At a Glance
- Tasks: Underwrite and manage complex surety risks while collaborating with brokers and clients.
- Company: Join Aviva, a leading insurance company with a focus on inclusivity and support.
- Benefits: Competitive salary, generous pension, 29 days holiday, and flexible working options.
- Other info: Be part of a supportive culture that values wellbeing and community involvement.
- Why this job: Shape solutions for major clients and make impactful decisions in a dynamic environment.
- Qualifications: Experience in underwriting surety or similar risks, with strong judgement and relationship-building skills.
The predicted salary is between 60000 - 75000 £ per year.
Salary: Competitive (depending on skills, experience, and qualifications)
Location: London (hybrid, 50% in office)
This is a great job for someone who enjoys working on large, complex risks and partnering closely with brokers and clients. You’ll bring strong judgement and want to shape solutions across UK and European markets.
A bit about the job:
You’ll join our Surety team within Financial Lines, supporting major UK and international clients with complex credit risks. We provide tailored surety solutions that help our customers grow while protecting Aviva’s position. In this role, you’ll lead on high-value cases and make key underwriting decisions. You’ll work closely with brokers, clients and colleagues to structure bespoke solutions. Your work will play an important part in driving portfolio performance and underwriting strategy.
What you’ll be doing:
- You’ll underwrite and manage a portfolio of large and complex surety risks, making decisions within appetite and delegated authority.
- This includes assessing European and cross-border credit risks, reviewing financial and legal structures, and applying strong judgement to high-value cases.
- You’ll build strong relationships with brokers, clients and internal stakeholders, structuring solutions that meet client needs while managing risk.
- You’ll also support colleagues as a technical referral point and contribute to the ongoing performance and development of the Surety portfolio.
Skills and experience we’re looking for:
- Proven experience underwriting surety or similar Financial Lines risks, including complex cases.
- Strong understanding of financial analysis and credit risk assessment.
- Confident decision-making within delegated authority, with good judgement.
- Strong relationship-building skills with brokers and internal stakeholders.
- Experience working with European or cross-border risks is helpful but not essential.
What you’ll get for this role:
- Competitive salary (depending on location, skills, experience, and qualifications).
- Bonus opportunity - Actual amount depends on your performance and Aviva's.
- Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
- 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.
- Make your money go further - 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 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.
Senior Surety Underwriter in London employer: Aviva plc
Aviva is an exceptional employer, offering a dynamic work environment in London where you can thrive as a Senior Surety Underwriter. With a strong focus on employee wellbeing, generous benefits including a competitive salary, extensive holiday allowance, and a robust pension scheme, Aviva fosters a culture of inclusivity and support. The opportunity for professional growth is enhanced by the chance to work on complex risks and collaborate closely with clients and brokers, making a meaningful impact in the financial lines sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Surety Underwriter in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Aviva plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Surety Underwriter in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Aviva plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Aviva plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Aviva plc
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Aviva plc.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Aviva plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Aviva plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
