At Zurich, we’re continuing our strong performance in Commercial Insurance and with a new office move planned, combined with outstanding career prospects, there’s never been a better time to join Zurich.
We are looking for a commercial minded underwriter, at ease in interactions with customers, interested in working in an international and challenging environment. The captive underwriter is the primary point of contact for any technical related topics in relation to our captive customers. The scope of the function includes support to the sales team for winning new customers, setting up the reinsurance arrangements and providing underwriting support to the captive.
What you will do
The captive underwriter will sit within the Zurich Global Employee Benefits Solution (ZGEBS) Underwriting team in Zurich and will be supporting dedicated captive customers. This includes:
Contribute to the request for proposal process alongside the sales team, by bringing technical expertise to the ZGEBS proposal.
Lead the implementation process for newly acquired captives, by setting-up the reinsurance program, which includes the reinsurance agreement wording and any credit risk related matters.
Evaluate captive protection needs and provide offer in line with ZGEBS profitability and risk appetite.
Provide professional underwriting support to the captives for the onboarding and renewal of any cases being fronted through the ZGEBS network, while ensuring that the ZGEBS profitability targets are met.
The captive underwriter will also play an active role in promoting the ZGEBS captive expertise externally. This means:
Representing ZGEBS in finalist presentations,
Exchanging on regular basis with captive customers, addressing their needs,
Promoting ZGEBS expertise externally, in professional conferences, with employee benefit consultants,…
The captive underwriter will be essential in developing and enhancing the ZGEBS captive proposition. This will be achieved by listening to the demands of the market and aligning them with the objectives of Zurich.
Wider underwriting support to the ZGEBS underwriting team is expected, such as deputising other underwriters during their absences
What you bring
Minimum of 5 years insurance or relevant industry experience;
Degree in mathematics, finance or similar;
International insurance experience and / or underwriting experience
Strong analytical, problem solving and decision making skills
Understanding of insurance programs and risk solutions
Proficiency in MS Office applications (including Word, PowerPoint; Excel)
Strong communication skills. At ease in presenting to and discussing with customers and communicating about technical topics to a wide range of stakeholders, including sales and operation functions and external customers;
Ability to quickly understand and make use of new technical information in relation to risk assessment.
Ability to understand, interpret and translate customer requirements into deliverables
Information for recruitment agencies
Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications as well as any associated fees.
Are you interested in working for a company that values its people and put's its customers and employees at the heart of everything we do? Are you looking for growth opportunities beyond simply a career? Then Zurich could be just the place for you!
Our people are the heart & soul of Zurich. Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together!
Our ambition is to become one of the most responsible and impactful businesses in the world. To get there we hire and develop the best talent available. With Zurich, you can expect to work on challenges that will help you grow and to collaborate with a diverse and inclusive global team.
People are Zurich’s most important asset. Their varied skills, perspectives and experiences drive innovation. And they reflect the breadth and diversity of our customers, suppliers, communities and investors around the world. We are committed to attracting and retaining talented individuals from a variety of backgrounds and experiences. Zurich does not discriminate based on race, ethnicity, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law.