Credit Underwriter in London

Credit Underwriter in London

London Part-Time 63000 - 77000 £ / year (est.) Hybrid
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At a Glance

  • Tasks: Underwrite complex Trade Credit risks and build strong broker relationships.
  • Company: Join a leading insurance company with a focus on diversity and inclusion.
  • Benefits: Competitive salary, excellent benefits, flexible working options, and a supportive environment.
  • Other info: Dynamic team culture with opportunities for professional growth and community involvement.
  • Why this job: Make a real impact in the insurance industry while developing your career.
  • Qualifications: Experience in Trade Credit underwriting and strong financial analysis skills.

The predicted salary is between 63000 - 77000 £ per year.

This role is available on a part-time, job-share or full-time basis. Salary: Competitive salary plus an excellent benefits package! Hybrid working with at least 3 days in our Mark Lane office. Closing date for applications: 11th November 2026.

Are you an Underwriter or Senior Underwriter with experience in Trade Credit? Whether you're looking to take the next step in your underwriting career or you're an experienced Senior Underwriter seeking a fresh challenge, this is an exciting opportunity to join our London Market Surety & Trade Credit team. You'll play a key role in driving profitable growth, building strong broker relationships and shaping the continued success of our Trade Credit business.

Joining our Global Specialties business in London, you'll be a key member of our Trade Credit & Surety team, helping to grow and develop our portfolio by delivering exceptional service, market insight, and underwriting expertise to brokers and customers.

As a Trade Credit Underwriter, you'll take on significant responsibility for underwriting complex Trade Credit risks across a diverse range of industry sectors, ensuring every decision aligns with our underwriting strategy, risk appetite, authorities, and pricing frameworks. Leveraging your strong credit and financial analysis capabilities, you'll assess buyer and debtor risk, support brokers and customers with tailored solutions, and contribute directly to the achievement of our Trade Credit business's strategic and operational objectives.

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.

Key Responsibilities:

  • Underwriting within individual underwriting authority and providing recommendations for approval by credit committee for facilities outside of individual underwriting authority.
  • Participation on credit committees with authority alongside other credit committee members to approve larger facilities underwritten by the team.
  • Negotiate wordings, structures, facilities and limits in the structured credit space.
  • Identifying and developing new Trade Credit and Structured Credit products and target segments.

Qualifications:

  • Proven experience underwriting Trade Credit business, with a strong understanding of credit risk assessment and portfolio management.
  • Strong financial and commercial acumen, with the ability to analyse financial statements, market intelligence, and economic trends to make sound underwriting decisions.
  • Excellent understanding of Trade Credit insurance products, policy structures, and coverage wordings.
  • Strong relationship-building skills, with a collaborative approach to working with brokers, customers, and internal stakeholders.
  • Proven ability to identify profitable growth opportunities while maintaining strong underwriting discipline.
  • Ideally, an established network of broker and market relationships within the UK Trade Credit and broader Commercial Insurance market.

Our benefits include a 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: With over 65,000 employees, you'll feel the support of being part of a strong and stable company that is 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.

At Zurich, our strength comes from the diverse experiences, perspectives and talents of our people. Over a quarter of our employees are members of at least one of our inclusion communities (Employee Resource Groups), with groups focused on areas such as social mobility and cultural awareness. We're proud to have received numerous industry awards recognising our diversity and inclusion policies and initiatives.

We've created an environment that places 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 practical advice and access to a wide range of lifestyle support, alongside opportunities to learn, grow and develop the skills needed for the future. We actively support our employees to give back to their communities through volunteering and charitable activity.

Our charitable arm, Zurich Community Trust, is one of the longest‐established corporate trusts in the UK. We're committed to treating all applicants fairly and with respect, irrespective of their actual or assumed background, sexual orientation, disability or any other protected characteristic.

We'd love it if you could submit your application online.

Credit Underwriter in London employer: Zurich Insurance Group

Zurich UK is an exceptional employer that prioritises flexibility and employee wellbeing, offering part-time, job-share, and full-time options to accommodate diverse needs. With a strong commitment to diversity and inclusion, employees are encouraged to grow through transparent internal mobility and access to various development opportunities. The supportive work culture fosters collaboration and innovation, making it an ideal place for professionals looking to make a meaningful impact in the field of exposure management.

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Contact Details:

Zurich Insurance Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Credit Underwriter in London

✨Hit Up Local Insurance Events

Get yourself to local insurance meetups or networking events! These are goldmines for part-time positions, plus you get to connect with industry professionals who might just know about openings at places like Zurich Insurance Group. Don’t forget to chat up everyone – you never know who might have the inside track!

✨Join Insurance Communities

Dive into insurance forums or online communities. Places like LinkedIn groups or even specialty sites related to insurance are perfect for finding part-time gigs. Ask questions, share your goals, and let folks know you’re on the lookout – community members often share job leads that aren’t advertised widely.

✨Consider Remote Opportunities

Part-time roles can sometimes be remote, which opens up even more doors. Check out remote job boards specifically for insurance roles or on company websites like Zurich Insurance Group. You’d be surprised at how flexible some insurers are with part-time work!

✨Polish Your Cover Letter and Apply Directly

When you find a gig that’s a good fit, don’t just submit a standard application – tailor your cover letter to highlight your relevant skills and enthusiasm for the insurance industry. And hey, be sure to apply through our website! We love seeing strong candidates taking that extra step.

We think you need these skills to ace Credit Underwriter in London

Communication Skills
Problem-Solving Skills
Flexibility
Adaptability
Compassion
Teamwork
Organizational Skills

Some tips for your application 🫡

Highlight Your Insurance Knowledge:When applying for a part-time role in insurance, make sure to showcase any relevant knowledge or experience you have. This could include coursework, internships, or even personal projects related to risk assessment. The more you can emphasise your understanding of insurance products and principles, the better!

Tailor Your CV to Stand Out:Your CV should reflect not only your work history but also any certifications or courses you’ve completed in the insurance field. If you have any industry-specific qualifications such as CII (Chartered Insurance Institute), be sure to include them. Customise your CV for the role at Zurich Insurance Group by focusing on skills like communication and analytical thinking.

Express Your Availability and Flexibility:As you’re applying for a part-time position, it’s important to be clear about when you can work. Mention your availability in your cover letter to ensure Zurich Insurance Group knows you’re ready to jump in and assist their team. Flexibility can be a big plus in this industry!

Show Your Willingness to Learn:In your application, don’t hesitate to express your eagerness to grow within the insurance field. Highlight any ways you've actively sought to learn more about the industry, whether through courses, workshops, or reading up on the latest trends. This shows your commitment and can make your application pop!

How to prepare for a job interview at Zurich Insurance Group

✨Understand the Technical Basics

Make sure you're up to speed with the basic concepts of insurance, like risk assessment, policy types, and claims processing. We can’t stress enough how important it is to demonstrate that you grasp these fundamentals, as they often come up in interviews for roles like Credit Underwriter at Zurich Insurance Group.

✨Showcase Your Customer Service Skills

In the insurance industry, interaction with clients is key. Be prepared to share examples of how you’ve handled customer queries or complaints, especially in a part-time capacity. We want to see that you can build rapport and deliver clear explanations—this can make or break your chances at Zurich Insurance Group.

✨Prepare for Scenario-Based Questions

You might face questions that put you in specific situations, e.g., 'How would you handle a dissatisfied customer?' Practice thinking through these scenarios so you can showcase your problem-solving skills and customer service knowledge fluidly when asked during the interview.

✨Flexibility and Availability is Key

As a part-time candidate, it's crucial to be clear about your availability during the interview. We should highlight that we're eager to fit into the team’s schedule while adapting to peak times or unusual circumstances in the insurance sector—show that you're committed to working alongside them effectively.