At a Glance
- Tasks: Manage a diverse construction renewals portfolio and build strong broker relationships.
- Company: Join a Fortune 500 company with a people-first, collaborative culture.
- Benefits: Competitive salary, generous bonus, hybrid working, and extensive health benefits.
- Other info: Opportunity for career growth in a dynamic and supportive environment.
- Why this job: Take ownership of a high-quality portfolio and make a real impact from day one.
- Qualifications: Strong construction underwriting experience and excellent communication skills.
The predicted salary is between 50000 - 65000 £ per year.
Why this role stands out:
- Take on a ready‑made, high‑quality renewals portfolio with real ownership from day one
- Join a stable, technically strong team with an excellent market reputation
- Play a key role in maintaining strong broker relationships and high retention levels (87–89%)
- Opportunity to shape how the team evolves, bringing fresh ideas and energy
- Work in a people‑first, collaborative culture within a Fortune 500 organisation
What you’ll be doing:
- You’ll manage a varied construction renewals portfolio, delivering strong underwriting outcomes while building lasting broker relationships:
- Underwriting renewals and mid‑term adjustments within authority
- Managing and retaining a portfolio of construction risks (typically £2.5k–£100k premium range)
- Building strong broker partnerships and delivering outstanding service
- Identifying opportunities to cross‑sell and broaden coverage
- Collaborating with technical teams, new business underwriters, and wider stakeholders
- Providing market insight and contributing to underwriting strategy discussions
- You’ll work across a broad mix of risks including general construction, electrical, HVAC, and building services, with multi‑line exposure across liability, PI, and property sections.
What we’re looking for:
- Strong construction underwriting experience, particularly within renewals
- Ability to manage a portfolio autonomously and make sound underwriting decisions
- Confidence in handling broker relationships and phone‑based discussions
- Technical knowledge across liability, PI, and combined construction packages
- A detail‑oriented, disciplined approach with strong communication skills
You’ll stand out if you bring:
- Experience handling complex or combined construction risks
- A passion for building relationships and influencing outcomes
- Fresh perspective, energy, and a desire to make an impact
What you’ll get in return:
- Competitive salary + generous annual bonus
- Hybrid working (3 days in office)
- Private medical, dental, pension, life assurance & income protection
- 25 days holiday + buy/sell options
- A genuinely collaborative, down‑to‑earth culture
- Clear opportunity to step into a highly visible, impactful role
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with all reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful.
Underwriter - Construction Renewals in London employer: Markel Corporation
Join a leading Fortune 500 organisation as an Underwriter in Construction Renewals, where you will enjoy a people-first, collaborative culture and the opportunity to manage a high-quality renewals portfolio from day one. With competitive salaries, generous bonuses, and a hybrid working model, this role offers clear pathways for professional growth while fostering strong broker relationships in a stable and technically proficient team. Experience a workplace that values diversity and encourages fresh ideas, making it an excellent employer for those seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter - Construction Renewals in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Markel Corporation). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Markel Corporation. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Underwriter - Construction Renewals 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.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Markel Corporation.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Markel Corporation. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Markel Corporation
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Markel Corporation to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Markel Corporation, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Markel Corporation'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.
