Underwriter, Professional Indemnity - Construction (Hybrid, 80-100% working degree possible)

Crossell; City Of London; Hybrid; GBP 63,000 - 95,000; Full time

Job summary

A leading insurance company is seeking an Underwriter for Professional Indemnity in Construction. This role involves leveraging technical expertise and broker relationships to identify and underwrite transactions. The company offers a hybrid work model, with an annual salary range of GBP 63,000 to GBP 95,000, along with performance-based compensation and various benefits.

Benefits

Performance-based variable compensation

Global and location-specific benefits

Qualifications

• Experience in Professional Indemnity underwriting with technical proficiency.
• Established network of Professional Indemnity brokers and clients.
• Strong negotiation and analytical skills.

Responsibilities

• Generate new business opportunities through existing broker network.
• Analyze risks and evaluate exposures with precision.
• Review and structure coverage proposals.

Skills

Professional Indemnity underwriting experience

Negotiation skills

Analytical skills

Relationship-building

Time-management skills

Job description

Underwriter, Professional Indemnity - Construction (Hybrid, 80-100% working degree possible)

Division: CSY-MU UK & Ireland (59000010)

Are you ready to leverage your expertise in Professional Indemnity to shape the future of corporate risk solutions? We're seeking an exceptional Underwriter to join our dynamic Professional Indemnity – Construction team, where you'll have the opportunity to build on your established broker relationships and technical underwriting skills to drive business growth and deliver outstanding client solutions.

About the Role

As a Underwriter in our Professional Indemnity – Construction team, you'll play a pivotal role in our continued success by leveraging your technical expertise and market connections to identify, analyze, and underwrite Professional Indemnity – Construction (Architects, Engineers, Contractors & Surveyors) transactions. You'll operate as both a primary and excess insurer, utilizing our multinational/local policy capabilities to create tailored solutions for clients.

Key Responsibilities

• Generate new business opportunities by leveraging your existing broker network and developing new relationships across the UK market
• Analyze technical insurability of risks, evaluating exposures and coverages with precision and insight
• Review and structure coverage proposals, wordings, and quotations that balance client needs with sound underwriting principles
• Lead discussions with brokers and clients, demonstrating deep understanding of their requirements and expectations
• Select risks carefully using your market knowledge to identify profitable opportunities while maintaining underwriting discipline
• Contribute to bespoke projects within Corporate Solutions, working in international deal teams
• Participate in special assignments as required, bringing your expertise to cross-functional initiatives

About You

You're a technically strong underwriter with excellent market connections and a passion for building relationships. You thrive in a dynamic environment where you can apply your analytical skills and industry knowledge to create innovative solutions. Your self-motivation and independent working style are balanced by your collaborative approach and commitment to teamwork.

We are looking for candidates who meet these requirements:

• Experience of Professional Indemnity underwriting with demonstrated technical proficiency
• Established network of Professional Indemnity brokers and commercial institution clients
• Strong negotiation and analytical skills with a focus on service orientation
• Excellent interpersonal and communication abilities, with proven relationship-building capabilities
• Advanced organizational and time-management skills to handle multiple priorities effectively

These are additional nice to haves:

• Experience with multinational policy capabilities and international markets
• Knowledge of additional Professional Indemnity products beyond Construction (Architects, Engineers, Contractors & Surveyors)
• Proficiency with underwriting systems and digital tools
• Experience in mentoring or developing junior team members
• Strong IT skills for efficient workflow management
• Willingness to travel as required for client/broker meetings #LI-Hybrid

Our company has a hybrid work model where the expectation is that you will be in the office at least three days per week

For London, the annual base salary range for this position is between GBP 63 000 and GBP 95 000 (for a full‑time role). The specific salary offered considers:

• the requirements, scope, complexity and responsibilities of the role,
• the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.

In addition to your base salary, Swiss Re offers an attractive performance‑based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.

Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.

About Swiss Re Corporate Solutions

Swiss Re is one of the world’s leading providers of reinsurance, insurance and other forms of insurance‑based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.

Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry‑leading claims service provides them with additional peace of mind.

Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.

If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.

Keywords:

Reference Code: 136170