Senior Surety Underwriter
Insight Recruitment Solutions Limited
London
Full-time
GBP 130,000 – 140,000
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Our client seeks a Surety Underwriter to join a fast-growing technology-enabled specialty carrier in a senior role with real strategic influence. What makes this stand out is the pace and scope - a start-up culture within an A-rated carrier, where you will have the autonomy to shape how the underwriting function operates rather than simply executing within an established framework. You will have a track record of building constructive, long-term relationships with multiple stakeholders and experience of implementing efficient underwriting processes.
Key responsibilities will include:
- Leading development and execution of underwriting evaluation processes and due diligence to achieve industry-leading underwriting returns and return on equity
- Overseeing successful onboarding of approved programs, including contracting, systems, financing, communications, and policy issuance
- Provide technical underwriting expertise in evaluating complex risks, developing underwriting guidelines, and assessing appropriate pricing and coverage terms
- Driving continuous process improvement initiatives for DUAEs' underwriting workflows, forms usage, pricing, terms and conditions, and risk appetite refinement
- Collaborating with Chief Underwriting Officer and Chief Risk Officer to develop and implement effective reinsurance strategies for partner programs, ensuring adequate risk transfer and capital management
- Working closely with Underwriting Director and Programme Manager on Portfolio Management to actively manage the overall portfolio of partner programs, monitoring risk accumulations, exposure concentrations, and profitability metrics
- Monitoring KPIs related to underwriting cycle times and productivity using data and analytics
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