Senior Surety Underwriter

Senior Surety Underwriter

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the management and growth of Surety business across the UK and Europe.
  • Company: Join a dynamic insurance company focused on innovative surety solutions.
  • Benefits: Enjoy a flexible work environment with opportunities for travel and professional development.
  • Why this job: Be part of a diverse team shaping the future of surety underwriting with impactful strategies.
  • Qualifications: Experience in Surety/Trade Credit underwriting and strong analytical skills required.
  • Other info: Knowledge of Italian, German, or Spanish is a plus; inclusivity is at our core.

The predicted salary is between 48000 - 72000 £ per year.

An excellent opportunity to join a growing insurance company to manage an existing book of delegated authority book of Surety business and help build out the surety underwriting strategy with the CUO. You will take a leading role in the business development of surety business both in the UK and Europe. There will be travel as required to meet with the MGA partners however this will be limited.

Responsibilities will include:

  • Achieving profitable growth in line with the company's objectives
  • Account management of bound programs
  • Providing insight into the coverage offered to underlying policyholders
  • Conducting audits of the live programs
  • Liaising with the Actuarial department regarding performance tracking
  • Monitoring pricing
  • Interacting regularly with MGA's under management and new opportunities
  • Approving new products and schemes

You will have experience of underwriting Surety/Trade Credit business in the insurance industry and good knowledge of different surety products. Also strong process analysis, problem solving and creative thinking skills. Knowledge of one or more of the following languages would be ideal: Italian, German and Spanish.

Our client is committed to diversity in all of its forms and operates an inclusive recruitment process.

Senior Surety Underwriter employer: Insight Recruitment Solutions Limited

Join a dynamic and inclusive insurance company that values diversity and fosters a collaborative work culture, making it an excellent employer for a Senior Surety Underwriter. With a focus on employee growth and development, you will have the opportunity to shape the surety underwriting strategy while managing a diverse portfolio across the UK and Europe. Enjoy competitive benefits, a supportive environment, and the chance to engage with MGA partners, all while contributing to the company's objectives and driving profitable growth.
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Contact Detail:

Insight Recruitment Solutions Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Surety Underwriter

✨Tip Number 1

Network with professionals in the insurance industry, especially those involved in surety underwriting. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in the field.

✨Tip Number 2

Familiarise yourself with the specific surety products offered by various companies. This knowledge will not only help you understand the market better but also demonstrate your expertise during interviews.

✨Tip Number 3

Consider brushing up on your language skills, particularly in Italian, German, or Spanish. Being multilingual can set you apart from other candidates and is a valuable asset in the European market.

✨Tip Number 4

Stay updated on regulatory changes and market conditions affecting the surety business. This knowledge will be crucial in discussions with MGA partners and will showcase your commitment to the role.

We think you need these skills to ace Senior Surety Underwriter

Surety Underwriting Expertise
Trade Credit Knowledge
Business Development Skills
Account Management
Process Analysis
Problem-Solving Skills
Creative Thinking
Performance Tracking
Pricing Strategy
Audit Conducting
Strong Communication Skills
Relationship Management with MGAs
Product Development
Fluency in Italian, German, or Spanish

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in underwriting Surety/Trade Credit business. Include specific examples of how you've achieved profitable growth and managed accounts, as these are key responsibilities for the role.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Discuss your understanding of the surety underwriting strategy and how your skills align with the company's objectives. Mention any relevant language skills, especially if you speak Italian, German, or Spanish.

Showcase Problem-Solving Skills: Provide examples in your application that demonstrate your strong process analysis and problem-solving abilities. This could include specific challenges you've faced in previous roles and how you overcame them.

Highlight Business Development Experience: Since the role involves business development, make sure to detail any past experiences where you've successfully developed new business opportunities or worked closely with MGA partners. This will show your capability to contribute to the company's growth.

How to prepare for a job interview at Insight Recruitment Solutions Limited

✨Showcase Your Underwriting Experience

Make sure to highlight your previous experience in underwriting Surety or Trade Credit business. Be prepared to discuss specific cases where you successfully managed risk and achieved profitable growth.

✨Demonstrate Business Development Skills

Since the role involves business development, come equipped with examples of how you've previously identified and pursued new opportunities. Discuss any strategies you've implemented that led to successful partnerships or growth.

✨Prepare for Technical Questions

Expect questions about different surety products and their applications. Brush up on your technical knowledge and be ready to explain how you would approach underwriting decisions based on various scenarios.

✨Cultural Fit and Language Skills

Given the company's commitment to diversity, be prepared to discuss how your background and experiences align with their values. If you speak Italian, German, or Spanish, mention this as it could set you apart from other candidates.

Senior Surety Underwriter
Insight Recruitment Solutions Limited
I
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