High-Net Worth Underwriter

Zurich Insurance; Manchester; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance firm in Manchester seeks a Trading Underwriter to specialize in high-net-worth home and motor insurance. The ideal candidate will have substantial underwriting experience and exceptional relationship-building skills. This role involves analyzing risks, developing client relations, and ensuring profitability within the portfolio. Competitive salary and benefits included.

Benefits

12% non-contributory pension scheme

Annual company bonus

Life cover - four times your salary

Gym membership discounts

Three days paid volunteering

Qualifications

• Experience in high-net-worth underwriting for home and motor products.
• Ability to assess complex risks.
• Strong relationship-building skills.

Responsibilities

• Evaluate and underwrite high-value insurance policies.
• Develop relationships with brokers and clients.
• Monitor portfolio profitability.

Skills

Underwriting experience

Analytical and decision-making skills

Interpersonal and communication skills

Proficient in underwriting software

Organisational skills

Job description

Responsibilities

• Evaluate and underwrite high-value home and motor insurance policies for high-net-worth clients, adhering to underwriting guidelines and risk appetites.
• Develop and sustain robust relationships with brokers, clients, and other key stakeholders to drive business growth and enhance client satisfaction.
• Analyse and assess risk exposures to provide bespoke insurance solutions tailored to the unique needs of high-net-worth clients.
• Monitor and manage the profitability of the portfolio, ensuring that underwriting decisions align with the company's financial objectives.
• Collaborate with internal teams, including claims, actuarial, and risk management, to ensure a holistic approach to underwriting and client service.
• Stay updated on market trends, competitor activities, and regulatory changes to inform underwriting strategies and maintain a competitive advantage.
• Participate in client and broker meetings, presentations, and other marketing activities to promote Zurich's high net worth home and motor insurance products.

We are looking for a skilled and motivated Trading Underwriter to join our High Net Worth team, specialising in home and motor products. The ideal candidate will have a strong background in underwriting, excellent market awareness, and a keen ability to build and maintain relationships with brokers and clients.

Qualifications

• Underwriting experience within the high-net-worth sector, specifically in home and motor products.
• Strong analytical and decision-making skills with a proven ability to assess complex risks.
• Exceptional interpersonal and communication skills, with the ability to build and maintain effective relationships with brokers and clients.
• Proficient in using underwriting software and tools.
• Demonstrated ability to work independently and as part of a collaborative team.
• Strong organisational skills with the ability to manage multiple priorities in a fast-paced environment.

Benefits & Company Information

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.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Health & Wellbeing

• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.

We’re making a difference. Zurich is committed to sustainability, diversity, and inclusion, and to continuous improvement through training and development. We offer opportunities for flexible working arrangements where possible.