Job Summary
Zurich is one of the world’s leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our shareholders, customers and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions and advisory services.
Our Zurich Commercial Insurance, Middle East business is looking for a Senior Underwriter - Liability Lines to join our team and play a key role in our Middle East Team. Reporting to the Underwriting Manager, this individual will analyze and underwrite highly complex new and renewal business, under minimal direction, utilizing The Zurich Way of Underwriting Framework as a subject matter expert, ensuring a high-level service to customers.
Job Accountabilities
As Senior Underwriter - Liability Lines, your role will involve:
- Working under minimal direction, underwrite and analyze new and renewal business within delegated authority levels of highly complex assignments.
- Demonstrate specialized knowledge and expertise in products and industry.
- Administer and monitor underwriting rules and guidelines, insurance laws, regulations and rating manuals.
- Work at the highest authority limits on assignment utilizing the highest degree of technical complexity and coordination.
- Develop strong and maintain relationships with brokers in support of business retention and acquisition.
- Handle & review large/complex underwriting submissions and annual underwriting reviews.
- Proactively seek renewal and new account opportunities.
- Complete detailed opportunity assessment with key distributors to identify business growth.
- Negotiate terms and conditions, and close deals.
- Cross-sell other lines of business to increase product density with the account.
- Serve as key contact for assigned target accounts.
- Calculate target price accurately by utilizing underwriting tools appropriately.
- Sponsor / lead product development.
Job Qualifications
To be successful in this role, you will need:
- Bachelor's Degree or Equivalent and 7 or more years of experience in the Underwriting of Liability Lines (Energy and Non-Energy).
- Experience with Microsoft Office
- Advanced knowledge and practice of line/s of business
- Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
- Ability to effectively assess risk
- Ability to work in a team-based environment
- Knowledge of time restraints for quotes on new and renewal business
- Strong presentation skills
Zurich Values
Collaborate Together
Develop & Grow
Make it Happen
Performance
Problem Solving
Technical Competency 1
Technical Competency 2
Why Zurich
At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking 'What can go right?'
We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step.
Let’s continue to grow together!
- Location(s): AE - Dubai, DIFC Office
- Remote working: Hybrid
- Schedule: Full Time
- Contract Type: Permanent
- Recruiter name: Recruiter, CI ME
- Closing date: 16 October 2024
