Everest
Energy & Construction Underwriter
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Energy & Construction Underwriter
Company:
Everest Advisors (Uk), Ltd.
Job Category:
Underwriting
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.
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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.
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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.
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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. Click here to learn more about our culture.
Our Values
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
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:
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