Engineering & Construction Underwriter - Graduate

Launch your career with impact! 

We’re looking for curious, motivated graduates with strong people skills who want to grow, learn, and make a difference. If you hold a Bachelor’s, Master’s, or PhD and have up to three years of professional experience, apply to our 18-month Graduate Programme starting 1 September 2026. 

You’ll gain hands-on experience in the fast-paced world of reinsurance, rotate into a different team, and receive tailored training to build your expertise. This is your chance to shape your future – and help protect societies from the world’s most complex risks. 

About the Role 

You will be supporting the Engineering & Construction (E&C) Underwriting team in Spain. As one of the main Spanish insurers in the construction and renewable sector, our E&C team analyzes major risks and provides insurance terms for very challenging and diverse construction projects in these industries. 

Given the international nature and the relevance of the Spanish multinationals in these sectors worldwide (Acciona, Ferrovial, ACS, Iberdrola etc) , you will have the opportunity to thrive in an international and dynamic environment exploring into a very wide of projects and working with Ibex listed companies and their insurance brokers.  

Underwriting this kind of large projects is usually a long process based on: technical engineering analysis, usage of a number of Swiss Re's systems to help you assess the risk – very much data driven – and very long negotiations with the various stakeholders: clients, brokers, lenders and also internal colleagues.  

You will be helping along the full process. Depending on the strength of the specific skills you will bring to the team, we will ask you to focus more on one or another tasks.  

About the Team 

We are a specialized team in Spain with diverse backgrounds and expertise, complementing each other. Most of us have some kind of international experience but local experience is also important; most of us are engineers by background but non engineering background also provides a different perspective; most of us have insurance experience but "engineering site/project" experience is also very valuable. What we value most is our teamwork & collaborative mindset.   

About You 

We are looking for a motivated candidate who is eager to learn and interested in broadening their career in the financial sector. 

Essentials:

• Successfully completed university degree (Bachelor, Master, or PhD) in Engineering (more specifically, Spanish "Ingeniería de Caminos o Industrial") with up to 3 years of professional experience 

• Strong analytical and problem-solving skills with the ability to interpret complex data 

• Excellent communication skills and confidence to work with clients, brokers, and senior colleagues 

• Ability to work both independently and collaboratively with a positive attitude 

• Excellent oral and written English skills 

These are additional nice to haves: 

• Financial MBA / Masters 

• High degree of initiative, accountability, and fast learning ability 

• Any additional languages skills 

The base salary range for this position will be shared with you during the interview process.  

The application process is open for at least 4 weeks and if you do not hear from us within this time frame, it does not mean your application is ignored. We will get back to you latest by mid-November. 

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