Senior Captive Underwriter

Working hours:

This role is available on a part-time, job-share or full-time basis

London

The Zurich Global Employee Benefits Solutions team help multinational companies find 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.

We are looking for a motivated and commercially minded Senior Captive Underwriter to join our dynamic and international environment. In this role, you will act as the primary point of contact for any technical topics related to our corporate customers, handling complex new and renewal cases as part of a team of Life, Disability, Accident, and Group Medical underwriters. You will be integral in supporting the sales team in winning new customers, setting up reinsurance arrangements, and offering underwriting support to captives.

This position can be based in either Zurich or London, providing a fantastic opportunity to work in a truly global context.

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 the interview about the flexibility you may need.

• Contributing to the request for proposal process alongside the sales team, by bringing technical expertise to the ZGEBS proposal.
• Supporting the implementation process for newly acquired captives, by setting-up the reinsurance program, which includes the reinsurance agreement wording and any credit risk related matters.
• Providing professional underwriting support to the captives for the onboarding and renewal of any cases being fronted through the ZGEBS network, while ensuring that the ZGEBS profitability targets are met.
• Using a disciplined approach to risk assessment of new and renewal business of your own portfolio of customers.
• Playing an active role in promoting the ZGEBS captive expertise externally. This means:
• Representing ZGEBS in finalist presentations.
• Exchanging on a regular basis with captive customers.
• Promoting ZGEBS expertise externally, in professional conferences, with employee benefit consultants.
• Developing and enhancing the ZGEBS captive proposition. This will be achieved by listening to the demands of the market and aligning them with the objectives of Zurich. Your expertise will directly shape our global solutions and client satisfaction.
• Evaluating captive protection needs and provide offer in line with ZGEBS profitability and risk appetite.
• Providing wider underwriting support to the ZGEBS underwriting team is expected, such as deputising other underwriters during their absences.

• Practical experience in underwriting employee benefit schemes for Life and/or Health business.
• Degree in mathematics, finance or similar.
• Ability to quickly understand and make use of new technical information and analyse datasets used for pricing.
• Strong analytical and technical skills with a high degree of accuracy in the daily work.
• Exceptional problem solving and decision-making abilities.
• A team player, who enjoys working in a dynamic and multi-cultural organisation.
• Proficiency in MS Office applications (including Word, PowerPoint; Excel).
• Strong communication skills. At ease in presenting to and discussing with customers and communicating about technical topics to a wide range of stakeholders, including sales and operation functions and external customers.
• Experience in setting up reinsurance agreements and a good understanding of reinsurance covers would be an advantage.

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.