Underwriter, Engineering

Canopius Group; Greater London; Hybride; GBP 70 000 - 110 000; Plein temps

Avantages offerts par ce poste

Hybrid working

Competitive base salary

Non-contributory pension

Discretionary bonus

Health and dental insurance

Résumé du poste

Canopius in London seeks an experienced Engineering Underwriter to manage a global construction and engineering risk portfolio. You will apply disciplined risk selection and technical judgment while building strong broker and client relationships to drive profitable growth.

Based in the City, this role supports Canopius’ Engineering products within Natural Resources, with a hybrid working model and a focus on market insight and cross-team collaboration.

Qualifications

• Strong technical knowledge of Engineering and Construction insurance.
• Experience underwriting complex risks in London or international markets.
• Ability to interpret risk data and inform decisions.
• Commercial acumen with ability to develop opportunities.

Responsabilités

• Execute new and renewal underwriting in line with plan and guidelines.
• Assess complex engineering risks, applying technical underwriting analysis.
• Contribute to underwriting guidelines and product frameworks.
• Provide guidance on Engineering products and market priorities.
• Monitor market conditions and translate developments into underwriting decisions.
• Support governance, audits and controls.

Connaissances

Engineering underwriting

Risk assessment

Contractors All Risks

Erection All Risks

Broker & client engagement

Description du poste

Job Description

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

The Role

We are looking for an experienced Engineering Underwriter to join Canopius in London. The role will support the underwriting and development of a worldwide portfolio of construction and engineering risks, including Contractors All Risks and Erection All Risks, within the wider Natural Resources and Heavy Industries proposition. You will combine disciplined risk selection and technical underwriting judgement with strong broker and client engagement, contributing to profitable portfolio growth and the continued development of Canopius’ market expertise in complex engineering risks.

Responsibilities Will Include

• Execute new and renewal underwriting in line with the business plan, underwriting authority, risk appetite, underwriting guidelines and documentation standards.
• Assess complex engineering and construction risks, applying technical underwriting analysis to risk quality, pricing, terms, conditions, limits and attachment points.
• Contribute to the creation and revision of underwriting guidelines, policies and frameworks for Engineering insurance products across a range of risk sizes.
• Act as a technical subject matter expert, providing advice on Engineering products, services, priorities and target markets and helping brokers and clients understand material risk exposures.
• Use risk analytics, portfolio information and market insight to support account and portfolio decisions, identify concentrations and opportunities, and contribute to plans to increase Canopius’ share in target segments.
• Build and maintain trusted relationships with brokers, clients and internal stakeholders, representing Canopius positively in market meetings and relevant industry forums.
• Contribute to business development and product development opportunities, including collaboration across Natural Resources and other relevant underwriting teams.
• Monitor market conditions, emerging technologies, regulation and loss trends relevant to construction and engineering risks and translate these developments into underwriting decisions.
• Support peer review, underwriting governance, audits and the consistent application of underwriting standards and controls.
• Provide technical guidance and knowledge sharing to colleagues, contributing to the development of underwriting capability across the team.

And Other Ad Hoc Duties As Required.

Relevant Skills and Experience

• Strong technical knowledge of Engineering and Construction insurance, with experience of underwriting complex risks in the London and/or international specialty insurance market.
• Experience assessing construction and engineering exposures, including Contractors All Risks and Erection All Risks.
• Strong risk selection, technical underwriting analysis, pricing and negotiation capability.
• Ability to interpret technical risk information and use data and analysis to support underwriting decisions.
• Good understanding of portfolio management, market dynamics and the external environment affecting engineering and construction risks.
• Commercially minded, with the ability to develop business opportunities while maintaining underwriting discipline.
• Confident communicator able to build effective relationships with brokers, clients and colleagues across multiple disciplines.
• Ability to contribute to underwriting strategy, product development and continuous improvement.

Our Benefits

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.