Construction Risk Underwriter – Bonds & Projects

NHBC; Greater London; Hybrid; GBP 47,000 - 57,000; Full time

Benefits offered by this job

Annual leave

Holiday purchase

Enhanced pension

Life assurance

Private medical insurance

Employee discounts

Volunteer leave

Parental leave

Job summary

NHBC is seeking an Underwriter to assess referred cases, major projects, and surety/bond submissions. You will apply technical judgment to determine terms and conditions, operate within delegated authority, and collaborate with internal and external stakeholders to improve underwriting processes.

The role offers hybrid working with 2 days in the office in London or Milton Keynes, a salary of £47,000–£57,000 plus a 6% performance bonus, full-time permanent employment, and a closing date of 18

Qualifications

• Relevant underwriting experience with delegated authority.
• Experience assessing risks in referred cases, major projects, or surety and bonds.
• Strong understanding of underwriting principles and risk assessment methodologies.

Responsibilities

• Assess referred cases, major projects and surety/bond submissions within your authority.
• Evaluate risk factors including construction methods, design and contractor capability.
• Determine underwriting terms, conditions and security requirements.
• Identify and escalate complex or non-standard cases when needed.
• Engage with stakeholders to gather information and clarify submissions.
• Identify opportunities to improve underwriting processes and decisions.

Skills

Underwriting experience

Risk assessment

Delegated authority

Construction knowledge

Stakeholder communication

Education

Degree or equivalent

Job description

NHBC is seeking an Underwriter to assess referred cases, major projects, and surety/bond submissions. You will apply technical judgment to determine terms and conditions, operate within delegated authority, and collaborate with internal and external stakeholders to improve underwriting processes.

The role offers hybrid working with 2 days in the office in London or Milton Keynes, a salary of £47,000–£57,000 plus a 6% performance bonus, full-time permanent employment, and a closing date of 18