Senior Surety Underwriter — London Hybrid Role

Zurich Insurance Company Ltd; Greater London; Hybrid; GBP 80,000 - GBP 100,000; Part time

Job summary

A leading insurance provider is seeking a Senior Surety Underwriter in London to drive the growth of its Surety business. The role involves underwriting complex Surety risks, negotiating bond terms, and participating in credit committee approvals. Ideal candidates will have proven underwriting experience and strong financial analysis skills. This position offers a competitive salary and hybrid working options, allowing flexibility for part-time or job-share arrangements.

Benefits

12% non-contributory pension scheme

Annual company bonus

Private medical insurance

Up to 28 days holiday plus bank holidays

Three days paid volunteering

Qualifications

• Proven experience in underwriting UK Contract and Commercial Surety business.
• Strong financial analysis skills to assess the creditworthiness of Surety clients.
• Solid understanding of indemnity structures and their practical applications.
• Collaborative approach and ability to work as a team player.
• In-depth knowledge of Surety bond wordings and associated documentation.

Responsibilities

• Underwrite complex contract and commercial Surety risks.
• Negotiate bond wordings and indemnities with clients.
• Develop a pipeline of facility and bond enquiries.
• Participate in credit committees for larger facilities.

Skills

Underwriting UK Contract and Commercial Surety

Financial analysis skills

Understanding of indemnity structures

Collaborative approach

Knowledge of Surety bond wordings

Established network in UK Surety market

Job description

A leading insurance provider is seeking a Senior Surety Underwriter in London to drive the growth of its Surety business. The role involves underwriting complex Surety risks, negotiating bond terms, and participating in credit committee approvals. Ideal candidates will have proven underwriting experience and strong financial analysis skills. This position offers a competitive salary and hybrid working options, allowing flexibility for part-time or job-share arrangements.