Assistant Market Underwriter 2024

Are you looking to build on or begin a career in Underwriting? If so, we would love to hear from you!

The role

This is a unique opportunity to build your knowledge and experience for the future as all our Underwriters in Zurich Municipal underwrite all lines of business, offering a truly bespoke and personalised service to a range of customers in the Public Sector – from Local authorities, to Universities, Schools and Charities.

This role will be challenging and there will be a lot to learn but you will be joining an experienced team where development is key, and support will be given all the way. There will also be opportunities to obtain qualifications such as Cii.

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

As an Assistant Market Underwriter, some of your key activities include:

• Deliver against underwriting & financial measures as outlined in the plan
• Demonstrate market visibility & underwriting expertise
• Develop, maintain & collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate
• Qualify accounts to meet with the organisation's appetite, consistent with sound business opportunity
• Accurately select, assess and price risk in line with underwriting mentorship
• Make clear recommendations for market pricing, backed up by strong rationale and confident decision-making
• Have an external presence within the Public Sector visiting our customers regularly ensuring you fully understand their risk & insurance requirements
• Serve as a key Zurich contact for our customers

Who are we looking for

Ideally, you will have experience in the insurance industry, and we would expect you tick some of these boxes. If you are dedicated and willing to learn, we would like to hear from you!

• Basic knowledge of the insurance industry/Financial Services and the legal and regulatory environment is preferable but not essential
• Excellent communication skills
• Strong negotiation skills
• Superior skills in relationship building, active listening, needs analysis and win-win negotiating
• Team player
• Cert Qualified or actively working towards accreditation beneficial but not essential

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.