Location: We’re flexible! Occasional travel to London and Birmingham will be required
Closing date for applications: 15th March 2023
The opportunity:
Are you looking for a fresh challenge? Are you looking to take that next step in your Underwriting career? If so, we would love to hear from you!
You can become a member of the Commercial Casualty (Hub) team, where you’ll be joining an established underwriting team with significant technical & market knowledge, working on a diverse portfolio in a wide range of industry sectors, in the UK domestic & multinational arena; the team also have empowerment to write Property risks which makes it even more resourceful & dynamic.
The International Hub was established 5 years ago and was designed to capture those risks not expressly shown to the Multinational team based in London, it is also well positioned to capture the ‘upper mid-market’ accounts throughout the regional network. The ‘Hub’ team make significant premium contributions to both the Casualty & Property portfolio.
You will take a solution-oriented approach as you develop your Underwriting career with both our Broker partners and customers. You will collaborate with other Lines of Business to ensure we are in the best position to respond to our customers’ needs.
This role offers true potential for the right candidate to progress within the underwriting community and Zurich.
This role is available part-time, job-share or full time. 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?
- Working with and supporting a team of highly skilled and motivated individuals, underwrite and analyse both new and renewal Liability business.
- Handle & review large/complex underwriting submissions and conduct annual underwriting reviews.
- Administer and monitor underwriting Guidelines whilst complying with insurance laws and Regulations and pricing manuals
- Develop, maintain & collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate.
- Work closely with Risk Engineering/Claims/Actuarial/Customer teams & Underwriting Support as required
- Work with the Finance function and support the Underwriters with adherence of financial requirements, premium collection and the like.
- Build & Develop relationships with both Brokers & Clients in support of business retention & acquisition, extending through to the provision of solutions for their insurance related needs
- Participate and contribute to new business pipeline, extending through to opportunity assessment with key distributors to identify growth opportunities
- Qualify accounts in accordance with the organisation's risk appetite, balanced with sound business opportunity.
- Learn to Negotiate Terms & Conditions and close deals.
- Cross-Sell other lines of business to increase product density with the account.
- Handle & review large/complex underwriting submissions and annual underwriting reviews.
What are we looking for?
- Accredited degree or similar Insurance qualifications, or working towards
- Experience of working for an Insurer/Reinsurer in Liability (or Long Tail) Lines (or similar technical lines)
- Experience working in multicultural/international environment
- Strong communication skills and ability to build strong relationships with our customers and brokers
- Knowledge of insurance policy wordings, equivalent broker and market clauses
- Disciplined approach to exposure evaluation, risk assessment and pricing
What will you get in return?
As well as a competitive salary, we also offer an excellent lifestyle benefits package which includes:
- Annual company bonus
- 12% company pension contribution (employee contribution optional)
- 25 days holiday plus an additional 3 volunteering days
- Contribution to medical cover
- Discounted technology offers
- Virtual GP appointments
- Discounted gym membership,
- Free flu jab
- Discounted gadget insurance
At Zurich we will consider requests for flexible working on hiring. Many of our employees work flexibly in many different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. Please talk to us at interview about the flexibility you may need.
Who we are
With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. 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. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best.
You’ll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.
Our Culture
At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers and we want our employee base to reflect that.
Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics.
With the above in mind we accept applications from everyone regardless of your background, beliefs or culture however we especially welcome applications from women, people from ethnic minorities, people with a disability and people who are LGBT+ as these groups are currently under-represented in our organisation.
We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust.
We have won numerous awards for our work on Diversity and Inclusion. We are also proud to be nominated for the 2020 Insurance Times award for Diversity and Inclusion. You can read about our awards on our website.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.