Job Summary

Zurich Insurance Europe AG, Ireland is looking for a Business Lines Underwritter for our New Business Team.

The Business Lines New Business Team are responsible for meeting the insurance needs of our Business Lines customers through our broker channel. The New Business Underwriter will be required to work closely with our broker partners and other internal functions such as Head of New Business, Pricing, Line of Business Heads, Claims, Finance, Sales & Distribution and Risk Engineering to ensure all areas of the business are managed in accordance with framework, policies, authority levels and guidelines whilst delivering on our financial plan.

This role may be available part-time or full time. 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 interview about the flexibility you may need.

Your Role

As a New Business Underwriter your main responsibilities will include, but not necessarily be limited to, the following:

Underwrite and analyse new business submissions an adherence with the Zurich Way of underwriting, Zurich risk appetite and within delegated authority levels.
Negotiating terms & conditions with our broker partners in line with our agreed strategy and target risk appetite whilst nurturing broker relationships.
Manage and proactively prioritise new business pipeline and work queues, in conjunction with Sales and Distribution, ensuring agreed SLA’s are adhered to.
Continuous engagement with Sales and Distribution, Risk Engineering (when applicable) and broker partners to generate, drive and secure new business opportunities.
Build relationships in support of customer/business acquisition and retention (e.g. by handling a range of queries, providing advice to assist with the development of an account)
Implement agreed technical standards, controls, practices and procedures, thereby maintaining underwriting discipline
Proactively contribute ideas and work for the development of new or enhanced propositions based on technical, customer and distributor insights, supporting testing, pricing feedback and participating in training where necessary.
Adhere to Central Bank compliance standards of operating
Demonstrate high level of Quality Assurance in all elements of the underwriting process
Ensure any issues arising are dealt with in accordance with Zurich standards and that where appropriate issues escalated in a timely fashion
Maintain underwriting records in accordance with regulatory /statutory and internal requirements, using a disciplined approach to exposure evaluation, risk assessment and pricing.
Identify training opportunities for self and other and assists with training as directed.
Be flexible to participate in ad hoc projects
On occasion having to deliver superior service in the management of renewals

Your Skills & Experience

As a New Business Underwriter your skills and qualifications will include:

3 years plus industry knowledge
Holds or is working towards relevant professional qualifications i.e. CIP, MDI, ACII
Excellent technical insurance knowledge, including specific knowledge in Commercial Insurance
Excellent numerical and analytical skills
Excellent knowledge of Zurich products/policy wordings

Competencies:

Ability to work within a team environment – focused on the achievement of both individual and team goals
Ability to build key relationships with partners & customers
Excellent communication skills (both verbal and written)
Strong negotiation skills
Excellent planning and organisational skills to manage and prioritise workload and adapt quickly within a fast-faced environment, responding effectively to customer needs and expectations.
A strong team player with a flexible, positive attitude towards work including changes to technology, functionality driven initiatives, and additional/new product lines.
Strong leadership and delegation skills
Enthusiasm, ambition and innovation
Ability to operate independently
Good research skills
Pro-active with strong problem-solving, decision-making and judgment skills
Excellent attention to detail, including a strong ability to multitask
Ability to prioritise workload and to adapt quickly within a busy environment to ensure we respond effectively to customer needs and expectations
Excellent planning and organisational skills that support a high service standard
All employees are expected to work in accordance with the behaviours laid out in Zurich Purpose and Values

Additional Information

Primary work location is Dublin or Wexford -based but occasional travel may be required to other Zurich locations.

If you value an exciting and varied working environment and meet the above requirements, then our recruiter is looking forward to receiving your application by clicking on the button “Apply online”.

Who we are

Zurich is one of Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,500 people across its locations in Dublin and Wexford.

Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 82 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns.

Reflecting its purpose to ‘create a brighter future together,’ Zurich offers protection services that go beyond traditional insurance, to support its customers in building resilience. Since 2020, the Zurich Forest project supports reforestation and biodiversity restoration in Brazil’s Atlantic Forest.

The Group has more than 65,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN) is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.

Business Lines Underwriter - New Business Dublin / Wexford

Job Description