Underwriter - Surety

NACBA; Greater London; Hybrid; GBP 60,000 - 95,000; Full time

Job summary

NACBA in London is seeking a Surety Underwriter to join our client’s London team, focusing on underwriting large, complex corporate surety risks across sectors such as construction, infrastructure, manufacturing, defence, renewables, oil & gas, shipbuilding and mining.

Candidates with banking backgrounds—project finance, leveraged finance, corporate credit, loan origination/syndications or structured finance—are of particular interest.

Qualifications

• Underwriting large, complex corporate surety risks across multiple sectors.
• Candidates from banking backgrounds (project finance, leveraged finance, corporate credit, loan origination/syndications, structured finance) are preferred.
• Previous surety or insurance experience is not required.

Responsibilities

• Underwrite large corporate surety risks for a global portfolio.
• Conduct financial analysis and credit assessments to support decisions.
• Engage with clients and internal stakeholders to structure and negotiate terms.
• Work with a small experienced team to grow capability in a global market.

Skills

Financial analysis

Credit assessment

Client interaction

International business

Job description

Eames are working with a leading global insurer who are looking to hire a Surety Underwriter into their London team.

The role is focused on underwriting large, complex corporate surety risks across a broad range of sectors including construction, infrastructure, manufacturing, defence, renewables, oil & gas, shipbuilding and mining.

They are particularly interested in candidates from banking backgrounds, including project finance, leveraged finance, corporate credit, loan origination / syndications or structured finance. Previous surety or insurance experience is not required.

The role offers strong exposure to financial analysis, credit assessment, client interaction and international business, with the opportunity to develop within a small, experienced team writing sizeable risks across a global portfolio.