Senior Facultative Underwriter- Builders Risk
New York City, NY - USA
Job Summary
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.
- 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
- 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
- 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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Required Experience:
Senior IC
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