Underwriting Executive

Zurich Insurance Company Ltd. seeks an Underwriting Specialist / Executive Underwriter to evaluate and price complex risks in our Insurance department. You will analyze financial and exposure data, structure coverage terms, and manage a profitable portfolio while ensuring regulatory compliance. Partnering with Risk Management, you'll help design strategies to minimize financial risk for clients. Zurich offers an inclusive, diverse culture that fosters innovation, sustainability, and engagement, and provides a long-term career path in risk management and insurance underwriting.

Responsibilities

• Assess and underwrite new and renewal commercial insurance risks within delegated authority.
• Analyze financial, exposure, and loss data to determine appropriate pricing and terms.
• Structure insurance programs that align with Zurich's risk management and profitability targets.
• Ensure compliance with underwriting guidelines, regulations, and internal controls.
• Collaborate with brokers and clients to negotiate coverage, limits, and conditions.
• Monitor portfolio performance and recommend strategies to optimize risk selection.
• Support development of risk mitigation strategies in partnership with Risk Management.
• Prepare clear documentation, reports, and justifications for underwriting decisions.
• Contribute to underwriting projects that drive innovation and sustainability.
• Mentor junior staff and share best practices within the underwriting team.

Required Skills

• Commercial underwriting
• Risk assessment and modeling
• Insurance policy wording and coverage analysis
• Financial statement analysis
• Regulatory and compliance knowledge
• Pricing and rating tools (e.g., actuarial models)
• Portfolio and exposure management
• Data analysis and Excel/BI tools
• Negotiation with brokers and clients
• Report writing and documentation