Junior Underwriter

4 days ago


Dubai, Dubai, United Arab Emirates Zurich 56 Company Ltd Full time
Job Summary

Zurich is one of the world's leading insurance groups, and one of the few to operate on a global basis. Our mission is to help our customers understand and protect themselves from risk. With around 55,000 employees serving customers in more than 215 countries and territories, we aspire to become the best global insurer as measured by our shareholders, customers, and employees. We help individuals, small and medium sized companies and global corporations around the world understand and protect themselves from risk by offering a wide range of insurance products, solutions, and advisory services.

Commercial Insurance Middle East is looking for Junior Underwriter – Engineering Lines to join our team and play a key role in our Middle East Team. Reporting to the Underwriting Manager, this individual will analyze and underwrite new and renewal business, regularly interacting and facing the market, under limited supervision, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of moderate technical complexity ensuring a high-level service to customers.

Job Accountabilities

As Junior Underwriter - Engineering, your role will involve:

  1. Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  2. Develop, maintain & collaborate with Line of Business representatives and other business-related needs, as appropriate.
  3. Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and work with customers and distributors (agents & brokers) to determine their insurance-related needs and provide solutions.
  4. Support the organization's sales culture by being a Help Point for agents, brokers, and customers.
  5. Proactively seek renewal and new account opportunities.
  6. Complete detailed opportunity assessments with key distributors to identify growth opportunities.
  7. Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
  8. Make broker/customer and on-site calls with a planned and well-prepared purpose.
  9. Cross-Sell other lines of business to increase the organization's product density with the account.
  10. Promote the organization's products and services in order to increase penetration with agency plant.
  11. Update required systems with details of broker/client visits and account statuses within specified time frame.
  12. Resolve technical problems by referring to policies, procedures, specifications.
  13. Serve as key contact for assigned target accounts. Measure exposures/analyze risk, quote and set coverage, negotiate terms and conditions.

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right?

We are an equal opportunity employer who knows that each employee is unique - that's what makes our team so great Join us as we constantly explore new ways to protect our customers and the planet.

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