Underwriter - Construction, CAR

Chubb European Group Ltd.; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Chubb European Group SE UK Branch seeks a Construction Underwriter to grow a Contractors All Risks portfolio with brokers and clients in the UK. You will assess risk, set pricing within guidelines, and support product development and capacity deployment while ensuring underwriting integrity.

The role emphasises CAR/Construction market knowledge, strong broker relationships, and adherence to company standards and controls. ACII is preferred but not mandatory.

Qualifications

• Good experience and understanding of the CAR/Construction market.

Responsibilities

• Underwrite new business or renewals according to defined guidelines, budget and local plan.
• Assist in formulating underwriting strategy, forecasts and portfolio management.
• Prioritise and develop products within specialist CAR/Construction area to improve client retention and new business.
• Represent and promote Chubb to brokers and clients domestically and overseas; service key producers.
• Meet company standards for policy documentation, quoting timeframes and compliance.
• Maintain contact with internal colleagues and major clients and brokers.

Skills

CAR/Construction market

Risk pricing

Broker relationships

Results driven

Professional development

Education

ACII preferred

Job description

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.

Job Info

• Job Identification 37164
• Job Schedule Full time
• Regular or Temporary Regular
• Business Unit United Kingdom
• Legal Employer Chubb European Group SE UK Branch