Underwriter: Construction

Country: United Kingdom of Great Britain and Northern Ireland

Creation Date: 14-Oct-2025

Employment Type: Permanent

Employment Type: Full time

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About the Role:

This is an opportunity to join a leading global construction underwriting team, with a long-term vision, who look to lead or influence placements. The successful candidate will bring first-hand experience of the construction sector to support risk assessment and risk selection of our portfolio. They will gain early responsibility and exposure to brokers and clients, as well as our market leading risk engineering and claims teams.

About the Department & Team:

The LSM Construction team are leaders across all of the sub-sectors of the Construction market, including EAR, Civils, CAR (buildings) and Annuals. We write Property Damage policies with all the aligned extensions including Delay in Start-Up, Primary Third Party Liability, Existing Property and Contractor’s Plat & Equipment. We adopt a technical approach to underwriting, supported by a team of in-house risk engineers.

Our appetite is closely aligned with past performance at an occupancy level and we seek close relationships with key clients based on a mutual understanding of the importance of risk management.

Key Responsibilities:

• Awareness of trends and developments in the engineering and construction industries and how these may impact the insurance industry and our portfolio, positively and negatively
• Support the development of the business plan for the Underwriting division and ensure delivery of the plan in accordance with stated risk tolerances
• Ensure the team’s awareness of the business plan and its context so that they are able to take appropriate action and make informed decisions
• Contribute and participate in all meetings in order to share and develop strategy, knowledge and best practice
• Contribute new ideas and concepts to support the development and delivery of the business plan
• Maintain awareness of all Construction claims advised while providing input on settlement of claims to inform Underwriting approach of the future
• Assist with co‑ordination of Risk Engineering activities of in force portfolio, review Risk Survey reports requesting additional information where appropriate.
• Assist with the development of premium pricing tools, based on experience of construction sectors, means and methods, project scheduling, cost, and procurement / contracting approaches.

• Establish and strengthen relationships with brokers, industry bodies, business partners, reinsurers and colleagues, to maximise influence and achieve business objectives
• Continually develop expertise and technical knowledge through appropriate development initiatives
• Underwrite insurance risks in accordance with the business plan and personal authority to meet business objectives, including:

• Negotiating rates, terms and conditions for existing and new business
• Compliance with the production and issue of documentation in accordance with contract certainty requirements
• Provide technical risk assessment input on underwriting opportunities within their area of technical experience and across topics such as Risk Management, Quality Management, Change Management etc.
• Contribute and influence in the review and analysis of the portfolio, to identify progress towards business objectives
• Ensure entries are properly recorded onto relevant systems in a timely manner whilst ensuring accuracy of data with relation to both underwriting and aggregate exposures

• Compliance with all applicable internal and external laws, regulations, policies, procedures and guidance
• Adhere to underwriting standards, instructions and best practice methodology in order to minimise risk
• Apply any reinsurance requirements in accordance with stated risk tolerances and to deliver against business plan
• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set outin LSM’s Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing…