Are you looking for the opportunity to be directly involved in building the surety offering of a business? Our client is searching for a Trainee Surety Underwriter to join their team and would love to hear from you.

About the Company:
Our client is a UK leading provider of building warranties and building control services who have built their reputation across a wide reach of clients for their outstanding customer service. They work hard on evaluating each project, from new builds to renovations, large or small scale, to ensure that the right cover is recommended.
The company has 3 divisions, including Insurance Services, Technical Service and Building Control, who all work together and separately to do whatever it takes to deliver successful results and client support. They value ‘Reliability, Responsiveness and Robustness’ as qualities that underpin their success.
External organisations, compliance institutions, and globally recognised underwriters have acknowledged and accredited this company for their integrity, showcasing the trust placed in this company by a wide range of clients.

The Role:
As a Trainee Surety Underwriter, you will report to the Surety Underwriting Manager and underwrite surety business in accordance with the business plan and within its delegated underwriting authority.
You will be involved in building the company’s surety offering, in order to service the needs clients in line with risk appetite and underwriting guidelines.
This role is based at their office in Belfast, with a salary range of £21K - £25K. Hybrid work would be considered after suitable induction/training period .

Your responsibilities will include:

Under supervision analyse surety opportunities in accordance with the business plan through high-quality analysis of both the credit assessment and experience of the presented client and its proposed development
Attend and observe client and broker meetings to build and maintain strong relationships to maximise influence and drive business origination
Prepare necessary draft contract documentation including, facility documentation, corporate counter-indemnities and bond wording
Positively promote the department, division and company as a whole, in order to maximise brand leverage
Comply with all legal and regulatory requirements to ensure obligations are met
Adhere to underwriting standards, instructions and good practice to minimise risk and maximise efficiency in work completed
Actively keep abreast of market dynamics and demonstrate market cycle awareness to be able to operate effectively and appropriately

About You:

Willingness to obtain a professional insurance qualification (e.g ACII)
Strong credit analysis skills and understanding of financial statements
Clear understanding of legal and regulatory requirements in the insurance industry
Excellent communication and interpersonal skills with the ability to influence and negotiate
Good organisational and prioritisation skills
A high level of numeracy and literacy with the ability to analyse data and interpret for decision-making

Company Benefits:

Strong collaborative team values with employees who are ‘Reliable, Responsive and Robust’
Recently shortlisted for a National Insurance Award in the MGA category
Company events and team socials
Career progression opportunities
Company pension

Trainee Surety Underwriter - Belfast

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SALARY

£21000 - £25000

LOCATION

Rest of UK

CONTRACT TYPE

Graduate job (permanent)

JOB DESCRIPTION