Senior Surety Underwriter

Nashrock Insurance Recruitment; Greater London; Hybrid; GBP 85,000 - 120,000; Full time

Benefits offered by this job

Hybrid work in London

Autonomy to shape portfolio

Career progression

Job summary

Nashrock Insurance Recruitment is seeking an experienced Surety Underwriter to join a specialist MGA, focusing on Surety risks in a Senior role. You will own a developing portfolio, influence strategy, strengthen broker relationships, and drive profitable growth from a collaborative base in London.

The role offers hybrid working in London, with autonomy to shape a Surety portfolio and clear opportunities for long‑term career progression within a growing, entrepreneurial environment.

Qualifications

• Experience underwriting in the Surety market.
• London Market experience is essential.
• Solid understanding of Surety products, underwriting principles and market dynamics.
• Established broker relationships in the London market are advantageous.
• Strong negotiation and relationship management skills.
• Excellent analytical and decision‑making abilities.
• Proactive entrepreneurial mindset with portfolio growth focus.
• Excellent communication and stakeholder management skills.

Responsibilities

• Underwrite Surety business.
• Develop and grow a profitable Surety portfolio aligned with business objectives.
• Build and strengthen broker and trading partner relationships.
• Identify new business opportunities and expand the book.
• Analyse risks, pricing and coverage to ensure profitable decisions.
• Negotiate terms with brokers and clients.
• Monitor portfolio performance and take profitability actions.
• Support strategic development of the Surety offering with senior management.
• Maintain underwriting records and comply with internal and regulatory requirements.
• Represent the business at broker meetings and market events.
• Act as a referral point for staff and contribute to growing the team.

Skills

Surety underwriting

Broker relationship management

Analytical decision‑making

Negotiation

Portfolio growth

Stakeholder management

Communication

Team leadership

Job description

We're working with a specialist MGA that is looking to appoint an experienced Surety 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.