Surety Underwriter

Aviva plc; London, Norwich; On-site; GBP 55,000 - 75,000; Full time

Job summary

Aviva, a leader in the Insurance and Financial Services industry, is seeking a Surety Underwriter to join their dynamic team in London. The role involves managing a profitable portfolio, underwriting risks in line with regulatory requirements, and ensuring strong collaboration with brokers and customers. This opportunity is ideal for candidates looking to enhance their career in a supportive environment focused on excellence and continuous improvement.

Benefits

Competitive salary based on location and skills

Bonus opportunity up to 8% of annual salary

Generous pension scheme

29 days holiday plus bank holidays

Up to 40% discount on Aviva products

Up to £1,200 of free Aviva shares per year

Supportive policies including parental leave

Flexible benefits

3 paid volunteering days

Wellbeing support and tools

Qualifications

• Experience in underwriting Surety risks, including new business and renewals.
• Understanding of UK industry regulations and relevant legislation.
• Ability to manage a profitable portfolio of Surety business.

Responsibilities

• Manage a portfolio of business and underwrite risks.
• Liaise with brokers and customers to manage policies end-to-end.
• Contribute to continuous improvement projects and initiatives.

Skills

Underwriting Expertise

Regulatory Knowledge

Portfolio Management

Collaboration and Teamwork

Customer Focus

Job description

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We have a fantastic opportunity for a Surety Underwriter to join our supportive and productive team. You will be responsible for managing a portfolio of business, underwriting risks whilst identifying market trends and customer needs.

This is a great job for someone who is keen to excel within their career by working for the UKs leading Insurance, Wealth and Retirement business!

A bit about the job:

As a Surety Underwriter, you will be responsible for managing and growing a profitable portfolio of business, underwriting risks in line with regulatory requirements, internal controls, and relevant legislation. You’ll work closely with brokers and customers to manage policies end-to-end, conduct audits and process reviews, and support the implementation of changes to team policies and procedures. Collaboration is key, and you’ll liaise with other teams to resolve underwriting issues and ensure smooth operations.

In this role, you’ll stay informed on industry trends and regulatory developments You’ll also contribute to various projects and initiatives, helping to drive continuous improvement. A strong focus on customer outcomes is essential.

Skills and experience we’re looking for:

• Underwriting Expertise: Experience in underwriting Surety risks, including both new business and renewals, with a focus on the UK market
• Regulatory Knowledge: Understanding of UK industry regulations, controls, contracts, and relevant legislation affecting Surety underwriting
• Portfolio Management: Ability to manage a profitable portfolio of Surety business, including end-to-end policy management
• Collaboration and Teamwork: Experience working with various teams to support the Surety offering and assist in day-to-day underwriting tasks
• Customer Focus: Commitment to delivering good customer outcomes, ensuring actions are in good faith, and supporting customers' objectives

What you’ll get for this role:

Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too. And one of the ways we live up to that promise is by investing in you. We have so much to offer when it comes to being an Aviva colleague.

• Competitive salary (depending on location, skills, experience, and qualifications)
• Bonus opportunity - 8% of annual salary Actual amount depends on your performance and Aviva’s.
• Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.
• 29 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days
• Make your money go further - Up to 40% discount on Aviva products, and other retailer discounts
• Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme
• Brilliantly supportive policies including parental and carer’s leave
• Flexible benefits to suit you, including sustainability options such as cycle to work
• Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others
• We take your wellbeing seriously with lots of support and tools

Take a look to learn more. Put a salary into this calculator to see what your total Aviva Reward could be.

Aviva is for everyone:

We’re inclusive and welcome everyone – we want applications from all backgrounds and experiences. Excited but not sure you tick every box? Even if you don’t, we would still encourage you to apply. We also consider all forms of flexible working, including part time and job shares.

We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working – spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.

To find out more about working at Aviva take a look here

We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Tawana Chin a call on 07789 624461 or send an email to [e-mail].

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Other

• Industries

  Insurance and Financial Services

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