Construction Underwriter for Complex UK Projects

NACBA

Greater London

Hybrid

GBP 63,000 - 95,000

Full time

13 days ago
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Benefits offered by this job

Hybrid work model

Job summary

Swiss Re Corporate Solutions in London is seeking an Engineering & Construction Underwriter to manage UK construction risks, underwriting CAR, EAR, and related covers. You will collaborate with brokers, risk engineers, and claims specialists to deliver effective insurance solutions.

You will build on your existing construction underwriting experience while gaining exposure to major UK projects and the team’s structured training. This role supports hybrid work and offers clear career progression.

Qualifications

  • Experience within construction / engineering underwriting, property underwriting, broker placement, or technical insurance support roles.
  • Exposure to Construction All Risks (CAR), Engineering All Risks (EAR), Property, or Specialty Lines of business.
  • Strong analytical skills and sound underwriting judgement.
  • Good understanding of UK construction projects and associated risk exposures.
  • Excellent communication, negotiation, presentation and relationship-management skills.
  • Strong IT skills.

Responsibilities

  • Assess and underwrite Construction All Risks (CAR), Erection All Risks (EAR), Delay in Start-Up (DSU) and other related construction covers.
  • Analyse construction project information, including contractors, construction methods, technologies, schedules and risk controls
  • Negotiate policy terms, conditions, and pricing with brokers and clients
  • Monitor project performance throughout the construction lifecycle and support risk management initiatives
  • Collaborate with Risk Engineering and Claims colleagues to investigate losses and develop practical solutions
  • Manage policy amendments and coverage changes as projects evolve
  • Build and maintain strong relationships with relevant stakeholder including brokers, contractors, project owners, etc
  • Continue developing technical underwriting expertise through Swiss Re's structured training and development programmes

Skills

Construction underwriting
Property underwriting
Technical insurance support
CAR exposure
EAR exposure
Analytical skills
Underwriting judgement
UK construction knowledge
IT skills
Relationship management

Education

ACII or equivalent

Job description

Swiss Re Corporate Solutions in London is seeking an Engineering & Construction Underwriter to manage UK construction risks, underwriting CAR, EAR, and related covers. You will collaborate with brokers, risk engineers, and claims specialists to deliver effective insurance solutions.

You will build on your existing construction underwriting experience while gaining exposure to major UK projects and the team’s structured training. This role supports hybrid work and offers clear career progression.

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