At a Glance
- Tasks: Conduct risk assessments and manage client portfolios while engaging with corporates and brokers.
- Company: Join Swiss Re, a leading global group in the surety industry.
- Benefits: Competitive salary, performance bonuses, hybrid work model, and diverse global benefits.
- Other info: Collaborative culture with opportunities for growth and learning.
- Why this job: Make an impact in a dynamic environment while developing your surety career.
- Qualifications: 3+ years in finance or insurance, strong analytical skills, and client engagement experience.
The predicted salary is between 63000 - 95000 £ per year.
Location: London, GB
As an Underwriter Surety based in London, you will be an integral part of our growing Surety Europe team, connecting analytical insight with hands‐on client management. You will work closely with corporates and brokers across the UK, Ireland and internationally, balancing risk underwriting with client‐facing responsibilities. This role offers a platform to develop your surety career within one of the world's leading groups.
Key Responsibilities
- Conduct comprehensive risk assessments for new and existing clients, ensuring alignment with Swiss Re's risk appetite while maintaining the highest standards of client satisfaction.
- Manage your own client portfolio and transactions, identifying and developing new business opportunities across the UK, Ireland and broader Europe.
- Analyse and evaluate credit and transactional risks in collaboration with internal stakeholders, applying rigorous financial and legal due diligence.
- Approve transactions within your own authority levels and prepare structured submissions for relevant committees.
- Build and nurture strong client and broker relationships through regular, proactive engagement and meaningful face‐to‐face interactions.
- Conduct market analysis to identify changes in the underwriting, market and legal landscape, assessing their risk implications and adapting strategies accordingly.
- Collaborate with and support colleagues across the wider European Surety team, contributing to a culture of shared knowledge and continuous improvement.
About You
You thrive in an international, team‐oriented environment and enjoy combining analytical thinking with client engagement. You are a proactive communicator who builds trust with clients and business partners naturally, and you bring a solutions‐focused mindset to every challenge. You are comfortable working both independently and collaboratively, and you are eager to contribute to the continued growth of a market‐leading surety business.
Requirements
- Minimum 3 years of relevant professional experience, preferably within a bank, surety insurer or financial institution with exposure to credit and guarantee products.
- Strong understanding of credit risks and financial markets, particularly in relation to debt financing, capital market instruments and surety/guarantee structures.
- Proven analytical and decision‐making skills, with the ability to assess complex credit and transactional risks and translate findings into clear, structured recommendations.
- Confident communication and interpersonal skills, with demonstrated experience engaging with clients, brokers and internal stakeholders at a professional level.
- Proficiency in English (written and verbal) is essential; additional European language skills are a strong advantage.
Nice to Haves
- Experience working with multinational corporations or in a cross‐border European surety/credit context.
- Familiarity with legal due diligence processes related to surety or guarantee transactions.
- Entrepreneurial mindset with a strong focus on identifying and originating new business opportunities.
- Experience using data and market intelligence tools to monitor portfolio performance and market trends.
- A university degree or equivalent qualification in finance, economics, law or a related discipline.
Work Arrangement
We have a hybrid work model and expect you to be in the office at least three days per week.
Compensation and Benefits
For London, the annual base salary range for this position is between GBP 63,000 and GBP 95,000 for a full‐time role. The specific salary offered considers the requirements, scope, complexity and responsibilities of the role, as well as the applicant's profile, including education, expertise, specialisation, skills and experience. In addition to your base salary, Swiss Re offers an attractive performance‐based variable compensation component designed to recognise your achievements. You will also enjoy a variety of global and location‐specific benefits, eligibility of which may vary depending on the terms of Swiss Re policies and your employment contract.
Equal Opportunity Statement
Swiss Re Corporate Solutions embraces an inclusive and flexible environment where everyone can bring their authentic selves to work. We provide equal opportunities regardless of age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics.
Underwriter Surety (Hybrid work) in London employer: NACBA
Swiss Re is an exceptional employer, offering a dynamic and inclusive work environment in London that fosters professional growth and development. As an Underwriter Surety, you will benefit from a hybrid work model, competitive compensation, and a culture that values collaboration and innovation, allowing you to thrive while building meaningful relationships with clients and colleagues alike.
StudySmarter Expert Advice🤫
We think this is how you could land Underwriter Surety (Hybrid work) 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.
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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.
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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 NACBA. 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 Underwriter Surety (Hybrid work) 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 NACBA.
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 NACBA'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 NACBA
✨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 NACBA.
✨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 NACBA 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 NACBA 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.
