Class Underwriter - Surety

Nashrock Insurance Recruitment; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Hybrid working in London

Autonomy to shape portfolio

Strong career progression

Job summary

Nashrock Insurance Recruitment is seeking an experienced Class Underwriter to lead the Surety book from London, with autonomy to shape strategy and strengthen broker relations. The role focuses on profitable growth within a specialist MGA, offering exposure to market leaders and evolving underwriting practices.

The Senior Underwriter will own risk assessment, pricing, and terms, while mentoring colleagues and representing the business at broker events.

Qualifications

• Experience underwriting Surety risks.
• Strong London Market experience is required.
• Established broker relationships in the London market are advantageous.
• Excellent negotiation and stakeholder management skills.
• Strong analytical and decision-making abilities.
• Proactive and entrepreneurial mindset with portfolio growth focus.
• Excellent communication and relationship management skills.

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

Skills

Surety underwriting

London Market experience

Broker relationship management

Negotiation

Analytical thinking

Entrepreneurial mindset

Communication

Job description

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

• 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.