FM Intelim Construction Underewriter

FM•Johnston, RI

18h

About The Position

FM Intellium is seeking a Construction Underwriter to join a dynamic, growth-focused team. This is a client-facing, deal-leading role responsible for evaluating, structuring, and executing large-scale construction risks across complex infrastructure projects. This role operates at the front line of underwriting, leading broker and client engagement, making pricing and underwriting decisions, and managing deals end-to-end within established authority. The ideal candidate thrives in a fast-paced environment, demonstrates strong judgment and commercial acumen, and effectively balances opportunity with risk.

Requirements

10+ years of property underwriting experience
Demonstrated experience underwriting construction risks, including large or complex projects
Proven ability to manage deals end-to-end and operate within defined authority levels
Experience leading broker and client discussions, including negotiation of pricing and terms
Strong understanding of construction risk exposures, project structures, and loss drivers
Advanced analytical, problem-solving, and decision-making skills
Ability to assess and prioritize risks in a fast-paced, high-pressure environment
Excellent interpersonal, written, and verbal communication skills
Bachelor’s degree or equivalent experience required

Nice To Haves

CPCU, ARM, or advanced degree preferred

Responsibilities

Lead underwriting of complex construction projects, including direct engagement with brokers and clients
Evaluate risks, develop pricing strategies, and structure terms and conditions for large-scale builder’s risk placements
Make clear, well-supported underwriting recommendations, including appropriate capacity deployment and risk selection
Manage deals independently from initial engagement through execution, escalating selectively based on authority thresholds
Balance commercial objectives with underwriting discipline, adjusting approach based on project-specific risk factors
Analyze construction exposures, including contractor risk, project phasing, and key loss drivers
Align individual underwriting decisions with broader portfolio strategy, including aggregation, capacity deployment, and risk concentration
Maintain accurate and up-to-date documentation of underwriting decisions within internal systems
Monitor market conditions, competitor activity, and portfolio performance to inform decision-making
Build and maintain strong relationships with brokers, clients, and internal stakeholders
Lead negotiations related to pricing, coverage structure, and terms and conditions
Communicate recommendations clearly and effectively, maintaining credibility and trust with external partners
Exercise appropriate challenge and negotiation discipline to achieve balanced outcomes
Partner with engineering, client service, and underwriting leadership to deliver integrated risk solutions
Contribute to the development of underwriting frameworks, best practices, and scalable processes
Provide guidance and mentorship to team members, as appropriate
Leverage internal systems, tools, and technology to enhance underwriting effectiveness and efficiency