Job Summary
We are part of the worldwide Zurich Insurance Group, established in 1872 and headquartered in Switzerland. Our employees across the globe serve customers in more than 170 countries, from individuals who need their homes, cars or lives insured, to providing risk management expertise and commercial insurance to many of the largest multinational companies on the planet.
The Business Lines New Business Team
The New Business Underwriter will be required to work closely with our broker partners and other internal functions such as Head of New Business, Pricing, Line of Business Heads, Claims, Finance, Sales & Distribution and Risk Engineering to ensure all areas of the business are managed in accordance with framework, policies, authority levels and guidelines whilst delivering on our financial plan.
Your Role
* Underwrite and analyse new business submissions an adherence with the Zurich Way of underwriting, Zurich risk appetite and within delegated authority levels.
* Negotiating terms & conditions with our broker partners in line with our agreed strategy and target risk appetite whilst nurturing broker relationships.
* Manage and proactively prioritise new business pipeline and work queues, in conjunction with Sales and Distribution, ensuring agreed SLA's are adhered to.
* Continuous engagement with Sales and Distribution, Risk Engineering (when applicable) and broker partners to generate, drive and secure new business opportunities.
* Built relationships in support of customer/business acquisition and retention (e.g. by handling a range of queries, providing advice to assist with the development of an account)
Key Responsibilities:
* Implement agreed technical standards, controls, practices and procedures, thereby maintaining underwriting discipline.
* Proactively contribute ideas and work for the development of new or enhanced propositions based on technical, customer and distributor insights, supporting testing, pricing feedback and participating in training where necessary.
* Adhere to Central Bank compliance standards of operating.
* Demonstrate high level of Quality Assurance in all elements of the underwriting process.
Your Skills and Experience
You should have 3 years plus industry knowledge, holds or is working towards relevant professional qualifications i.e. CIP, MDI, ACII, Excellent technical insurance knowledge, including specific knowledge in Commercial Insurance, Excellent numerical and analytical skills, Excellent communication skills (both verbal and written), Strong negotiation skills, Excellent planning and organisational skills to manage and prioritise workload and adapt quickly within a fast-paced environment, responding effectively to customer needs and expectations, A strong team player with a flexible, positive attitude towards work including changes to technology, functionality driven initiatives, and additional/new product lines, Strong leadership and delegation skills, Good research skills, Pro-active with strong problem-solving, decision-making and judgment skills, Ability to prioritise workload and to adapt quickly within a busy environment to ensure we respond effectively to customer needs and expectations, Excellent planning and organisational skills that support a high service standard.