Construction Underwriter - London, United Kingdom - Zurich Insurance

Zurich Insurance
Zurich Insurance
Verified Company
London, United Kingdom

1 week ago

Tom O´Connor

Posted by:

Tom O´Connor

beBee Recruiter
Part time
Description

Location:
London

The opportunity:

As a member of the Commercial Insurance Energy and Construction team, you'll underwrite, manage and develop a portfolio of Construction and Engineering Risks including Project Specific covers (CAR /EAR, DSU), Renewable Energy Projects, CECR and other Engineering policies in accordance with Zurich guidelines.


You'll take a solution-oriented approach as you develop and maintain a strong network of relationships with our Broker partners and our Customers.

Interaction and cooperation with other Lines of Business as needed to ensure we are able to respond to our customers' needs.

You'll also have the opportunity to assist in the training and development of other members of the team.


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.

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.


What will you be doing?

  • Underwrite and analyse new, existing and renewal business within delegated authority levels of highly complex assignments.
  • Administer and monitor underwriting rules and guidelines and insurance laws and Regulations and pricing manuals
  • Develop, maintain & collaborate with Line of Business representatives on referrals and other businessrelated needs, as appropriate.
  • Work closely with the Risk Engineering Team on major projects to evaluate and take the right underwriting decisions
  • Work with the Finance function and support the premium collection, whenever required
  • Develop and maintain relationships with cedants & brokers in support of business retention and acquisition and provide solutions for their insurance related needs
  • Supports the sales culture by being a Help Point for agents, brokers and customers.
  • Proactively seek renewal and new account opportunities.
  • Complete detailed opportunity assessment with key distributors to identify growth opportunities
  • Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
  • Negotiate Terms & Conditions and close deals.
  • Develop strong broker and client networks as related to industries underwritten by Business Unit.
  • Cross-Sell other lines of business to increase product density with the account.
  • Provide expertise on coverage issues with claims.
  • Handle & review large/complex underwriting submissions and annual underwriting reviews.
  • Benchmark and establish best practices.

What are we looking for?

  • Technical Engineering Degree or equivalent construction / engineering experience.
  • Engineering/Industry background in Civil, infrastructure, Oil, Gas, petrochemicals industry ideally.
  • Experience of working for Insurer/Reinsurer in Engineering Lines based in the UK.
  • Experience working in multicultural environment.
  • Expertise in construction insurance policy wordings, including LEG, DE and equivalent broker and market clauses.
  • Disciplined approach to exposure evaluation, risk assessment and pricing.

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.


With over 55,000 employees in more than 170 countries, you'll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.


We've made a promise to each other and every employee; to focus on sustainable impact, to care about each other's wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.


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, which we've won numerous awards for.

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 want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.


We've an environment that places a real importance on our people's wellbeing from a physical, mental, social and financial perspective.

We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support.

We're also committed to continuous improvement and we offer access to a compreh
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