Engineering & Construction Underwriter (80 - 100% working degree)

Swiss Re

  • London
  • Permanent
  • Full-time
  • 9 days ago
Ready to shape the future of global construction risk? Join Swiss Re Corporate Solutions and transform your engineering expertise into a rewarding career safeguarding some of the world's most ambitious construction projects. Your technical knowledge will directly impact major infrastructure developments across the globe!About the RoleAs an Engineering Underwriter with Swiss Re Corporate Solutions in London, you'll apply your engineering expertise to evaluate and manage insurance risks for significant construction projects worldwide. This dynamic role bridges technical engineering knowledge with insurance strategy, offering a stimulating alternative career path for experienced engineers.Key Responsibilities:
  • Assess and analyze complex engineering risks, negotiating appropriate insurance terms and conditions
  • Monitor and evaluate ongoing project performance, developing and following up on risk management recommendations
  • Provide technical expertise to the claims team during incident investigations and resolution processes
  • Deliver consultative support to clients and brokers on engineering risk matters
  • Manage policy adaptations in response to project changes throughout coverage periods
  • Develop underwriting expertise through Swiss Re's renowned training programs, with a clear path to becoming a full underwriter
About the TeamOur Engineering & Construction team in London comprises 5 specialized Underwriters managing a diverse portfolio spanning Power, Petrochemical, Civil, and Building projects. You'll join a collaborative group of experts who combine technical engineering knowledge with insurance acumen to protect complex infrastructure developments worldwide.About YouYou're a technically skilled engineer with excellent communication abilities who thrives on intellectual challenges. Your natural curiosity drives you to continuously expand your knowledge, and you take initiative to implement solutions independently. You enjoy translating complex technical concepts into practical risk assessments and can build strong relationships with stakeholders at all levels.We are looking for candidates who meet these requirements:
  • Master's or Bachelor's degree in Engineering
  • 5-8 years of hands-on engineering experience (chartered status preferred)
  • Strong digital literacy including proficiency with Microsoft Office, databases, and data analytics tools
  • Demonstrated ability to analyze complex technical information and make sound risk judgments
  • Willingness to travel primarily within Europe
These are additional nice to haves:
  • Professional insurance qualifications or previous exposure to the insurance industry
  • Multiple language skills (business-fluent English required, additional languages advantageous)
  • Experience with digital solutions and emerging technologies in engineering or insurance
  • Background in international construction projects
  • Strong presentation and negotiation skills #LI-Hybrid
For London, the annual base salary range for this position is between GBP 63 000 and GBP 95 000 (for a full-time role). The specific salary offered considers:
  • the requirements, scope, complexity and responsibilities of the role,
  • the applicant's own profile including education/qualifications, expertise, specialisation, skills and experience.
In addition to your base salary, Swiss Re offers an attractive performance-based variable compensation component, designed to recognise your achievements. Further you will enjoy a variety of global and location specific benefits.Eligibility may vary depending on the terms of Swiss Re policies and your employment contract.About Swiss Re Corporate SolutionsSwiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime.Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind.Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability.If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience.Keywords:
Reference Code: 135118

Swiss Re