongside an experienced team leverage a strong market platform and help shape the future growth of a developing portfolio.
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What if I dont meet every requirement At Everest we are dedicated to building an inclusive and authentic workplace. So if you are excited about this role but your past experience doesnt align perfectly with every element in the job description we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest our purpose is to provide the world with protection. We help clients and businesses thrive fuel global economies and create sustainable value for our colleagues shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Clickhereto learn more about our culture.
- Our Valuesare the guiding principles that inform our decisions actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
- Our Colleague Behaviorsdefine how we operate and interact with each other no matter our location level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues and the global communities we serve.
Type:
RegularTime Type:
Full timePrimary Location:
LondonAdditional Locations:
Required Experience:
Senior IC
About Company
At Everest, we underwrite opportunity for all stakeholders with protection and peace of mind in an increasingly complex and uncertain world.