Senior Market Underwriter - Financial Lines

Zurich 56 Company Ltd; Leeds; On-site; GBP 40,000 - 80,000; Part time

Job summary

An established industry player is seeking a Senior Financial Lines Underwriter to join their dynamic team in the Northern region. This role offers an exciting opportunity to work closely with customers and brokers, driving performance and enhancing service delivery. You'll lead continuous improvement initiatives, mentor team members, and make informed pricing recommendations while delivering exceptional customer-focused solutions. With a commitment to diversity and inclusion, this company offers a supportive environment where your contributions are valued. If you're ready to take the next step in your underwriting career, this is the place for you!

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

Option to buy/sell holiday days

Qualifications

• Experience in Financial Lines, particularly D&O and Management Liability is essential.
• Strong knowledge of underwriting philosophy and techniques.

Responsibilities

• Lead performance and service delivery with a high-performing team of Underwriters.
• Identify and lead continuous improvement projects and coach team members.

Skills

Financial Lines experience

Risk assessment

Relationship building

Negotiation skills

Active listening

Needs analysis

Education

ACII CII Qualified

Working towards accreditation

Job description

Senior Market Underwriter - Financial Lines

Working hours: This role is available on a part-time, job-share or full-time basis.

Location: Northern Region. You can be based from our Manchester or Leeds office.

Closing date for applications: 25th February 2025

The opportunity

Are you an experienced Senior Financial Lines Underwriter looking for a new challenge? Or perhaps you’re an Underwriter ready for the next step? If so, we’d love to hear from you!

We’re looking for a Senior Financial Lines Underwriter to join our Commercial Insurance business in the Northern region.

In this role, you’ll work closely with customers and brokers in the North of England. You’ll have the chance to grow your knowledge and experience as we continue to build on the success of our Financial Lines Underwriting business.

What will you be doing?

• Working closely with our high performing team of Underwriters and Senior Underwriters, to lead on driving performance and improving service delivery.
• Identify and lead on continuous improvement projects and initiatives. Taking ownership of these and seeing them through to completion.
• Development is important to us so not only will we invest in you, but you will also have the chance to coach and mentor team members, including technical 121’s.
• Qualify accounts to meet with the organisation's appetite whilst striving to create customer focused solutions.
• Accurately select, assess and price risk in line with underwriting mentorship.
• Make clear recommendations for market pricing, backed up by strong rationale and confident decision-making.
• Deliver against key underwriting metrics & financial measures as outlined in the plan.
• Develop, maintain & collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate.
• Demonstrate market visibility & underwriting expertise.
• Take the lead on broker negotiations as required.
• Deliver in-person and virtual presentations and training to broker partners and customers.
• Serve as a key Zurich contact for our customers.

What are we looking for?

• Financial Lines experience, especially D&O and Management Liability is essential.
• Ability to effectively assess risk.
• Superior skills in relationship building, active listening, needs analysis and negotiating.
• Strong knowledge of underwriting philosophy, and techniques, while demonstrating commerciality and strong negotiation skills.
• ACII CII Qualified or actively working towards accreditation.

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 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.

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.

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.

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. 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’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity.