Construction Underwriter II – FM Renewable Energy

Responsibilities

• Support account teams with underwriting activities and strategic account objectives, including exposure analysis, pricing, terms and conditions, program structure, reinsurance coordination, certificate and quotation preparation, and proposal support.
• Participate in insurance program and policy development, working with internal operations teams to review documentation and maintain strong quality control over final materials delivered to clients and brokers.
• Develop and maintain strong knowledge of FM’s underwriting guidelines, policy terms and conditions, pricing approach, and profitability analysis to support sound program design and sustainable portfolio performance.
• Support account servicing activities, including preparation for internal and client-facing meetings, presentations, and proposals, while continuing to develop effective communication and presentation skills.
• Leverage external and internal relationships to understand clients' exposures, operating strategies and business goals, and ensure mutually agreed project plans meet the long-term loss prevention, underwriting, and risk transfer goals of both the client and FM.
• Stay abreast of renewable energy and insurance market trends, and broader portfolio performance, including competitor offerings, strengths and weaknesses, profitability, emerging trends, etc.
• Leverage external and internal relationships to understand clients' exposures, operating strategies and business goals, and ensure mutually agreed project plans meet the long-term loss prevention, underwriting, and risk transfer goals of both the client and FM.
• Ensure underwriting documentation (policies, binders, endorsements) is accurate, complete, and properly issued, with underwriting decisions and rationale clearly documented in internal systems.

Qualifications

• Bachelor’s degree or equivalent; CIP designation desirable.
• 2+ years of Market Underwriting experience with a strong understanding of insurance market dynamics, risk assessment, and program structuring.
• Demonstrated ability to evaluate equipment and construction-related risks, place reinsurance, collaborate effectively with brokers and internal stakeholders, and quickly learn and adapt to new underwriting systems, procedures, and software applications.
• Demonstrated ability to make sound underwriting decisions, apply underwriting guidelines, and learn new systems and tools in a structured underwriting environment.
• Strong analytical, problem solving, computer skills and attention to detail is required.
• Working knowledge of account management, business communication, exposure analysis, negotiation, presentation skills, relationship management, and insurance program structure.
• Strong interpersonal, planning, and organizational skills, with experience applying policy terms and conditions, pricing considerations, profitability analysis, and underwriting guidelines.
• Experience with policy review, insurance program structure, global placements, complex property accounts, and multi-carrier placements is preferred.
• Curious and driven to learn about new technologies, market practices, and trends.
• Associateship of the Chartered Insurance Institute (ACII) or Chartered Property Casualty Underwriter (CPCU) designation would be an advantage.