Zürich Versicherungs-Gesellschaft AG

Senior Captive Underwriter

📍 Zürich

Role and responsibilities

Contributing to the request for proposal process alongside the sales team, by bringing technical expertise to the ZGEBS proposal. Supporting the implementation process for newly acquired captives, by setting-up the reinsurance program, which includes the reinsurance agreement wording and any credit risk related matters. Providing professional underwriting support to the captives for the onboarding and renewal of any cases being fronted through the ZGEBS network, while ensuring that the ZGEBS profitability targets are met. Using a disciplined approach to risk assessment of new and renewal business of your own portfolio of customers. Playing an active role in promoting the ZGEBS captive expertise externally. This means: Representing ZGEBS in finalist presentations. Exchanging on a regular basis with captive customers. Promoting ZGEBS expertise externally, in professional conferences, with employee benefit consultants. Developing and enhancing the ZGEBS captive proposition. This will be achieved by listening to the demands of the market and aligning them with the objectives of Zurich. Your expertise will directly shape our global solutions and client satisfaction. Evaluating captive protection needs and provide offer in line with ZGEBS profitability and risk appetite. Providing wider underwriting support to the ZGEBS underwriting team is expected, such as deputising other underwriters during their absences.

Team / description

Zurich is a leading multi-line insurer, serving over 82 million customers in more than 200 countries and territories with more than 65,000 employees. For over 150 years, Zurich has been transforming insurance – offering not just protection, but also prevention services that promote well-being and climate resilience. Guided by our purpose to ‘create a brighter future together,’ we aim to be one of the most responsible and impactful businesses in the world.

Qualifications and Skills

  • 6-8 years of practical experience in underwriting employee benefit schemes for Life and/or Health business.

  • Degree in mathematics, finance or similar.

  • Ability to quickly understand and make use of new technical information and analyse datasets used for pricing.

  • Strong analytical and technical skills with a high degree of accuracy in the daily work

  • Exceptional problem solving and decision-making abilities.

  • A team player, who enjoys working in a dynamic and multi-cultural organisation

  • Proficiency in MS Office applications (including Word, PowerPoint; Excel).

  • Strong communication skills. At ease in presenting to and discussing with customers and communicating about technical topics to a wide range of stakeholders, including sales and operation functions and external customers.

  • Experience in setting up reinsurance agreements and a good understanding of reinsurance covers would be an advantage.