Senior Construction Underwriter
Gravitas Recruitment Group Hong KongSenior Construction Underwriter
We are seeking a Senior Construction Underwriter to underwrite and manage a profitable portfolio of construction risks across Asia. You will provide technical leadership, deliver underwriting discipline, and support sustainable growth across contractor’s all risks, erection all risks, project delay/DSU, third party liability, and related construction classes.
Key Responsibilities- Evaluate, price, and negotiate construction insurance risks in line with delegated underwriting authority and appetite.
- Assess submissions including contracts, method statements, schedules, soil reports, project financing, and risk engineering information.
- Structure terms, conditions, warranties, and endorsements; ensure clear policy wordings and documentation.
- Develop and maintain relationships with brokers, clients, and internal stakeholders to drive retention and new business.
- Partner with risk engineering and claims teams to identify trends, improve risk selection, and support complex claims discussions.
- Monitor portfolio performance (loss ratios, rate adequacy, accumulation, exposure management) and implement corrective actions.
- Ensure compliance with regulatory requirements, internal governance, sanctions/financial crime controls, and audit standards.
- Support mentoring and technical development of junior underwriters and contribute to underwriting guidelines.
- Significant construction underwriting experience within insurance or reinsurance markets, including complex and large-scale projects.
- Strong technical knowledge of CAR/EAR, DSU/ALOP, construction liability, and project risk factors (geotechnical, tunnelling, marine interfaces, height works, NAT CAT).
- Proven track record of broker management, negotiation, and profitable portfolio growth.
- Sound understanding of reinsurance structures, line setting, capacity deployment, and aggregation controls.
- Excellent analytical skills with confidence using underwriting and exposure tools; strong attention to detail.
- Clear written and verbal communication skills in English; additional regional languages are advantageous.
- Professional insurance qualifications (e.g., ACII/FCII or equivalent) preferred.
- Right to work in Hong Kong or ability to obtain appropriate work authorisation.
- Commercial judgement, integrity, and a disciplined approach to risk selection.
- Regional APAC market connections, particularly across Southeast Asia.
- Ability to operate autonomously while collaborating effectively across functions.
- Commitment to delivering excellent service to brokers and clients.
Please Stay Alert to Potential Scams
We would like to remind you that eFinancialCareers is a job board and does not conduct hiring or ask for payment or any financial details as part of the job application process.
If you receive any suspicious messages claiming to be from us or a hiring company, we urge you not to click on any links and not to reply to the message itself.
Instead, please report the message to our support team at support@efinancialcareers.com.
It is advisable to always verify job offers directly with the hiring company.