At a Glance
- Tasks: Assess and manage risk while building strong relationships with brokers and customers.
- Company: Join Aviva, a market-leading insurer with a focus on growth and innovation.
- Benefits: Competitive salary, generous pension scheme, 29 days holiday, and flexible working options.
- Other info: Inclusive culture with opportunities for volunteering and personal development.
- Why this job: Make a real impact in a specialist area while developing your career.
- Qualifications: Experience in Surety underwriting and strong relationship-building skills.
The predicted salary is between 49500 - 60500 £ per year.
This is a great job for someone who has experience underwriting Surety business and enjoys building strong broker and customer relationships. You might already be an established Surety Underwriter looking for your next challenge, or have relevant experience in a specialty underwriting environment and be ready to develop your expertise in a growing market.
A bit about the job:
Our Surety team helps businesses secure the guarantees they need to win contracts, deliver projects and grow with confidence. As a Surety Underwriter, you'll assess and manage risk while building trusted relationships with brokers and customers across the UK market. You'll be responsible for underwriting new and existing business, maintaining portfolio performance and delivering positive customer outcomes. Working closely with colleagues across underwriting, operations and risk, you'll help support the continued growth of Aviva's Surety proposition. This is an opportunity to make a real impact in a specialist area while developing your career with a market-leading insurer.
Skills and experience we're looking for:
- Experience underwriting Surety business, including both new business and renewals.
- Strong understanding of UK regulatory requirements, contracts and legislation relevant to Surety underwriting.
- Ability to manage and grow a profitable portfolio while making sound underwriting decisions.
- Strong relationship-building skills, with experience working closely with brokers, customers and internal stakeholders.
- Experience balancing commercial opportunities with a focus on delivering good customer outcomes.
What you’ll get for this role:
- Competitive starting salary (depending on skills, experience, and qualifications).
- Competitive bonus opportunity - actual amount depends on your performance and Aviva’s.
- Generous pension scheme e.g. if you put in 8%, Aviva adds 14%.
- 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days.
- Aviva-funded Private Medical Benefit to help you get expert support when you need it.
- Up to 40% discount on Aviva products, and other retailer discounts.
- Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme.
- Brilliantly supportive policies including parental and carer’s leave.
- Flexible benefits to suit you, including sustainability options such as cycle to work.
- Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others.
- We take your wellbeing seriously with lots of support and tools.
Aviva is for everyone: We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares. We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending at least 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.
Surety Underwriter in London employer: Aviva Group
Aviva Group provides a supportive work culture that emphasizes professional development and innovation. Employees have the chance to work on impactful projects that drive the company's digital ambitions and AI strategy. The hybrid working model allows for flexibility and a balanced approach to work.
StudySmarter Expert Advice🤫
We think this is how you could land Surety Underwriter in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Aviva Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Aviva Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Surety Underwriter in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Aviva Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Aviva Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Aviva Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Aviva Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Aviva Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Aviva Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
