Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join a dynamic team to underwrite global employee benefit plans and support innovative financing solutions.
- Company: Zurich, a leading global insurer with a commitment to diversity and inclusion.
- Benefits: Flexible working options, competitive pension scheme, annual bonuses, and private medical insurance.
- Why this job: Make a real impact in a global context while developing your skills in a supportive environment.
- Qualifications: Experience in underwriting and a degree in mathematics or finance is preferred.
- Other info: Be part of a community-focused company that values wellbeing and continuous improvement.
The predicted salary is between 60000 - 80000 £ per year.
Working hours: This role is available on a part-time, job-share or full-time basis.
Location: London.
The opportunity:
The Zurich Global Employee Benefits Solutions team help multinational companies find the right financing solutions for their global employee benefit plans. From multinational pooling and captive services to innovative global underwriting programs, we offer multinational companies a holistic approach to risk management and financing solutions, maximizing the value of their global employee benefit plans.
We are looking for a motivated and commercially minded Senior Captive Underwriter to join our dynamic and international environment. In this role, you will act as the primary point of contact for any technical topics related to our corporate customers, handling complex new and renewal cases as part of a team of Life, Disability, Accident, and Group Medical underwriters. You will be integral in supporting the sales team in winning new customers, setting up reinsurance arrangements, and offering underwriting support to captives. This position can be based in either Zurich or London, providing a fantastic opportunity to work in a truly global context.
What will you be doing?
- Contributing to the request for proposal process alongside the sales team, by bringing technical expertise to the ZGEBS proposal.
- Supporting the implementation process for newly acquired captives, by setting-up the reinsurance program, which includes the reinsurance agreement wording and any credit risk related matters.
- Providing professional underwriting support to the captives for the onboarding and renewal of any cases being fronted through the ZGEBS network, while ensuring that the ZGEBS profitability targets are met.
- Using a disciplined approach to risk assessment of new and renewal business of your own portfolio of customers.
- Playing an active role in promoting the ZGEBS captive expertise externally.
- Developing and enhancing the ZGEBS captive proposition.
- Evaluating captive protection needs and provide offer in line with ZGEBS profitability and risk appetite.
- Providing wider underwriting support to the ZGEBS underwriting team is expected, such as deputising other underwriters during their absences.
What are we looking for?
- Practical experience in underwriting employee benefit schemes for Life and/or Health business.
- Degree in mathematics, finance or similar.
- Ability to quickly understand and make use of new technical information and analyse datasets used for pricing.
- Strong analytical and technical skills with a high degree of accuracy in the daily work.
- Exceptional problem solving and decision-making abilities.
- A team player, who enjoys working in a dynamic and multi-cultural organisation.
- Proficiency in MS Office applications (including Word, PowerPoint; Excel).
- Strong communication skills.
- Experience in setting up reinsurance agreements and a good understanding of reinsurance covers would be an advantage.
What will you get in return?
Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 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.
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.
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’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 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.
So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.
Senior Captive Underwriter in London employer: Zurich Insurance Company
Contact Detail:
Zurich Insurance Company Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Captive Underwriter in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance industry, especially those who work at Zurich or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Since you'll be dealing with complex underwriting topics, make sure you can confidently discuss your experience and how it aligns with Zurich's needs.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Be ready to share examples of how you've tackled challenges in underwriting or risk assessment. This will demonstrate your analytical abilities and fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in being part of the Zurich team.
We think you need these skills to ace Senior Captive Underwriter in London
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Captive Underwriter role. Highlight your experience in underwriting employee benefit schemes and any relevant technical skills that match what we're looking for.
Showcase Your Expertise: Don’t shy away from demonstrating your knowledge of reinsurance agreements and risk assessment. We want to see how your expertise can contribute to our team, so be specific about your past experiences and successes.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to explain your qualifications and why you’re a great fit for the role. We appreciate clarity and precision!
Apply Through Our Website: For the best chance of success, make sure to apply through our official website. This way, your application will go directly to us, and we can review it promptly. We can't wait to hear from you!
How to prepare for a job interview at Zurich Insurance Company
✨Know Your Underwriting Inside Out
Make sure you brush up on your knowledge of underwriting employee benefit schemes, especially in Life and Health. Be prepared to discuss specific cases you've handled and how you approached risk assessment. This will show your technical expertise and confidence in the subject.
✨Showcase Your Analytical Skills
Since strong analytical skills are crucial for this role, come ready with examples of how you've used data analysis in your previous positions. Think about how you can demonstrate your ability to quickly understand new technical information and make informed decisions based on datasets.
✨Prepare for Technical Discussions
Expect to engage in conversations about complex underwriting topics. Brush up on reinsurance agreements and be ready to explain how you've set them up in the past. This will not only highlight your experience but also your ability to communicate technical details clearly to various stakeholders.
✨Emphasise Team Collaboration
This role requires a team player who thrives in a multicultural environment. Prepare to share experiences where you've successfully collaborated with sales teams or other departments. Highlight your communication skills and how you've contributed to achieving common goals.