At a Glance
- Tasks: Underwrite complex Trade Credit risks and drive business success in a dynamic team.
- Company: Join Zurich, a leader in the Commercial Insurance sector with a flexible work culture.
- Benefits: Enjoy a competitive salary, 12% pension scheme, annual bonus, and private medical insurance.
- Other info: Collaborative environment with opportunities for professional growth and development.
- Why this job: Make a real impact in the London Market while enjoying flexible working options.
- Qualifications: Experience in underwriting for Banking/Financial Institution clients and strong financial analysis skills.
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 – hybrid working with at least 3 days in our Mark Lane office.
Closing date for applications: 26th May 2026
The opportunity
Are you an experienced Trade Credit underwriter, ready to take the next step? Do you want to play a pivotal role in driving the success of our business at the heart of the London Market? If so, we would love to hear from you! Joining our Commercial Insurance business in London, you’ll be a key member of our Trade Credit Underwriting team, helping to grow our portfolio by delivering exceptional service and underwriting expertise to brokers and customers.
As a Senior Underwriter, you’ll take on significant responsibility for underwriting complex contract and commercial Trade Credit risks, ensuring every decision aligns with our strategies, guidelines, authorities, and pricing frameworks. Your expertise will make a direct impact on the achievement of our 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. Please talk to us at interview about the flexibility you may need.
What will you be doing?
- Structured credit underwriting within individual underwriting authority and for providing recommendations for approval by credit committee for large multinational and financial institution clients, reviewing MRPA agreements and participation slips.
- Participation on credit committees with authority alongside other credit committee members to approve larger facilities underwritten by Zurich’s Trade Credit team.
- Negotiate wordings for new and existing clients including negotiations with external solicitors.
- Act as referral point for other members of the team where authorities are appropriate.
- Develop a pipeline of new business, internal Zurich relationships, cross selling, broker relationships and direct business.
- Identifying and developing new products and target segments.
- Implementing new operational improvements.
What are we looking for?
- Proven experience in underwriting for Banking/Financials Institution clients.
- Strong financial analysis skills, with the ability to review and interpret financial statements to assess the creditworthiness of clients.
- Solid understanding of bank financing solutions RCF’s, Supply chain financing and how they apply in practice.
- Collaborative approach and a strong team player.
- In-depth knowledge of wordings and associated documentation.
- Ideally, a well‑established network of contacts within the UK market.
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, alongside a range of other flexible benefits.
Equal Employment Opportunity
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.
Senior Underwriter (Trade Credit) employer: Zurich Insurance
At Zurich, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values flexibility and inclusivity. Our London office fosters collaboration and innovation, providing employees with opportunities for professional growth while enjoying a comprehensive benefits package tailored to individual needs. Join us as a Senior Underwriter and be part of a team that not only drives business success but also prioritises your well-being and career development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Underwriter (Trade Credit)
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant LinkedIn groups, and don’t be shy about reaching out to current employees at Zurich. A friendly chat can sometimes lead to opportunities that aren’t even advertised!
✨Show Off Your Expertise
When you get the chance to meet potential employers or during interviews, make sure to highlight your experience in underwriting and financial analysis. Share specific examples of how you've tackled complex risks and contributed to business growth – this will set you apart from the crowd!
✨Be Ready to Discuss Flexibility
Since Zurich values flexible working arrangements, be prepared to discuss what flexibility means for you. Whether it’s part-time hours or hybrid working, showing that you’re open to different arrangements can make you a more attractive candidate.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll find all the latest job openings and updates there, so keep checking back!
We think you need these skills to ace Senior Underwriter (Trade Credit)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Underwriter role. Highlight your experience in Trade Credit underwriting and any relevant financial analysis skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Share specific examples of your achievements in underwriting and how you can contribute to our success at Zurich.
Showcase Your Collaborative Spirit:We value teamwork here at StudySmarter, so make sure to highlight your collaborative approach in your application. Mention any experiences where you've worked closely with others to achieve common goals, especially in underwriting or financial contexts.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company culture and values.
How to prepare for a job interview at Zurich Insurance
✨Know Your Underwriting Inside Out
Make sure you brush up on your underwriting knowledge, especially around Trade Credit. Be prepared to discuss complex contract risks and how you would approach underwriting for multinational clients. This shows you’re not just familiar with the basics but can handle the intricacies of the role.
✨Showcase Your Financial Analysis Skills
Since strong financial analysis skills are crucial, practice interpreting financial statements and assessing creditworthiness. Bring examples from your past experience where your analysis made a significant impact on underwriting decisions. This will demonstrate your expertise and confidence in the area.
✨Prepare for Negotiation Scenarios
Expect to discuss negotiation strategies, especially regarding wordings and agreements. Think of specific instances where you successfully negotiated terms with clients or solicitors. This will highlight your ability to navigate complex discussions and secure favourable outcomes.
✨Emphasise Your Collaborative Spirit
As a Senior Underwriter, teamwork is key. Be ready to share examples of how you’ve worked collaboratively in previous roles, particularly in credit committees or cross-selling initiatives. This will show that you’re not just a lone wolf but a team player who can contribute to the overall success of the business.