Junior Captive Underwriter (Part-Time, Job-Share, Full-Time)

The vacancy has opened as the result of an internal transfer, we're looking for an enthusiastic Junior Underwriter to join our Captive team in Mark Lane, London. If you have an analytical approach or background and the ability to build strong relationships, we would love to hear from you! 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? As part of the Captive Underwriting team, your role will consist of:

• Design, negotiation, and implementation of Captive fronting programmes, including pricing of fees, execution of collateral and reinsurance documentation
• Work with local Customer and Broker distribution teams to ensure effective ongoing sales performance
• Drive business development with distributors by identifying opportunities or issues and taking the necessary actions.
• Fundamental Financial Analysis at counterparty credit risk level.
• Risk assessment of credit risk embedded in underwriting transactions.
• Work within Zurich guidelines and risk policy ensuring compliance with all guidance.
• Support senior captive underwriters in assessing, monitoring and reporting on major credit risks.
• Monitor and oversee own portfolio exposure, taking appropriate action to ensure no limits have been breached and full compliance with relevant regulations.
• Ensuring documentation is executed in line with Zurich guidelines and oversight of movement of money
  
  Strong communication skills and the ability to build and maintain relationships to drive business performance.
• Strong organisation and/or project management skills.
• Have an analytical approach and/or experience in a financial analytical role would be beneficial.
• Underwriting experience would be beneficial but not essential as we will provide training and support.
• Knowledge of Global Captives would be beneficial.
• Experience of working with different Lines of business would be beneficial.
• Currently working towards or happy to obtain qualifications such as CII.
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.

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 comprehensive range of training and development opportunities. We're passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we've awarded grants and volunteered time to deserving causes in the UK valued at over £90 million. So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us. #LI-Hybrid

Salary: Up to £40,000 depending on experience + excellent benefit package, The financials
• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.
Time away
• 25 days holiday a year plus bank holidays.
• You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.
Your health is important to us
• Access to Private medical insurance.
• Virtual GP appointments.
• Discounted gym membership.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.
We're making a difference
• Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the 'UN Business Ambition for 1.5 C' pledge.
• Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.