Assistant Vice President High-Hazard Underwriting Occupancy Specialist-Global Construction
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Job Location:
Johnston, IL - USA
Monthly Salary:
Not Disclosed
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Overview
Established nearly two centuries ago FM is a leading mutual insurance company whose capital scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners who share the belief that the majority of property loss is preventable represent many of the worlds largest organizations including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions combining property loss prevention with insurance protection.
Responsibilities
Shape the Future of Construction Underwriting. Influence Global Strategy. Make a Real Impact.
Are you ready to take your construction underwriting expertise to the next level Looking for the opportunity to work directly with senior decision-makers drive global strategy and shape the future direction of underwriting for some of the worlds most complex construction projects including data centers and renewable energy
Join a team where your insights matter your expertise is valued and your impact is global.
FMs Specialty Industries portfolio Mining Molten Materials Chemical Pharmaceutical Power Generation Pulp & Paper Semiconductor and Digital is seeking a highly skilled Construction Property Insurance Specialist to lead global strategy for construction exposures. This is your chance to influence underwriting requirements guide portfolio decisions and serve as a key voice in shaping our approach to emerging construction risks.
What Youll Do
Be the Construction Insurance Expert. Lead the Strategy.
As a Construction Property Insurance Specialist you will own the construction subject area. Your responsibilities will include:
- Developing and executing portfolio analyses pricing strategies and capacity/line-setting guidance for construction property insurance.
- Driving the evolution of construction underwriting requirements that protect profitability and support growth.
- Anticipating and adapting to emerging risks unique to construction such as supply chain disruptions project delays evolving building technologies and regulatory changes.
Collaborate & Innovate
Youll work closely with:
- Operations underwriters
- Principal engineers
- Corporate staff across the organization
Together youll research innovate and refine underwriting practices always seeking opportunities to improve consistency clarity and business impact.
Lead & Support the Field
Youll provide thoughtful leadership to operations underwriters by:
- Ensuring construction underwriting requirements are understood and appropriately applied
- Offering guidance on complex or unique construction opportunities
- Supporting consistent strategic underwriting judgment worldwide
Contribute Beyond the Desk
Your impact extends beyond analysis:
- Conduct 23 operations underwriting audits per year
- Deliver underwriting training to teams across the company emphasizing construction risk and best practices
- Support new product and coverage development for construction
- Continuously improve underwriting processes and systems
Qualifications
What You Bring
- Bachelors degree required
- 10 years of property insurance underwriting and/or engineering experience with a strong focus large complex construction risks
- Demonstrated authority to underwrite high-value construction projects (builders risk wrap-up or similar)
- In-depth knowledge of construction project lifecycles risk drivers and mitigation strategies
- Strong analytical and problem-solving abilities; advanced Excel skills
- Broad knowledge of property insurance underwriting techniques and financial analysis
- Exceptional written and verbal communication skills able to teach persuade and clearly communicate complex insight
- Professional designations such as CPCU ARM or CRIS are a plus
Why This Role Matters
This isnt just another underwriting job. This is an opportunity to:
- Influence global construction underwriting strategy
- Build an international network of technical and underwriting leaders
- Help prepare FM for emerging risks and evolving construction industries
- Leave your stamp on the future of how we underwrite construction risks
If youre a strategic thinker a natural leader and an expert in construction property underwriting this is your next big step.
This role can be based in any FM office located in the United States or London.
The final salary offer will vary based on geographic location individual education skills and experience. The position is eligible to participate in FMs comprehensive Total Rewards program that includes an incentive plan generous health and well-being programs a 401(k) and pension plan career development opportunities tuition reimbursement flexible work time off allowances and much more!
FM is an Equal Opportunity Employer and is committed to attracting developing and retaining a diverse workforce.
#LI-TA1
Required Experience:
Exec
Key Skills
- Presentation Skills
- Risk Management
- Financial Services
- IFRS
- Banking
- Pricing
- Analysis Skills
- Securities Law
- Investment Banking
- Relationship Management
- Strategic Planning
- Leadership Experience
About Company
FM Global's multinational presence and capabilities allow us to provide seamless insurance solutions, services and claims response around the world.
