Underwriter OR Underwriting Specialist

Zurich Insurance Company Ltd. is seeking an Underwriter / Underwriting Specialist to join our Banking, Insurance & Investment team. In this role, you will evaluate and price complex commercial risks, structure coverage, and manage a profitable portfolio aligned with Zurich's global underwriting standards. You will analyze financials, exposures, and loss histories, negotiate terms with brokers and clients, and collaborate with actuarial, claims, and risk engineering experts. Zurich offers a collaborative, inclusive culture with strong focus on sustainability, continuous learning, and long-term career growth, giving you exposure to diverse industries and modern insurance solutions.

Responsibilities

• Evaluate and underwrite new and renewal insurance submissions in line with Zurich's risk appetite and profitability targets.
• Analyze financials, exposures, and loss histories to determine terms, pricing, and coverage structure.
• Negotiate terms and conditions with brokers and clients while maintaining strong relationships.
• Manage and grow a balanced, profitable underwriting portfolio within assigned authority levels.
• Collaborate with actuarial, claims, and risk engineering teams to refine risk selection and pricing.
• Ensure compliance with internal underwriting standards and external regulatory requirements.
• Contribute to product development, pricing initiatives, and continuous process improvement.
• Provide clear documentation, referrals, and reporting to support sound underwriting decisions.

Required Skills

• Risk assessment and analysis
• Underwriting guidelines and pricing models
• Insurance policy wording and coverage design
• Financial statement and ratio analysis
• Industry-specific risk knowledge (commercial & corporate)
• Regulatory and compliance knowledge in insurance
• Data analysis and use of underwriting tools
• Broker and client relationship management
• Portfolio management and profitability monitoring
• Advanced Excel and insurance systems (e.g., policy admin, rating tools)