At a Glance
- Tasks: Underwrite and manage international Energy & Construction risks while building strong broker relationships.
- Company: Join Everest Advisors, a global leader in risk management with a rich heritage.
- Benefits: Enjoy a competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on collaboration and inclusion.
- Why this job: Make a real impact in the Energy & Construction sector while developing your career.
- Qualifications: 8+ years of underwriting experience and strong negotiation skills required.
The predicted salary is between 63000 - 77000 £ per year.
About Everest
Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.
As part of our continued growth in the London market, we are seeking an experienced Senior Underwriter to join our UK Energy and Construction Underwriting team. This role will focus on the underwriting and profitable development of an international portfolio of Contractors All Risks (CAR), Erection All Risks (EAR), and associated Energy & Construction risks written through London markets.
Role Overview
The Underwriter will be responsible for managing and growing a profitable portfolio of international Energy & Construction business, with a particular focus on CAR/EAR risks. The successful candidate will possess strong technical underwriting expertise, established broker relationships in the London wholesale market, and experience underwriting complex multinational construction and infrastructure projects. This is a production-oriented role requiring an entrepreneurial underwriter who can identify opportunities for profitable growth while maintaining underwriting discipline and adherence to Everest's risk appetite.
Key Responsibilities
- Underwrite and manage a portfolio of international Energy & Construction risks
- Evaluate new and renewal submissions, performing detailed risk assessments and applying sound underwriting judgment to determine terms, conditions, pricing, and capacity deployment.
- Build and maintain a profitable portfolio within delegated authority while achieving growth, retention, and profitability objectives.
- Develop and strengthen relationships with key London market brokers, wholesale intermediaries, and clients.
- Actively identify new business opportunities across international construction sectors
- Lead negotiations with brokers and clients regarding coverage structure, pricing, deductible strategy, capacity deployment, and policy terms.
- Monitor portfolio performance, market trends, claims activity, and emerging industry risks to support profitable underwriting outcomes.
- Collaborate with Claims, Risk Engineering, Actuarial, Exposure Management, Legal, and Operations teams to deliver superior client service and portfolio results.
- Contribute to product development initiatives and underwriting strategy for the Energy & Construction portfolio.
- Mentor junior underwriters and assist in technical training, peer reviews, and underwriting quality initiatives.
- Ensure compliance with underwriting governance, regulatory requirements, delegated authorities, and internal control frameworks.
Required Qualifications & Experience
- Bachelor's degree or equivalent professional qualification.
- Typically 8+ years of commercial underwriting experience, with significant expertise in Energy & Construction insurance.
- Demonstrated experience underwriting international CAR/EAR business through the London market.
- Strong understanding of: Construction and engineering risks, Project financing structures, DSU exposures, Contractual risk allocation, International project placements.
- Experience managing broker relationships and producing new business in a wholesale distribution environment.
- Strong technical pricing and risk assessment capabilities.
- Excellent negotiation, communication, and relationship management skills.
Preferred Qualifications
- Lloyd's market underwriting experience strongly preferred.
- Established broker network within the London wholesale and Lloyd's markets.
- Experience underwriting major multinational construction and infrastructure projects across EMEA, Asia Pacific, Latin America, and North America.
- Professional insurance qualifications such as ACII, FCII, or equivalent.
- Experience working across delegated authority, open market, and facultative placements.
This role presents an excellent opportunity for an established London Market Energy & Construction underwriter to join a growing platform and help expand Everest's international CAR/EAR capabilities.
What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors.
Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type: Regular
Time Type: Full time
Primary Location: London
Additional Locations: Privacy Notice | Everest (everestglobal.com)
Summary Location: London
Type: Full time
Energy & Construction Underwriter in London employer: Everest Re Group,
Everest Advisors is an exceptional employer, offering a dynamic and inclusive work environment that prioritises employee development and community impact. With a strong commitment to innovation and collaboration, employees have the opportunity to engage in strategic projects that drive growth and create sustainable value. Located in London, a global financial hub, team members benefit from a vibrant culture and access to diverse professional networks, making it an ideal place for meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Energy & Construction Underwriter in London
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We think you need these skills to ace Energy & Construction Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
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How to prepare for a job interview at Everest Re Group,
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Everest Re Group, to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
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Understanding Everest Re Group,'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
