Surety Underwriter

TN United Kingdom; Norwich; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading Insurance, Wealth, and Retirement business in the UK is seeking a Surety Underwriter. This role involves managing a portfolio, underwriting risks, and ensuring compliance with regulations. The ideal candidate will have strong underwriting expertise and a customer-focused approach. The company offers a competitive salary, generous benefits, and a commitment to diversity and flexible working arrangements.

Benefits

Competitive salary

Bonus opportunity—8% of annual salary

Generous pension scheme

29 days holiday plus bank holidays

Discounts on Aviva products

Free Aviva shares annually

Supportive policies

Flexible benefits

Paid volunteering days

Wellbeing support tools

Qualifications

• Experience in underwriting Surety risks, including new business and renewals.
• Understanding of UK regulations affecting Surety underwriting.

Responsibilities

• Manage and grow a profitable portfolio, underwriting risks.
• Collaborate with teams to resolve underwriting issues.

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, and identifying market trends and customer needs.

This is a great job for someone eager to excel in their career by working for the UK’s leading Insurance, Wealth, and Retirement business!

About the job:

As a Surety Underwriter, you will manage and grow a profitable portfolio, underwriting risks in line with regulatory requirements, internal controls, and legislation. You’ll work closely with brokers and customers, manage policies end-to-end, conduct audits, and support policy and procedure updates. Collaboration with other teams to resolve underwriting issues and ensure smooth operations is essential.

You will stay informed on industry trends and regulatory changes, contribute to projects and initiatives, and focus on delivering excellent customer outcomes.

Skills and experience required:

• Underwriting Expertise: Experience in underwriting Surety risks, including new business and renewals, with a focus on the UK market.
• Regulatory Knowledge: Understanding of UK regulations, controls, contracts, and legislation affecting Surety underwriting.
• Portfolio Management: Ability to manage a profitable Surety portfolio, including end-to-end policy management.
• Collaboration and Teamwork: Experience working with various teams to support Surety offerings and underwriting tasks.
• Customer Focus: Commitment to delivering positive customer outcomes and supporting their objectives.

What you’ll get:

Our purpose—"with you today, for a better tomorrow”—drives us to invest in our colleagues. Here’s what we offer:

• Competitive salary (dependent on location, skills, experience, and qualifications)
• Bonus opportunity—8% of annual salary, performance-dependent
• Generous pension scheme—up to 14% contribution from Aviva, depending on your contributions
• 29 days holiday plus bank holidays, with options to buy or sell up to 5 days
• Discounts—including up to 40% on Aviva products and other retailers
• Up to £1,200 of free Aviva shares annually through our Matching Share Plan and Save As You Earn scheme
• Supportive policies, including parental and carer’s leave
• Flexible benefits, such as cycle to work and sustainability options
• Opportunity to make a difference through our Aviva Communities and three paid volunteering days
• Focus on your wellbeing with various support tools

Learn more and explore your potential rewards by entering your salary into our calculator.

Inclusivity at Aviva:

We’re committed to diversity and welcome applications from all backgrounds and experiences. Even if you don’t meet every qualification, we encourage you to apply. We support flexible working arrangements, including part-time and job sharing, and adapt locations, hours, and patterns to suit our people and customers. Most of our staff work around 50% in our offices, blending flexibility with collaboration.