Senior Surety Underwriter - London, United Kingdom - Zurich Insurance

Zurich Insurance

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Part time

Description

Location:
London

The opportunity:

Do you have a background in Underwriting UK Contract and Commercial Surety? Are you looking for a new opportunity to challenge yourself? We are looking for an experienced Surety Underwriter to join our team in our Mark Lane office, London, on a permanent basis.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours.

This is because we want the best people for our roles, and we recognise that sometimes those people aren't available full-time.

Please talk to us at interview about the flexibility you may need.

What will you be doing?
Reporting to the UK Head of Surety, you will be responsible for:

The facility and bond underwriting within individual underwriting authority and for providing recommendations for approval by credit committee for facilities and bonds outside of individual underwriting authority.
Participation on credit committees with authority alongside other credit committee members to approve larger facilities and bonds underwritten by Zurich's UK Surety team.
Negotiate bond wordings, indemnities and other recourse documents for new and existing facilities including negotiations with external solicitors and clients.
Act as referral point for other members of the team for bond enquiries, indemnity and recourse documentation.
Develop a pipeline of facility and bond enquiries through client, internal Zurich relationships, cross selling and broker relationships.
Identifying and developing new surety products and target segments.
Implementing new operational improvements.

What are we looking for?

We would like you to have the following:

Experience in Underwriting UK Contract and Commercial Surety
Financial analysis skills ability to interpret financial statements to determine credit standing of Surety customers
Knowledge and understanding of indemnity structures
Ability to work within a team
Knowledge and understanding of Surety Bond wordings
Ideally with an established network of contacts in the UK Surety market

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer.

Together we're creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you'll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We've made a promise to each other and every employee; to focus on sustainable impact, to care about each other's wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you.

Be part of something great.

Our Culture:

At Zurich, our sense of community is strong and we're particularly passionate about diversity and inclusion, which we've won numerous awards for.

We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture.

We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We've an environment that places a real importance on our people's wellbeing from a physical, mental, social and financial perspective.

We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support.

We're also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities.

We're passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK.

In that time, we've awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
**#LI-Hybrid