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Trainee Underwriter

2 months ago


Leeds, Leeds, United Kingdom Zurich Insurance Company Ltd. Full time

Location: Leeds /Hybrid

Salary: £23,400 plus excellent benefits, career progression and full study support

Closing date for applications: 25th July 2024

The opportunity:

Our team members help our broker partners provide insurance solutions to small and medium sized businesses who are the backbone of the UK economy. We are currently expanding our team and are looking for individuals to join and support the continued growth and development of our SME Underwriting Centre. We are looking for Trainee Underwriters to come and join us in Leeds, and this could be you

Working in our team, you will analyse and underwrite new and renewal business, interact with Brokers to support their customers and work as part of a diverse team in a fast-paced environment.

If you pride yourself in providing excellent customer service every day, then you could be the perfect fit.

In this role communication and quick learning is key, in turn you will get to experience working for a global, truly people centric organisation.

We will support you with extensive training and a structured career pathway to help you grow and develop. Alongside this, you'll work with supportive colleagues in a fantastic team environment.

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.

Key responsibilities:

  • Build and manage relationships with Brokers, by listening, understanding and meeting customer needs to support onboarding new business and retaining existing customers through delivering excellent service.
  • Support Zurich's culture by demonstrating trading and negotiation behaviours.
  • Develop sound risk and business awareness alongside learning our organisation's risk appetite.
  • Quote and set coverage, negotiate terms and conditions on New Business, Mid Term Adjustment and Renewals.
  • Make Outbound calls to Brokers, demonstrating a desire to win business, alongside managing tasks, Inbound Calls and Live Chat.
  • Resolve technical problems by referring to policies, procedures, specifications and on short-term, defined scope projects.
  • Administer and monitor underwriting rules and guidelines and insurance laws and regulations.
  • Be an active team member of a large multi-location Underwriting environment.

Your skills and experience:

  • Excellent communication skills.
  • Basic knowledge of the insurance industry/Financial Services and the legal and regulatory environment is preferable but not essential.
  • A solutions and service orientation.
  • Team player.
  • Strong skills in relationship building, active listening, needs analysis and win-win negotiating.

Please watch the video to gain an insight into working within our team:

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.