Salary: Up to £38,000 depending on experience + excellenet benefit package

Location: Fareham

Closing date for applications: 7th August 2024

The opportunity:

• Are you hungry and have a desire to learn something new almost every day ?
• Do you thrive on being inquisitive, asking 'why', 'what about' and then problem solving?
• Do you want to be in a role that will make a difference?
• Do you want to gain exposure to the whole of UK P&C?

We're not expecting you to have Reinsurance experience, we can support and develop you in this area. You won't be micromanaged in this role as we will give you the freedom to act as a business partner to multiple business areas and levels of the organisation, using your initiative and proactiveness to get things done.

This role will primarily support ZIC UK's facultative reinsurance activity but also treaty placement. You will join a very small team based in Underwriting with a remit supporting UK Retail & Commercial across all segments & all lines of business doing a role with far-reaching scope for development.

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 well as interacting with multiple areas of the business and senior stakeholders, including Exec level and Business leads, you will also have the ability to make the role your own and put your stamp on things. We're not expecting you to have an understanding of all these points but here are some examples of what you will be doing.

Facultative Reinsurance

• • Provide insight on facultative purchasing, rationale & performance, recommending improvements & efficiencies by LoB & segment.
  • Own and update Facultative guidance, providing training as required
  • Enhance existing landscape in a user-friendly format & share with key stakeholders.
  • Communicate interplay with treaties providing training as required.
  • Wordings : be the focal point, own share-point repository, ensure regulatory compliance, manage changes with all stakeholders .
  • Proactively support Underwriting Services, Finance & the Fac Network.
  • Support exceptional reinsurer approval requests with Group Risk & breach monitoring.
  • Create effective communication channels with all functions, segments, LoB's, ZIE Ireland for FoS business, UK Legal, Group Risk, Zurich North America, Group Re & eReinsure.
  • Work closely with Underwriting Excellence to support effective controls & governance & identify trends.
  • Claims process : review & improve reporting practices.
  • Solvency II QRT returns : own the collection, analysis & reporting of all aspects of the Facultative Quantitative Reporting Template returns.

Treaty Reinsurances

• • Group Placement Data Requirements (a.k.a data calls): support the collection, analysis & reporting of all aspects for specific Lines of Business. Review responses, challenging & amending as required. Submit to Group Reinsurance within specified deadlines.
  • Participation in placement activities as required.

What are we looking for?

Of course it would be great if you have underwriting and Reinsurance experience, but this isn't essential as training and development will be provided.

We would like you to be confident and curious, with the ability to build strong and effective working relationships with key stakeholders across the business. It would be great if you had strong excel skills as you will need to be able to look at data and identify anomalies and opportunities. You will need to be persistent in getting to the root of issues, identifying solutions, gaining consensus and then implementing them.

The main thing is that we want you to have the desire to make a difference and the determination to deliver above expectations.

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You'll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

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. #LI-Hyrbid