High-Net Worth Underwriter

Zurich; West Oxfordshire; Hybrid; GBP 40,000 - 55,000; Full time

Job summary

A leading insurance provider is seeking a skilled Trading Underwriter to join their High Net Worth team. This role involves underwriting home and motor insurance policies for high-net-worth clients, focusing on relationship management with brokers and clients. Candidates should have a strong background in underwriting and the ability to analyze complex risks. The position offers flexible hybrid working opportunities and a comprehensive benefits package, including a 12% pension scheme and annual bonuses.

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

Discounted gym membership

Qualifications

• Experience in underwriting within the high-net-worth sector, specifically home and motor.
• Strong analytical and decision-making skills.
• Excellent interpersonal and communication skills for building broker and client relationships.
• Proficiency in underwriting software and tools.

Responsibilities

• Evaluate and underwrite high-value home and motor insurance policies for high-net-worth clients.
• Develop and sustain relationships with brokers, clients, and other key stakeholders.
• Monitor and manage the profitability of the underwriting portfolio.
• Stay updated on market trends and regulatory changes.

Skills

Underwriting expertise

Analytical skills

Interpersonal communication

Relationship management

Organizational skills

Tools

Underwriting software

Job description

Overview

Working hours: This role is available on a part-time, job-share or full-time basis. Location: Chipping Norton or Manchester (Hybrid working, minimum 50% office based).

The opportunity: 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. 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. Please talk to us at interview about the flexibility you may need.

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.
• 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.

Qualifications

• Experience in underwriting within the high-net-worth sector, specifically home and motor.
• Strong analytical and decision-making skills.
• Excellent interpersonal and communication skills for building broker and client relationships.
• Proficiency in underwriting software and tools.
• Ability to work independently and as part of a team.
• Strong organisational skills and the ability to manage multiple priorities.

About Zurich and our culture

We’re making a difference 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 with a long-standing history in the insurance industry. We are committed to sustainable impact, wellbeing, curiosity, optimism, and ongoing development. Zurich is a dynamic and challenging environment that recognises creativity, initiatives and contributions.

At Zurich, our sense of community is strong and we value diversity and inclusion. We work to ensure everybody is welcome, regardless of background, beliefs or culture, and we are committed to fair treatment of all applicants. Our wellbeing support includes access to physical, mental, social, and financial resources, and we offer training and development opportunities. We also support volunteering through our charitable arm, Zurich Community Trust, which has awarded grants and volunteered time valued at over £90 million in the UK.

Employee 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.
• Option to swap UK bank holidays for culturally or religiously significant days.
• Option to buy up to 20 additional days or sell holiday.
• Three days paid volunteering.
• Up to 16 weeks’ full pay for maternity, paternity and adoption leave.
• Private medical insurance and virtual GP appointments.
• Discounted gym membership and free flu jab.

Equality, diversity and inclusion

We are committed to treating all applicants fairly and with respect, irrespective of background, beliefs, or culture. We aim to reflect the diversity of our customers and provide an inclusive environment for all employees.