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About the Role

Everest is seeking an experienced Senior Underwriter to join its UK Energy and Construction Underwriting team in London. This role focuses 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. The Underwriter will manage and grow a profitable portfolio, requiring strong technical expertise, established broker relationships, and experience with complex multinational projects. This is a production-oriented role demanding an entrepreneurial approach to identify growth opportunities while maintaining underwriting discipline.

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.

Requirements

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, and 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.

Skills

Energy & Construction insurance underwriting
Contractors All Risks (CAR)
Erection All Risks (EAR)
Risk assessment
Underwriting judgment
Pricing
Capacity deployment
Broker relationship management
Wholesale distribution
Negotiation
Communication
Relationship management
Technical pricing
Lloyd's market underwriting
Delegated authority
Open market placements
Facultative placements

Location

London

Work Type

Full time
Hybrid

Experience Level

8+ years of commercial underwriting experience
Significant expertise in Energy & Construction insurance

Education Level

Bachelor's degree or equivalent professional qualification
ACII, FCII, or equivalent (preferred)

About the Company

Everest is a global leader in risk management with a 50+ year heritage.
We enable 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.
We care deeply about our impact on communities and the wider world.
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 we serve.
We pride ourselves on having a unique and inclusive culture driven by a unified set of values and behaviors.
Our Values: Talent, Thoughtful assumption of risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion and Belonging.
Our Colleague Behaviors: Respect everyone, Pursue better, Lead by example, Own our outcomes, Win together.

Equal Opportunity

At Everest we are dedicated to building an inclusive and authentic workplace.
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.
Please let us know if you need any accommodations throughout the application or interview process.