A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway’s insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.
Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?
Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a Construction Underwriter to join our Property team in Madrid.
The Construction Underwriter will be responsible for developing and expanding new business opportunities, analyzing exposures according to BHSI’s risk quality and confidence framework, negotiating fair insurance conditions and deploying necessary capacity for all type of construction projects, including civil works, buildings, power generation, oil & gas, mining, etc. A good understanding of engineering concepts, risk management capabilities and strong business acumen is necessary to achieve our team objective of being a reputable Construction team with an outperforming combined ratio.
We are seeking an individual with a solid background in underwriting Construction business, who strives for excellence in every area from analyzing risks to delivering customer and broker service.
You should be comfortable working closely with the Claims team, underwriters and Risk Control engineers from across the broader team. Good data and file management skills are required.
This position is a great fit for an Underwriter looking to expand their responsibilities and underwriting knowledge with an experienced and well-regarded unit within a top global insurance company.
Underwrite and grow the Construction book of business profitably within the BHSI risk appetite
Underwrite Construction projects (EAR, CAR) while ensuring appropriate analysis and documentation
Evaluate and underwrite risks related to civil works, construction, and large infrastructures and all types of industrial risks including emerging risks.
Contribute towards the further development of Construction underwriting at BHSI both in Spain and globally
Collaborate to develop and strengthen the Spanish branch operations beyond the regular underwriting activities
2+ years of underwriting experience in Construction (both project and annual policies), technical underwriting or industrial risks.
~ Good understanding of natural catastrophe peril modelling and pricing for multi-year construction policies
~ Analytical mindset: approach problems in a logical, structured, and data-driven manner; being curious, asking questions, and seeking out the best data and analytical tools.
~ A technical background in fields such as Civil Engineering, Mechanical Engineering, Architecture, or related disciplines is highly valued.