At a Glance
- Tasks: Join our team as a Senior Underwriter, focusing on Construction Casualty in a dynamic environment.
- Company: Berkshire Hathaway Specialty Insurance is a leading global insurance provider known for its integrity and excellence.
- Benefits: Enjoy competitive pay, growth opportunities, and a supportive, non-bureaucratic work culture.
- Why this job: Be part of a collaborative team that values diversity and fosters long-term relationships with clients.
- Qualifications: 5+ years in Casualty underwriting, strong communication skills, and existing broker relationships are essential.
- Other info: This role offers the chance to expand your expertise within a top global insurance company.
The predicted salary is between 43200 - 72000 £ per year.
Senior Underwriter Construction, Casualty, London
A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognized. Want to be part of the team building the finest property, casualty, and specialty lines insurance company in the world?
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Senior Underwriter, Construction Casualty to join our Energy & Construction Casualty team in London.
Day-to-day responsibilities of this role include contributions towards the growth and build-out of our Energy & Construction Casualty business across all relevant distribution channels, pre-qualifying accounts, utilizing underwriting acumen to select risks within the company’s risk appetite and expanding and developing new business opportunities with brokers and customers in both the UK and Internationally.
We are seeking an individual who is energized, passionate and who is always striving towards excellence. You should be comfortable working closely with actuaries, the claims team, and underwriters from across the broader team. In addition, necessary character, relationship building and negotiating skills to help lead and further build a profitable book of business are of the utmost importance. The successful candidate will be focused on a positive customer experience, while maintaining sound underwriting discipline. This position is a great fit for a Senior Casualty Underwriter looking to expand their responsibilities and underwriting knowledge with an experienced and well-regarded unit within a top global insurance company.
Duties & Responsibilities:
- Support the development and growth of the Construction Casualty book in London that is consistent with the team\’s focus on profitable growth.
- Establish, develop, and expand broker and customer relationships.
- Operate in a fast-paced environment with the ability to multi-task and prioritize.
- Underwrite Primary and Excess accounts while ensuring appropriate analysis and documentation without sacrificing discipline, diligence, and quality service. Accounts will be both UK and Internationally domiciled.
- Work in a customer facing environment with a high focus on long term relationships.
- Effectively communicate BHSI value proposition.
- Be a positive reflection on the company by demonstrating integrity and leadership in the marketplace.
- Work within a collaborative global team.
Qualifications, Skills and Experience:
- 5+ years of experience Casualty underwriting in Construction sectors.
- Strong underwriting acumen and attention to detail.
- Have strong existing broker and customer relationships and have the ability to develop new broker and customer relationships.
- Strong collaboration skills and ability to work in a team environment.
- Excellent communication skills including negotiation, communications, and presentation experience.
- Entrepreneurial and a motivated self-starter.
- Experience in London market and strong understanding of London market coverage, policy wording and broker manuscripts.
- Willing to travel on business as required.
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you to tohr.europe@bhspecialty.com.
NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Members may perform other related duties as negotiated to meet the ongoing needs of the organization.
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Contact Detail:
BERKSHIRE HATHAWAY SPEC INS Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Underwriter Construction, Casualty, London London, United Kingdom
✨Tip Number 1
Familiarise yourself with the specific underwriting practices and regulations in the London market. Understanding the nuances of local policies and broker relationships can give you a significant edge during interviews.
✨Tip Number 2
Network with professionals in the construction casualty sector. Attend industry events or join relevant online forums to connect with potential colleagues and brokers, which can help you gain insights and possibly referrals.
✨Tip Number 3
Demonstrate your understanding of BHSI's values in your conversations. Show how your personal values align with their focus on integrity, collaboration, and customer experience, as this will resonate well with their team culture.
✨Tip Number 4
Prepare to discuss your previous successes in underwriting and relationship building. Be ready to share specific examples that highlight your ability to grow a profitable book of business and manage client relationships effectively.
We think you need these skills to ace Senior Underwriter Construction, Casualty, London London, United Kingdom
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in casualty underwriting, particularly within the construction sector. Emphasise your strong existing broker relationships and any specific achievements that demonstrate your underwriting acumen.
Craft a Compelling Cover Letter: In your cover letter, clearly articulate why you are passionate about this role at Berkshire Hathaway Specialty Insurance. Mention how your values align with theirs, and provide examples of how you've contributed to profitable growth in previous positions.
Showcase Communication Skills: Since excellent communication skills are crucial for this role, consider including specific examples in your application that demonstrate your negotiation and presentation abilities. This could be through successful projects or initiatives where you effectively communicated value propositions.
Highlight Team Collaboration: BHSI values collaboration, so make sure to mention any experiences where you worked as part of a team to achieve common goals. Discuss how you’ve built relationships with colleagues and clients, and how this has positively impacted your work.
How to prepare for a job interview at BERKSHIRE HATHAWAY SPEC INS
✨Know Your Underwriting Fundamentals
Brush up on your underwriting principles, especially in the construction and casualty sectors. Be prepared to discuss specific cases where you've successfully assessed risks and made decisions that align with a company's risk appetite.
✨Showcase Your Relationship-Building Skills
Since this role involves establishing and expanding broker and customer relationships, come ready with examples of how you've built successful partnerships in the past. Highlight your negotiation skills and any strategies you've used to maintain long-term relationships.
✨Demonstrate Your Market Knowledge
Familiarise yourself with the London market, including coverage specifics and policy wording. Be ready to discuss current trends and challenges in the industry, as well as how you can contribute to BHSI's growth in this area.
✨Emphasise Team Collaboration
BHSI values teamwork, so be prepared to share experiences where you've worked collaboratively with actuaries, claims teams, or other underwriters. Discuss how you approach multi-tasking and prioritising in a fast-paced environment while maintaining quality service.