Construction Underwriter Industry Practices

Description This; Madrid; Presencial; EUR 40.000 - 80.000; Jornada completa

Descripción de la vacante

An established industry player is looking for an Underwriter to join their newly launched Construction Industry Practice team. This exciting role focuses on underwriting Contract works and Liability risks, providing a unique opportunity to work with market-leading products in a collaborative environment. The successful candidate will engage with brokers and clients, support financial planning, and mentor junior underwriters. With a commitment to excellence and integrity, this company offers a supportive culture and various benefits, including flexible working options and comprehensive learning opportunities. If you're passionate about construction insurance and eager to grow, this role is for you.

Servicios

32 days of vacation annually

Flexible working from home options

Home office allowance

Private medical insurance

Life and accident insurance

Pension plan

Stock purchase plan

Gympass membership

Employee assistance program

Learning & Development opportunities

Formación

• Strong market presence in construction underwriting.
• Experience in Contract works and Liability underwriting.

Responsabilidades

• Underwrite new business and renewals for construction risks.
• Maintain relationships with brokers and clients for growth.

Conocimientos

Construction insurance market knowledge

Decision-making skills

Analytical skills

Presentation skills

Negotiation skills

Bilingual in English and Spanish

Results-oriented

Ability to influence

Educación

Engineering background

Descripción del empleo

This is an exciting opportunity to join our newly launched Construction Industry Practice team. Construction is a key strategic growth priority for Chubb, and we are seeking an Underwriter to support our continued growth aspirations. This role offers the opportunity to work with a market-leading multiline product writing midmarket construction business, collaborating with construction experts in underwriting, risk engineering, and claims, and to be an integral part of our next stage of growth.

Role Purpose :

The primary purpose of this role is to underwrite Contract works and Liability risks for Construction with a strong focus on new business. The successful candidate will have a strong market presence, representing the Construction Industry Practice in broker and client meetings. They will also work closely with internal stakeholders across all lines of business, including claims, risk engineering, and global services, to provide excellent service to brokers and clients. Additionally, they will collaborate with other underwriting teams to deliver cross-line solutions.

Key Responsibilities :

1. Underwriting: Underwrite new business and renewal accounts according to defined guidelines and strategies.
2. Financial: Contribute to achieving the financial plan for the Construction Industry Practice; support in preparing financial forecasts and reforecasts.
3. Training & Mentoring: Provide training and mentorship to junior underwriters and serve as a role model. Handle underwriting referrals.
4. Compliance and Procedures: Ensure adherence to company standards regarding policy documentation, contract certainty, peer reviews, audits, and legal/regulatory requirements.
5. Leadership Support: Support the Construction Industry Practice in establishing and promoting best practices within the team.
6. Chubb Representation: Represent and promote Chubb to brokers and clients, and internally at meetings related to production and renewal.
7. Business Development: Maintain and develop relationships with key brokers and clients to ensure profitable growth, contributing to strategic growth plans.
8. Cross-Selling: Maximize cross-selling opportunities through collaboration with colleagues.

Skills & Experience Required :

1. Good knowledge of the Construction insurance market and competitor analysis.
2. Preferably an engineering background.
3. Recognized expertise as a professional in the field.
4. Results-oriented with decision-making skills and initiative.
5. Desire for ongoing technical and business skills development.
6. Ability to influence and execute at all levels internally and externally.
7. Extensive Contract works underwriting experience; liability underwriting knowledge is a strong advantage.
8. Understanding of construction methods, materials, project management, and industry practices.
9. Knowledge of regulations, building codes, and safety standards relevant to construction and insurance.
10. Willingness to stay updated on industry trends and changes.
11. Strong presentation and negotiation skills.
12. High proficiency in English and Spanish.
13. Strong analytical skills.
14. Alignment with Chubb values: Customer focus, Teamwork, Respect, Excellence, & Integrity.

What We Offer in Return

• 32 days of vacation annually
• Flexible working from home options and additional flexible days
• Home office allowance
• Flexible entry times
• Private medical insurance
• Life and accident insurance
• Pension plan
• Stock purchase plan
• Gympass membership
• Employee assistance program
• Comprehensive Learning & Development opportunities

Our Core Values

We live and work by our core values: acting ethically and honestly, engaging in mutual trust and respect, striving for high performance, and fostering a collaborative and supportive environment.

Diversity & Inclusion

We consider our people our chief competitive advantage, treating all colleagues, candidates, clients, and partners with equality, fairness, and respect, regardless of age, disability, race, religion, gender, sexual orientation, marital status, or family circumstances. We provide reasonable accommodations for individuals with disabilities during the application and employment process.

Key Skills

Loan Processing, Computer Skills, Fraud, Math, Banking, Pricing, Analysis Skills, Fair Housing Regulations, Underwriting, Financial Analysis, Negotiation, Phone Etiquette