Established nearly two centuries ago, FM is a leading mutual insurance company whose capital, scientific research capability and engineering expertise are solely dedicated to property risk management and the resilience of its policyholder-owners. These owners, who share the belief that the majority of property loss is preventable, represent many of the world’s largest organizations, including one of every four Fortune 500 companies. They work with FM to better understand the hazards that can impact their business continuity to make cost-effective risk management decisions, combining property loss prevention with insurance protection.

Shape the Future of Construction Underwriting. Influence Global Strategy. Make a Real Impact.

Are you ready to take your construction underwriting expertise to the next level? Looking for the opportunity to work directly with senior decision-makers, drive global strategy, and shape the future direction of underwriting for some of the world’s most complex construction projects including data centers and renewable energy?

Join a team where your insights matter, your expertise is valued, and your impact is global.

FM’s Specialty Industries portfolio — Mining, Molten Materials, Chemical, Pharmaceutical, Power Generation, Pulp & Paper, Semiconductor, and Digital — is seeking a highly skilled Construction Property Insurance Specialist to lead global strategy for construction exposures. This is your chance to influence underwriting requirements, guide portfolio decisions, and serve as a key voice in shaping our approach to emerging construction risks.

What You’ll Do

Be the Construction Insurance Expert. Lead the Strategy.

As a Construction Property Insurance Specialist, you will own the construction subject area. Your responsibilities will include:

• Developing and executing portfolio analyses, pricing strategies, and capacity/line-setting guidance for construction property insurance.
• Driving the evolution of construction underwriting requirements that protect profitability and support growth.
• Anticipating and adapting to emerging risks unique to construction, such as supply chain disruptions, project delays, evolving building technologies, and regulatory changes.

Collaborate & Innovate

You’ll work closely with:

• Operations underwriters
• Principal engineers
• Corporate staff across the organization

Together, you’ll research, innovate, and refine underwriting practices — always seeking opportunities to improve consistency, clarity, and business impact.

Lead & Support the Field

You’ll provide thoughtful leadership to operations underwriters by:

• Ensuring construction underwriting requirements are understood and appropriately applied
• Offering guidance on complex or unique construction opportunities
• Supporting consistent, strategic underwriting judgment worldwide

Contribute Beyond the Desk

Your impact extends beyond analysis:

• Conduct 2–3 operations underwriting audits per year
• Deliver underwriting training to teams across the company, emphasizing construction risk and best practices
• Support new product and coverage development for construction
• Continuously improve underwriting processes and systems

What You Bring

• Bachelor’s degree required
• 10+ years of property insurance underwriting and/or engineering experience, with a strong focus large, complex construction risks
• Demonstrated authority to underwrite high-value construction projects (builders risk, wrap-up, or similar)
• In-depth knowledge of construction project lifecycles, risk drivers, and mitigation strategies
• Strong analytical and problem-solving abilities; advanced Excel skills
• Broad knowledge of property insurance, underwriting techniques, and financial analysis
• Exceptional written and verbal communication skills — able to teach, persuade, and clearly communicate complex insight
• Professional designations such as CPCU, ARM, or CRIS are a plus

Why This Role Matters

This isn’t just another underwriting job. This is an opportunity to:

• Influence global construction underwriting strategy
• Build an international network of technical and underwriting leaders
• Help prepare FM for emerging risks and evolving construction industries
• Leave your stamp on the future of how we underwrite construction risks

If you’re a strategic thinker, a natural leader, and an expert in construction property underwriting, this is your next big step.

This role can be based in any FM office located in the United States or London.

The final salary offer will vary based on geographic location, individual education, skills, and experience. The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, generous health, and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances, and much more!  

FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce. 

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