Underwriter - Construction, CAR

Chubb; Greater London; On-site; GBP 65,000 - 100,000; Full time

Job summary

Chubb in the United Kingdom seeks a Construction Underwriter to manage underwriting income and portfolio growth within Contractors All Risks. You will ensure capacity deployment aligns with guidelines and appetite while maintaining underwriting integrity.

You will build and sustain relationships with brokers and clients, targeting profitable growth and portfolio quality while adhering to policies and controls across the business.

Qualifications

• Experience in CAR/Construction underwriting and risk selection.
• Knowledge of risk exposures, pricing and coverage.
• Experience dealing with brokers and clients across tiers.
• Self-driven with ability to work independently.
• Committed to ongoing technical and business skills development.
• ACII preferred, but not essential.

Responsibilities

• Underwrite new business or renewals per guidelines and budget.
• Assist in portfolio strategy, forecasts and profitability reviews.
• Prioritize product development to improve retention and new business.
• Represent Chubb to brokers and clients, supporting acquisition and cross-selling.
• Ensure policy documentation, quotes, and compliance meet standards.
• Maintain contact with internal teams and major clients.

Skills

CAR market experience

Construction risk knowledge

Risk pricing and coverage

Broker & client management

Independent decision making

Continuous professional development

Education

ACII preferred

Job description

Job Description

Underwriter - Construction, CAR

The Opportunity

We are currently recruiting a Construction Underwriter to achieve underwriting income and profit goals in the specialist area of Contractors All Risks business in accordance with the set business plan and underwriting guidelines and appetite. To ensure underwriting integrity through appropriate deployment of capacity, whilst being compliant with guidelines and controls, consistency of approach towards risk selection, pricing, and use of capacity whilst recognising market conditions within delegated underwriting authority.

The successful candidate will have experience construction underwriting and will have responsibility for growth of the Portfolio with key Brokers and Clients, whilst maintaining and developing a portfolio of existing accounts.

Key Responsibilities

• Financial Goals. To underwrite new business or renewals according to defined underwriting guidelines, specified budget and local business plan.
• Portfolio Integrity. To assist in formulating underwriting strategy, forecasts and portfolio management in order to achieve underwriting profitability. To ensure quality control within defined area of responsibility by participating in quantitative underwriting reviews, running attending and participating in regular management meetings and peer reviews.
• Product Development. To prioritise and develop products within area of specialist expertise in order to improve client retention and new business. This may involve collaborating with peers within other products in the UK and I and across business lines in Europe as well as globally.
• Producer Management. To represent and promote Chubb corporately to brokers, internal and external clients domestically and overseas. This may involve servicing key producers and clients, monitoring business acquisition and retention as well as maximising cross-selling opportunities.
• Procedures. To meet company standards in respect of policy documentation, timeframe for quoting new and renewal business and compliance issues.
• Chubb Representative. To represent and promote Chubb and maintain a permanent contact with internal colleagues as well as major domestic and overseas clients, customers and brokers.

Qualifications

Skills & Experience Required

• Good experience and understanding of the CAR/Construction market.
• Good to extensive knowledge of CAR / Construction business including risk selection / understanding, risk exposures, pricing and coverage.
• Solid experience of dealing with brokers of all tiers and clients.
• Results driven with ability to make own decisions and work on own initiative.
• Continues to develop technical and broader business skills.
• ACII preferred, but not essential.

Our core values

Our core values—Integrity, Client Focus, Respect, Excellence, and Teamwork—guide how we live and work. We are committed to being an ethical and honest company, fostering mutual trust and respect among our employees, clients, and partners. We strive to create a collaborative and supportive environment where everyone can perform at their best.

Chubb is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates. We ensure our recruitment process is inclusive and accessible. If you require reasonable adjustments, please let us know in your application or during discussions with our recruiters.