Senior Latent Defects Underwriter - Construction Risk

Markel; Leeds; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance firm in Leeds seeks a Senior Underwriter focused on latent defects insurance. You will lead underwriting for diverse portfolios while building strong broker relationships. The role requires over 5 years' experience in construction underwriting and a commitment to a collaborative team environment. Attractive salary, generous benefits, and opportunities for professional development included.

Benefits

Generous annual bonus

25 days paid holiday

Company pension scheme

Private medical and dental cover

Life assurance

Income protection

Travel insurance

Qualifications

• Significant experience in underwriting construction risks.
• Track record in managing a profitable portfolio.
• Experience in product development including policy wording.
• Understanding of construction processes and latent defects.
• Knowledge of UK latent defects insurance legislation.
• Proficiency in risk assessment and interpretation of reports.
• Strong communication skills for technical concepts.
• Commitment to teamwork and positive company culture.

Responsibilities

• Lead underwriting for latent defects insurance.
• Act as a referral point for broker partners.
• Oversee performance of the latent defect portfolio.
• Build relationships with brokers and cover holders.
• Develop latent defects products with the Underwriting Manager.
• Provide technical support in risk survey reports.
• Adhere to governance standards and legal frameworks.
• Maintain knowledge of UK construction sector and market.
• Support team members and provide coaching.

Skills

Underwriting construction risks

Building relationships with brokers

Product development

Risk assessment and mitigation

Effective communication

Collaboration

Attention to detail

Client service focus

Education

5+ years in underwriting

Deep understanding of construction processes

Job description

A leading insurance firm in Leeds seeks a Senior Underwriter focused on latent defects insurance. You will lead underwriting for diverse portfolios while building strong broker relationships. The role requires over 5 years' experience in construction underwriting and a commitment to a collaborative team environment. Attractive salary, generous benefits, and opportunities for professional development included.