Construction Risk Underwriter – Hybrid Role

NHBC company; Milton Keynes; Hybrid; GBP 42,000 - 64,000; Full time

Benefits offered by this job

27 days annual leave + bank holidays

Enhanced pension scheme (up to 10.5%)

Life assurance

Subsidised private medical insurance

Employee discounts platform

Enhanced parental leave and pay for新

Flexible working where possible

Job summary

NHBC is seeking an Underwriter to assess referred cases, major projects and surety/bonds, applying sound, evidence-based judgments within delegated authority. You will evaluate risk factors, determine terms, and work with internal and external stakeholders to improve underwriting processes.

The role requires construction knowledge and a degree or equivalent experience. This is a hybrid position with 2 days in the office, located in Milton Keynes/London.

Qualifications

• Relevant underwriting experience with delegated authority.
• Experience assessing risks in referred-case underwriting, major projects or surety/bonds.
• Strong understanding of underwriting principles and risk assessment methodologies.
• Good technical judgement for complex risks and clear conclusions.
• Knowledge of construction methods and related credit/counterparty risks.

Responsibilities

• Assess referred cases, major projects and surety/bond submissions within delegated authority.
• Evaluate risk factors including construction methods, design, contractor capability and financial strength.
• Determine underwriting terms, conditions and security requirements.
• Escalate complex or non-standard cases and seek specialist guidance.
• Engage with stakeholders to gather information and explain underwriting requirements.
• Identify opportunities to improve underwriting processes and guidelines.

Skills

Underwriting experience

Risk assessment

Stakeholder communication

Technical judgement

Construction knowledge

Credit risk understanding

Education

Degree or professional experience

Job description

NHBC is seeking an Underwriter to assess referred cases, major projects and surety/bonds, applying sound, evidence-based judgments within delegated authority. You will evaluate risk factors, determine terms, and work with internal and external stakeholders to improve underwriting processes.

The role requires construction knowledge and a degree or equivalent experience. This is a hybrid position with 2 days in the office, located in Milton Keynes/London.