Senior Latent Defects Underwriter — Hybrid UK

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

Job summary

A leading insurance firm based in the UK is seeking an experienced Senior Underwriter specializing in latent defects insurance. The role includes leading underwriting for construction projects and building strong relationships with brokers. The ideal candidate will have over 5 years of experience in underwriting within the UK insurance market and possess deep knowledge of construction processes and legislation. This position offers a competitive salary, generous benefits, and opportunities for professional growth.

Benefits

Generous annual bonus

Pension scheme

Private medical and dental cover

25 days paid holiday plus Bank Holidays

Income protection and travel insurance

Qualifications

• Significant experience in underwriting construction risks, especially latent defects.
• Track record of managing a profitable portfolio.
• Experience in leading product development and pricing strategies.
• Understanding of building regulations and causes of latent defects.
• Knowledge of UK latent defects insurance and legislation.
• Proficient in interpreting technical reports and site surveys.
• Excellent communication skills to convey technical concepts.
• Attention to detail and commitment to client service.

Responsibilities

• Lead the underwriting approach for latent defect insurance.
• Act as a referral point for broker partners.
• Monitor claims trends and growth in the portfolio.
• Build relationships with brokers and represent the business.
• Work closely with the Underwriting Manager on product development.
• Provide technical support for risk surveys.
• Ensure compliance with governance and FCA standards.
• Stay updated on the UK construction sector and claims trends.
• Support team members in achieving targets.

Skills

Underwriting construction risks

Relationship management

Risk assessment

Communication skills

Team collaboration

Education

5+ years experience in underwriting

Job description

A leading insurance firm based in the UK is seeking an experienced Senior Underwriter specializing in latent defects insurance. The role includes leading underwriting for construction projects and building strong relationships with brokers. The ideal candidate will have over 5 years of experience in underwriting within the UK insurance market and possess deep knowledge of construction processes and legislation. This position offers a competitive salary, generous benefits, and opportunities for professional growth.