At a Glance
- Tasks: Underwrite Surety business and develop a profitable portfolio while building broker relationships.
- Company: Join a growing specialist MGA with ambitious plans in a collaborative environment.
- Benefits: Competitive salary, hybrid working, and excellent long-term career progression.
- Other info: Proactive mindset and excellent communication skills are essential for success.
- Why this job: Gain autonomy to shape a Surety portfolio and make a real impact.
- Qualifications: Previous underwriting experience in the Surety market and strong London Market knowledge.
The predicted salary is between 60000 - 80000 £ per year.
Class Underwriter – Surety
Location
London (Hybrid)
Salary
Market Rate + Benefits
The Opportunity
We're working with a specialist MGA that is looking to appoint an experienced
Class Underwriter to join its growing team to focus on Surety risks.
This is an exciting opportunity for a Senior Underwriter looking to take ownership of a developing portfolio, working within a collaborative environment where you'll have the autonomy to influence strategy, strengthen broker relationships, and drive profitable growth.
You'll play a key role in developing the Surety book while maintaining a disciplined underwriting approach and delivering exceptional service to brokers and clients.
Key Responsibilities
- Underwrite Surety business.
- Develop and grow a profitable Surety portfolio in line with business objectives.
- Build, maintain and strengthen relationships with brokers and key trading partners.
- Identify new business opportunities and contribute to the expansion of the book.
- Analyse risks, pricing and coverage to ensure profitable underwriting decisions.
- Negotiate terms and conditions with brokers and clients.
- Monitor portfolio performance and recommend actions to improve profitability.
- Work closely with senior management to support the strategic development of the Surety offering.
- Maintain accurate underwriting records and ensure compliance with internal and regulatory requirements.
- Represent the business at broker meetings, market events and networking opportunities.
- Act as a point of referral for other staff members
- Help to grow the Surety team and manage staff
About You
We're looking for someone who has
- Previous underwriting experience within the Surety market.
- Must have strong London Market experience
- A strong understanding of Surety products, underwriting principles and market dynamics.
- Established broker relationships within the London insurance market would be advantageous.
- Excellent negotiation and relationship management skills.
- Strong analytical and decision-making abilities.
- A proactive and entrepreneurial mindset with a desire to help grow a successful portfolio.
- Excellent communication and stakeholder management skills.
- What's on Offer
- Competitive salary, negotiable depending on experience.
- Hybrid working based in London.
- The opportunity to join a growing specialist MGA with ambitious plans.
- Genuine autonomy to develop and shape a Surety portfolio.
- Excellent long-term career progression within a collaborative and entrepreneurial environment.
Class Underwriter - Surety in Slough employer: Nashrock Insurance Recruitment
Nashrock Insurance Recruitment is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a focus on employee growth, the company provides ample opportunities for progression within the insurance sector, particularly in the exciting MEA markets. Employees benefit from competitive salaries and the chance to engage with complex, high-profile risks, making it a rewarding place to build a meaningful career.
Contact Details:
Nashrock Insurance Recruitment Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Class Underwriter - Surety in Slough
✨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 Nashrock Insurance Recruitment). 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 Nashrock Insurance Recruitment. 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 Class Underwriter - Surety in Slough
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 Nashrock Insurance Recruitment.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Nashrock Insurance Recruitment. 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 Nashrock Insurance Recruitment
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Nashrock Insurance Recruitment 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 Nashrock Insurance Recruitment, 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 Nashrock Insurance Recruitment'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.
