Commercial Underwriter, UK & Europe

Bondaval

Greater London

On-site

GBP 75,000 - 110,000

Full time

2 days ago
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Job summary

Bondaval in London (UK) is seeking a Commercial Underwriter for UK & Europe to develop and enhance broker relationships, support renewals, and grow the client portfolio in a fast‑growing insurtech. You will collaborate with product and tech teams to improve broker and client experience, manage pricing discussions, and help reach annual premium targets while serving existing clients and the broking network.

You will work in a dynamic environment with opportunities across Europe and contribute to

Qualifications

  • 5+ years of experience in trade credit underwriting.
  • Deep knowledge of trade credit products (Excess of Loss, Ground up, Named Buyer).
  • Existing trade credit broker network.
  • Unwavering work ethic; comfortable in a high-growth business.
  • Strong organisational, analytical and presentational skills.

Responsibilities

  • Assist and lead broker-driven commercial efforts across UK & Europe.
  • Support Bondaval with forging strong relationships with brokers and clients on renewals and new business opportunities.
  • Partner with our internal product and technology team to further enhance the experience for our brokers and clients.
  • Manage pricing discussions and deal negotiations, while building out a client portfolio.
  • Deliver broker meetings across the UK & Europe and pitch Bondaval’s offering for new business opportunities.
  • Gather local European intelligence to help identify regions to grow Bondaval’s footprint.

Skills

Trade credit underwriting
Broker relationships
Analytical skills
Presentation skills

Job description

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.
Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counterparty and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

  • Named as the #1 fastest-growinginsurtechand #19 fastest-growing startup in the Sifted 100 forUK & Ireland

  • #4 fastest growing software business in the UK ( The Sunday Times 100 Tech )

  • We’ve raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

About Us

Bondaval is building the decision layer for B2B financial risk, and we intend to shape how the next generation of it is managed.
Every company that sells on credit is taking risk on whether it will get paid. We help them manage that risk with confidence. Our platform combines proprietary technology, specialist underwriting and rated insurance capacity, so businesses can price, monitor and protect their credit, counterparty and payment risk in one place. Trade credit insurance and non-payment guarantees all run on it.

  • Named as the #1 fastest-growinginsurtechand #19 fastest-growing startup in the Sifted 100 forUK & Ireland

  • #4 fastest growing software business in the UK ( The Sunday Times 100 Tech )

  • We’ve raised ~$35m of capital to accelerate our growth, backed by leading European and American VCs, including Dawn Capital and Octopus Ventures

About the Role

We are hiring a Commercial Underwriter, UK & Europe to develop and enhance broker relationships.

Following the exponential growth across the business over the last 12 months, we are seeking an underwriter to keep pace with enquiries while also capturing the wider opportunities within Europe.

The successful candidate will contribute premium income towards the annual targets and be a reliable team member for our existing clients and broking network

Key Responsibilities
  • Assist and lead broker-driven commercial efforts across UK & Europe.
  • Support Bondaval with forging strong relationships with brokers and clients on renewals and new business opportunities.
  • Partner with our internal product and technology team to further enhance the experience for our brokers and clients.
  • Manage pricing discussions and deal negotiations, while building out a client portfolio.
  • Deliver broker meetings across the UK & Europe and pitch Bondaval’s offering for new business opportunities.
  • Gather local European intelligence to help identify regions to grow Bondaval’s footprint.


About You

Required:

  • 5+ years’ experience in trade credit, ideally within underwriting.
  • Strong understanding of trade credit products (Excess of Loss, Ground up, Named Buyer).
  • Existing trade credit broker network.
  • Unwavering work ethic; being comfortable in a high-growth business.
  • Strong organisational, analytical and presentational skills.


Nice to have:

  • Experience with underwriting financial institution portfolios, structured credit products.
  • Risk underwriting experience.


Compensation, Perks & Benefits
  • Competitive base salary and performance bonus
  • 25 days’ holiday
  • Private healthcare
  • Private pension
  • Learning anddevelopment budget
  • A volunteer-run Culture Club, regular all-team weeks, hackathons, offsites and townhalls.
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