Job Description
Senior Property Facultative Underwriter – Construction/Builders Risk
Job Summary
Seeking an experienced Property Facultative Underwriter to lead the development and management of a U.S.-focused construction/property portfolio. This is a highly visible role with both technical underwriting and market-facing responsibilities.
Responsibilities
- Underwrite and price complex facultative property risks, with a focus on construction and builders risk exposures
- Evaluate submissions and determine appropriate structure, capacity, pricing, and terms based on risk assessment and internal guidelines
- Build and maintain relationships with brokers and cedents to support business development and submission flow
- Represent the organization in the marketplace, including broker meetings, industry events, and client engagement
- Manage an assigned portfolio, including new business production, renewals, and profitability oversight
- Partner with internal teams (including global underwriting counterparts) to align on strategy, appetite, and portfolio performance
- Produce reporting and analysis to support portfolio tracking, business planning, and growth initiatives
- Stay current on market trends, construction exposures, and regulatory developments within the property space
Qualifications
- 10+ years of underwriting experience within insurance or reinsurance, with a focus on property risks
- Demonstrated expertise in facultative underwriting, particularly within builders risk or large construction projects
- Experience working with complex or large-scale risks across various construction types (commercial, infrastructure, energy, etc.)
- Strong understanding of coverage structures, contract language, and pricing considerations in the reinsurance space
- Proven ability to develop and maintain broker relationships and drive business growth
- Comfortable operating in a highly technical, client-facing environment
- Ability to work both independently and collaboratively within a global underwriting framework
- Strong analytical, organizational, and communication skills
Additional Details
- Hybrid work environment
- Compensation competitive for senior-level property facultative underwriting talent, inclusive of base salary, bonus potential, and comprehensive benefits package
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