Engineering Lines Executive Underwriter

HDI Global SE

United States

On-site

USD 110,000 - 130,000

Full time

2 days ago
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Benefits offered by this job

401(k) with company match
Paid Time Off
Sick Leave
Medical
Health Reimbursement Arrangement (HRA)
Telemedicine
Wellness Program
Employee Assistance Program (EAP)
Dental
Vision
Disability Insurance
Life Insurance
Transit and Parking benefits

Job summary

HDI Global Insurance Company, a Chicago-based insurer and subsidiary of HDI Global SE, seeks an Engineering Lines Underwriter to manage complex engineering and builders risk accounts and drive profitable portfolio growth.

The role requires a Bachelor’s degree in Engineering and 5+ years of underwriting experience with CAR/EAR, CPE/CPM, DSU/ALOP, and Machinery Breakdown knowledge. Base salary ranges from $110,000 to $130,000 with a bonus eligibility.

Qualifications

  • Bachelor’s degree in Engineering or related field required.
  • 5+ years of engineering lines or builders risk underwriting experience.
  • Strong technical knowledge of CAR/EAR, CPE/CPM, DSU/ALOP, and Machinery Breakdown risks.
  • Ability to analyze complex construction and industrial risks.

Responsibilities

  • Underwrite Engineering Lines and Builders Risk within delegated authority.
  • Assess complex project risks by reviewing construction details and timelines.
  • Develop terms, conditions, limits, deductibles, and pricing with brokers/clients.
  • Mentor junior underwriters and ensure compliance with standards.

Skills

Engineering underwriting
Risk assessment
Negotiation
Communication skills
Mentoring
CAR/EAR knowledge
DSU/ALOP knowledge
Machinery breakdown

Education

Bachelor’s degree in Engineering or related field

Tools

MS Excel

Job description

AI Powered. Human Driven. HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. With an international network spanning over 150 countries, we deliver sophisticated domestic and global insurance solutions to U.S.-based multinational and middle-market companies across a wide range of industries.

AI Powered. Human Driven. HDI Global Insurance Company is a commercial property and casualty insurer headquartered in Chicago, IL. As a wholly owned subsidiary of HDI Global SE, we manage the industrial lines division of the Talanx Group. With an international network spanning over 150 countries, we deliver sophisticated domestic and global insurance solutions to U.S.-based multinational and middle-market companies across a wide range of industries. With Xcelerate29, HDI is shaping its future by becoming a Trusted Global Player, achieving Next-level Excellence, and building a Forward-thinking Organisation. This direction helps HDI Global lead the profitable growth game as a globally connected business, raise the bar every day through stronger underwriting, claims, and investment performance, and win tomorrow by starting today with a lean, fast, resilient, and future-ready organisation. Together, these priorities support profitable growth, sustainable profitability, global consistency, digital transformation, AI acceleration, smart cost leadership, and stronger collaboration across teams and markets. They also reflect our focus on being a workplace of choice by building a future-ready workforce where people learn, grow, adapt to technology change, and contribute to long-term success. The Engineering Lines Underwriter is responsible for underwriting and managing complex engineering and builders risk accounts while supporting profitable portfolio growth. This role applies advanced technical underwriting expertise, disciplined risk assessment, and market knowledge across engineering lines, working closely with brokers, clients, and internal partners to deliver sustainable underwriting results aligned with the company’s risk appetite.

Key Responsibilities
  • Underwrite Engineering Lines and Builders Risk business (including CAR/EAR, Contractors’ Plant and Equipment, Electronic Equipment, Machinery Breakdown, and DSU/ALOP) within delegated authority
  • Assess complex project risks by reviewing construction details, contract structures, loss history, engineering reports, and project timelines
  • Analyze risk quality, exposure, and pricing adequacy to support profitable underwriting decisions
  • Develop and negotiate terms, conditions, limits, deductibles, and pricing with brokers and clients
  • Collaborate with Risk Engineering, Claims, Reinsurance, and Global Engineering teams to deliver comprehensive risk solutions
  • Manage a portfolio of engineering risks, monitoring performance, loss trends, and accumulation
  • Support renewal strategy, new business development, and market initiatives
  • Contribute to underwriting guidelines, product enhancements, and process improvements
  • Provide technical guidance and informal mentoring to junior underwriters and underwriting staff
  • Ensure compliance with underwriting standards, pricing tools, governance requirements, and regulatory guidelines
Qualifications and Experience
  • Bachelor’s degree in Engineering, Risk Management, Business, Finance, or a related field
  • 5+ years of engineering lines or builders risk underwriting experience
  • Strong technical knowledge of CAR/EAR projects, CPE/CPM, DSU/ALOP, and Machinery Breakdown risks
  • Proven ability to analyze complex construction and industrial risks
  • Excellent analytical, negotiation, and communication skills
  • Ability to make sound underwriting decisions within delegated authority

Base salary range for this position is $110,000–$130,000 plus eligibility for a performance-based annual bonus. Actual compensation will be based on experience, education, and geographic location.

We offer a competitive benefits package, including:

  • 401(k) with company match
  • Paid Time Off
  • Sick Leave
  • Medical
  • Health Reimbursement Arrangement (HRA)
  • Telemedicine
  • Wellness Program
  • Employee Assistance Program (EAP)
  • Dental
  • Vision
  • Accident & Critical Illness Insurance
  • Flexible Spending Account (FSA)
  • Dependent Care FSA
  • Group and Voluntary Life Insurance
  • Short- and Long-Term Disability
  • Pet Insurance
  • Transit and Parking benefits
Additional Information

HDI Global Insurance Company is an Equal Opportunity Employer. We consider applicants without regard to race, color, religion, national origin, age, sex, marital status, ancestry, disability, veteran status, gender identity, or sexual orientation.

Applicants must be legally authorized to work in the United States.

Employment is contingent upon successful completion of a background check.

Recruitment Agencies: All resumes submitted without prior HR authorization will be considered unsolicited.

HDI Global Insurance Company is an Equal Opportunity Employer and participates in E-Verify.

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