Location: London - Hybrid working available, with a minimum of 2 days in our London office.

Salary: Up to £40,000 depending on experience + excellent benefit package!

Closing date for applications: 22nd April 2025

The opportunity

Whether you’re looking to take that first step in your Underwriting career or wanting to progress with some experience behind you, this role could be for you! We’re looking for an Underwriting Analyst to join an exciting international environment in our Zurich Global Employee Benefits Solutions (ZGEBS) Underwriting team, based in Mark Lane, London.

ZGEBS supports multinational companies in finding the right financing solutions for their global employee benefit plans.

From multinational pooling and captive services to innovative global underwriting programs, we offer multinational companies a holistic approach to risk management and financing solutions, maximizing the value of their global employee benefit plans.

It would be great if you have group Life, Health, or Disability Underwriting experience, but don’t worry if you haven’t. Your development is important to us, so if you’re eager to learn, we will invest in your development. As part of a team of Group Life, Disability, Accident and Group Medical underwriters, you will be involved with underwriting of new and renewal cases, and support the Senior Underwriters. This is a great opportunity to work and learn from Senior Underwriters in the market.

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 you will do

Assisting the Underwriting team with collecting and validating renewal information, among other underwriting activities
Use a disciplined approach to risk assessment of renewal group business.
Support senior underwriters in assessing, monitoring and reporting on major risks.
Work closely with the account managers and the network partners to support them to win and to retain the business in the best interest of ZGEBS and the Customer.
Contribute to the development and maintenance of tools and processes, supporting the underwriting area.
Contribute to the ongoing performance management of the book of business.

Ensuring documentation is executed in line with Zurich guidelines and oversight of movement of money

What are we looking for?

We’re not expecting you to come in and hit the ground running and training will be provided but it would be great if you had some of the following:

Strong English communication skills and the ability to build and maintain relationships to drive business performance.
Additional competency in French or Spanish would be beneficial.
A team player, who enjoys working in a dynamic and multi-cultural organisation
Strong analytical, problem solving and decision-making skills
Experience in a financial analytical role would be beneficial.
Ability to quickly understand and make use of new technical information in relation to risk assessment
Proficiency in MS Office applications (including Word, PowerPoint; Excel)
Knowledge of Life, Disability and/or Health insurance or practical experience in the pricing or underwriting of group insurance products would be beneficial but not essential as we will provide training and support.
Currently working towards or happy to obtain qualifications such as CII.

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.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

Follow the link for more information about our benefits - Employee benefits | Working at Zurich Insurance UK

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-Hybrid