Underwriting Analyst

Zurich 56 Company Ltd; City Of London, London; Hybrid; GBP 35,000 - 55,000; Full time

Job summary

An established industry player seeks a motivated Underwriting Analyst to join their dynamic team in London. This role offers a unique opportunity for individuals starting their underwriting career or looking to advance. You will be involved in the underwriting of new and renewal cases, supporting senior underwriters while contributing to the development of tools and processes. The company values your growth and offers investment in your professional development. With a strong commitment to diversity and inclusion, this firm fosters a collaborative environment where your contributions are recognized and rewarded. Join a team that is passionate about making a difference!

Benefits

12% defined non-contributory pension scheme

Annual company bonus

Private medical insurance

Holiday buy/sell options

Comprehensive training and development opportunities

Qualifications

• Knowledge of Life, Disability, and Health insurance is beneficial.
• Strong analytical and problem-solving skills are essential.

Responsibilities

• Assist Underwriting team with renewal information collection.
• Support senior underwriters in risk assessment and reporting.

Skills

Life Insurance Knowledge

Disability Insurance Knowledge

Health Insurance Knowledge

Analytical Skills

Problem Solving

Decision Making

English Communication

Teamwork

Education

CII Qualifications

Tools

MS Office

Job description

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

Salary: Competitive salary + excellent benefit package!

Closing date for applications: 4th May 2025

The opportunity

We’re looking for an Underwriting Analyst to join our Zurich Global Employee Benefits Solutions (ZGEBS) Underwriting team, based in Mark Lane, London. Whether you've just started out in your Underwriting career or wanting to progress with some experience behind you, this role could be for you!

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.

What you will do

• Assisting the Underwriting team with collecting and validating renewal information.
• 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 account managers and network partners to support business retention.
• 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.
• Ensure documentation is executed in line with Zurich guidelines.

What are we looking for?

• Knowledge of Life, Disability and/or Health insurance or practical experience in the pricing or underwriting of group insurance products would be beneficial.
• Strong English communication skills and the ability to build and maintain relationships.
• 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.
• Proficiency in MS Office applications (including Word, PowerPoint, Excel).
• Currently working towards or happy to obtain qualifications such as CII.

What will you get in return?

We offer a wide range of employee benefits including a 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.

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 employees to reflect the diversity of our customers and are committed to treating all applicants fairly and with respect.

We work with our wellbeing partners to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.

So make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us. #LI-Hybrid