Insurance Underwriter Career Opportunities

7 days ago


London, Greater London, United Kingdom Zurich Australian Insurance Ltd. Full time
Company Overview:
Zurich Australian Insurance Ltd. is a leading insurer with a strong presence in the Australian market. We're passionate about delivering exceptional customer experiences and providing innovative insurance solutions to meet the evolving needs of our customers.

About the Role:
We are seeking an experienced Assistant Commercial and Insurance Underwriter to join our team, working on a portfolio of domestic Real Estate risks in accordance with Zurich guidelines. As an underwriter, you'll play a key role in developing your career with our broker partners and customers, taking a solution-oriented approach to underwriting complex assignments.

Key Responsibilities:
  • Underwrite and analyse new and renewal business within delegated authority levels, ensuring compliance with insurance laws and regulations.
  • Administer and monitor underwriting Guidelines while collaborating with Line of Business representatives on referrals and other business-related needs.
  • Develop relationships with cedants & brokers in support of business retention and acquisition, providing solutions for their insurance related needs.
  • Negotiate Terms & Conditions and close deals, working closely with the Risk Engineering/Claims and Customer Teams as required.
  • Cross-Sell other lines of business to increase product density with the account, handling and reviewing large/complex underwriting submissions and annual underwriting reviews.

Requirements:
  • An accredited degree or similar Insurance qualifications.
  • Experience of working for Insurer/Reinsurer on Real Estate/Property business (or similar technical lines) would be beneficial but not essential.
  • Experience working in multinational insurance business, knowledge of insurance policy wordings, equivalent broker and market clauses.
  • A disciplined approach to exposure evaluation, risk assessment, and pricing, additional language skills in addition to English an asset.

Benefits:
  • A competitive salary of $120,000 - $150,000 per annum, plus benefits.
  • 12% defined non-contributory pension scheme.
  • Annual company bonus.
  • Income Protection.
  • Life cover - four times your salary.
  • 25 days holiday a year plus bank holidays.
  • Three days paid volunteering.
  • Up to 16 weeks' full pay for maternity, paternity, and adoption leave.
  • Access to Private medical insurance.
  • Virtual GP appointments.
  • Discounted gym membership.
  • Free flu jab.



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