Class Underwriter - Surety

Nashrock Insurance Recruitment; Greater London; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

Nashrock Insurance Recruitment partners with a specialist Managing General Agent to appoint an experienced Class Underwriter focused on Surety risks in London. This Senior role offers ownership of a developing portfolio, the autonomy to shape strategy, strengthen broker relationships, and drive profitable growth within a collaborative environment.

You will underwrite Surety business, analyse risks and pricing, negotiate terms, and monitor portfolio performance.

Qualifications

• Experience underwriting in the Surety market.
• Strong London Market experience.
• Understanding of Surety products and underwriting principles.
• Established broker relationships in London market advantageous.
• Excellent negotiation and stakeholder management.
• Analytical and decisive decision‑making.
• Entrepreneurial mindset with portfolio growth focus.
• Excellent communication 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

Relationship management

Analytical thinking

Negotiation skills

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.