Senior Underwriter - Remote in London

This role is available on a part-time, job-share or full-time basis. Salary: Competitive salary plus an excellent benefits package! Location: London - hybrid working with at least 3 days in our Mark Lane office.

Are you an experienced underwriter in UK Contract and Commercial Surety, ready to take the next step? Or perhaps a senior underwriter with extensive experience looking to bring your expertise to play a pivotal role in driving the success of our Surety business at the heart of the London Market? Joining our Commercial Insurance business in London, you’ll be a key member of our Surety Underwriting team, helping to grow our portfolio by delivering exceptional service and underwriting expertise to brokers and customers.

As a Senior Surety Underwriter, you’ll take on significant responsibility for underwriting complex contract and commercial Surety risks, ensuring every decision aligns with our strategies, guidelines, authorities, and pricing frameworks. Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.

The facility and bond underwriting within individual underwriting authority and for providing recommendations for approval by credit committee for facilities and bonds outside of individual underwriting authority. Participation on credit committees with authority alongside other credit committee members to approve larger facilities and bonds underwritten by Zurich’s UK Surety team.

Negotiate bond wordings, indemnities and other recourse documents for new and existing facilities including negotiations with external solicitors and clients. Develop a pipeline of facility and bond enquiries through client, internal Zurich relationships, cross selling and broker relationships.

• Proven experience in underwriting UK Contract and Commercial Surety business
• Strong financial analysis skills, with the ability to review and interpret financial statements to assess the creditworthiness of Surety clients
• Solid understanding of indemnity structures and how they apply in practice
• Collaborative approach and a strong team player
• In-depth knowledge of Surety bond wordings and associated documentation
• Ideally, a well-established network of contacts within the UK Surety market

What will you get in return? Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

Who we are: With over 65,000 employees, you’ll feel the support of being part of a strong and stable company that is a long-standing player in the insurance industry. We’ve made a promise to each other and every employee: to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future. At Zurich, our strength comes from the diverse experiences, perspectives and talents of our people.

We’re proud to have received numerous industry awards recognising our diversity and inclusion policies and initiatives. We’ve created an environment that places real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We actively support our employees to give back to their communities through volunteering and charitable activity.

We’re committed to treating all applicants fairly and with respect, irrespective of their actual or assumed background, sexual orientation, disability or any other protected characteristic.