At a Glance
- Tasks: Underwrite surety risks and build strong relationships with brokers and clients.
- Company: Join Atradius, a global leader in trade credit insurance and surety services.
- Benefits: Enjoy competitive salary, flexible benefits, and continuous professional development.
- Why this job: Make an impact in a dynamic environment while developing your skills.
- Qualifications: Strong knowledge of surety products and excellent analytical skills required.
- Other info: Collaborative culture focused on personal growth and teamwork.
The predicted salary is between 36000 - 60000 £ per year.
The Surety Underwriter is responsible for underwriting a portfolio of surety risks, developing broker and client relationships, and contributing to the strategic growth of our UK surety business.
Responsibilities
- Evaluate and underwrite new and renewal surety bond submissions in line with company guidelines and risk appetite.
- Conduct detailed financial and credit analysis of applicants, including corporate financial statements and industry trends.
- Structure and price surety bond programs to ensure profitability and compliance with internal standards.
- Build and maintain strong relationships with brokers, clients, and other stakeholders.
- Identify and underwrite new business opportunities.
- Represent the company at industry events, conferences, and client meetings.
- Manage and monitor a diverse portfolio of surety risks, ensuring balanced growth and profitability.
- Maintain accurate underwriting documentation and ensure compliance with regulatory and internal audit requirements.
- Resolve outstanding underwriting and claim matters promptly to mitigate risks.
- Provide structured management reporting and accurate system data entries in a timely manner.
- Mentor and support junior underwriters and contribute to team development.
- Collaborate with legal, claims, administrative and finance teams.
Qualifications
- Strong knowledge of surety products, including contract and commercial bonds.
- Excellent analytical and decision-making skills.
- Strong negotiation and communication abilities.
- Proven ability to assess complex financial and operational risks.
- High level of integrity and professionalism.
- Ability to work independently and as part of a collaborative team.
The Atradius Group provides trade credit insurance, surety and collections services worldwide, and has a presence through 160 offices in 52 countries. The products offered by Atradius protect companies around the world against the default risks associated with selling goods and services on credit.
At Atradius, we believe in personal development and the Growth Mindset. Our Culture is based on teamwork, reliable accountability, constantly improving and unrivalled service.
What do we offer?
- A dynamic, international and challenging work environment.
- Training and support to reach your full potential including the opportunity for continuous professional development.
- Attractive terms and conditions, including competitive salary, pension package and a range of flexible benefits and rewards.
- Challenging tasks with individual development and training opportunities.
Surety Underwriter in City of Westminster employer: Atradius N.V.
Contact Detail:
Atradius N.V. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Surety Underwriter in City of Westminster
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, conferences, and meet-ups to build relationships with brokers and clients. Remember, it’s all about who you know, so don’t be shy!
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical and decision-making skills. Share examples of how you've successfully assessed risks or structured profitable bond programs in the past.
✨Follow Up
After any meeting or networking event, drop a quick follow-up email to thank them for their time. This keeps you on their radar and shows your professionalism. Plus, it’s a great way to remind them of your interest in the role!
✨Apply Through Our Website
Don’t forget to check out our careers page and apply directly through our website. It’s the best way to ensure your application gets noticed, and we love seeing candidates who are proactive about joining our team!
We think you need these skills to ace Surety Underwriter in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Surety Underwriter role. Highlight your experience with underwriting, financial analysis, and relationship building. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about surety underwriting and how you can contribute to our team. Keep it engaging and relevant to the job description.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, make sure to include examples of how you've successfully assessed risks or made data-driven decisions in your previous roles. We love seeing those skills in action!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Atradius!
How to prepare for a job interview at Atradius N.V.
✨Know Your Surety Products
Make sure you brush up on your knowledge of surety products, especially contract and commercial bonds. Being able to discuss these in detail will show that you're not just familiar with the basics but can also handle complex underwriting scenarios.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past experiences where you've conducted financial and credit analysis. Bring examples of how you've assessed risks and made decisions based on corporate financial statements and industry trends.
✨Build Rapport with Brokers
Since building relationships is key, think about how you can connect with brokers and clients during the interview. Share any relevant experiences where you've successfully developed strong professional relationships and how that contributed to business growth.
✨Emphasise Team Collaboration
Highlight your ability to work both independently and as part of a team. Discuss instances where you've collaborated with other departments, like legal or finance, to resolve underwriting issues or improve processes, showcasing your teamwork skills.