Market Underwriter

Market Underwriter

Farnborough Full-Time 39600 - 48400 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Market Underwriter, you'll assess and price risks while collaborating with clients in the Public Sector.
  • Company: Join Zurich Insurance, a global leader in insurance and risk management with a commitment to sustainability.
  • Benefits: Enjoy flexible working hours, a generous pension scheme, private medical insurance, and extra holiday options.
  • Why this job: Be part of a diverse team that values creativity, development, and social impact in a dynamic environment.
  • Qualifications: Experience in Motor, Property or Casualty underwriting is essential; strong communication and negotiation skills are a must.
  • Other info: Flexible work arrangements available; we support your professional growth with opportunities for qualifications.

The predicted salary is between 39600 - 48400 ÂŁ per year.

Working hours

This role is available on a part-time, job-share or full-time basis.

Location

UK, Flexible

Closing Date

12th December 2025

The opportunity

Do you have experience in Motor, Property or Casualty underwriting? Are you looking for a new challenge? If so, we would love to hear from you. As a market underwriter in Zurich Municipal, you will be working on all lines of business. Zurich Municipal is a leading provider of insurance and risk management solutions for the public and voluntary sectors. Since 1993 we’ve insured charities, voluntary organisations, housing associations, and the education and public sectors, helping our customers better understand and reduce the risks they face. We provide insurance for organisations of all sizes across the UK, from insuring a large local authority to small community groups. This is a unique opportunity to build your knowledge and experience for the future as all our Underwriters in Zurich Municipal underwrite all lines of business, offering a truly bespoke and personalised service to a range of customers in the Public Sector – from housing to charities. This role will be challenging and there will be a lot to learn; to make sure you are supported all the way you will be joining an experienced team where development is key. There will also be opportunities to obtain qualifications such as CII. This role is available part‑time, job‑share or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full‑time.

What will you be doing?

  • Deliver against underwriting & financial measures as outlined in the plan.
  • Demonstrate market visibility & underwriting expertise.
  • Develop, maintain & collaborate with Line of Business representatives on referrals and other business‑related needs, as appropriate.
  • Qualify accounts to meet with the organisation\’s appetite, consistent with sound business opportunity.
  • Accurately select, assess and price risk in line with underwriting mentorship.
  • Make clear recommendations for market pricing, backed up by strong rationale and confident decision‑making.
  • Have an external presence within the Public Sector visiting our customers regularly ensuring you fully understand their risk & insurance requirements.
  • Serve as a key Zurich contact for our customers.

What are we looking for?

  • Motor, Property or Casualty underwriting experience essential.
  • Excellent communication skills.
  • Strong negotiation skills.
  • Superior skills in relationship building, active listening, needs analysis and win‑win negotiating.
  • Ability to effectively assess risk.
  • Strong knowledge of underwriting philosophy, techniques, national/local filing, regulations and guidelines would be beneficial but not essential.
  • Cert or DiP CII Qualified or actively working towards accreditation.

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.

What happens next?

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.

Our Culture

At Zurich we are proud of our culture. We are passionate about Diversity and Inclusion. We want you to bring your whole self to work we have a diverse mix of customers, and we want our employee base to reflect that. Our diversity and inclusion initiatives are creating an environment where everyone feels welcome regardless of protected characteristics. With the above in mind, we accept applications from everyone regardless of your background, beliefs or culture however we especially welcome applications from women, people from ethnic minorities, people with a disability and people who are LGBT+ as these groups are currently under‑represented in our organisation. We are committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust. We have won numerous awards for our work on Diversity and Inclusion. We are also proud to be nominated for the 2020 Insurance Times award for Diversity and Inclusion. You can read about our awards on our website.

So, make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

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Market Underwriter employer: Zurich Insurance

Zurich Insurance is an exceptional employer, offering a dynamic work environment in Farnborough, Fareham, or Birmingham, where flexibility is embraced through part-time, job-share, and remote options. With a strong focus on employee development, including support for CII qualifications, and a comprehensive benefits package that includes a generous pension scheme and private medical insurance, Zurich fosters a culture of inclusivity, wellbeing, and continuous growth, making it an ideal place for those seeking meaningful and rewarding careers in the insurance sector.
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Contact Detail:

Zurich Insurance Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Market Underwriter

✨Tip Number 1

Familiarise yourself with the specific lines of business Zurich Municipal operates in, such as Motor, Property, and Casualty underwriting. Understanding these areas will allow you to speak confidently about your relevant experience during the interview.

✨Tip Number 2

Prepare examples of how you've successfully assessed and priced risks in previous roles. Be ready to discuss your decision-making process and the rationale behind your recommendations, as this will demonstrate your expertise and confidence.

✨Tip Number 3

Showcase your communication and negotiation skills by preparing for role-play scenarios or case studies that may come up during the interview. This will help you illustrate your ability to build relationships and negotiate effectively with clients.

✨Tip Number 4

Research Zurich's culture and values, particularly their focus on diversity, inclusion, and continuous development. Be prepared to discuss how your personal values align with theirs, as cultural fit is often a key consideration for employers.

We think you need these skills to ace Market Underwriter

Motor Underwriting Experience
Property Underwriting Experience
Casualty Underwriting Experience
Excellent Communication Skills
Strong Negotiation Skills
Relationship Building
Active Listening
Needs Analysis
Win-Win Negotiating
Risk Assessment
Knowledge of Underwriting Philosophy
Understanding of National/Local Filing Regulations
CII Certification or Diploma
Decision-Making Skills
Market Visibility

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your experience in Motor, Property, or Casualty underwriting. Use specific examples that demonstrate your skills and achievements relevant to the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of Zurich Insurance and the public sector. Explain why you are interested in the Market Underwriter position and how your background aligns with their needs.

Highlight Relevant Skills: Emphasise your communication, negotiation, and relationship-building skills in your application. Provide examples of how you've successfully assessed risk and made informed underwriting decisions.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism.

How to prepare for a job interview at Zurich Insurance

✨Showcase Your Underwriting Experience

Make sure to highlight your experience in Motor, Property, or Casualty underwriting during the interview. Be prepared to discuss specific cases where you successfully assessed and priced risks, as this will demonstrate your expertise and suitability for the role.

✨Demonstrate Strong Communication Skills

Effective communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex underwriting concepts. Use examples from your past experiences to illustrate how you've successfully communicated with clients and colleagues.

✨Prepare for Relationship Building Questions

Since relationship building is crucial for this position, be ready to answer questions about how you establish and maintain relationships with clients. Think of examples where your active listening and negotiation skills led to successful outcomes.

✨Understand Zurich's Values and Culture

Familiarise yourself with Zurich's commitment to diversity, inclusion, and sustainable impact. During the interview, express how your personal values align with theirs and how you can contribute to their culture, which will show that you're not just a fit for the role but also for the company.

Market Underwriter
Zurich Insurance
Location: Farnborough
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