Underwriter - Marine

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.

We are looking for a Underwriter - Marine to join and support our Middle East Team. This individual will analyze and underwrite new and renewal business, utilizing The Zurich Way of Underwriting Framework ensuring a high level of service to customers.

Job Accountabilities - Key Accountabilities

As Underwriter - Marine, your role will involve:

• Independently assess and price marine risks, set and negotiate terms and conditions in
  accordance with the Underwriting Guidelines and work towards closing deals, be them new business or renewals.
• Will have moderate level of Underwriting Authority and will seek empowerment from higher proficiency level Case Underwriters where required by preparing referrals with substantiated rationale. 
• Will perform other Underwriting tasks, including account servicing, the preparation of documentation and updating systems.
• Will have a good understanding of account management and view them in light of the broader Underwriting strategy.
• Will likely have frequent engagement with distributors (agents brokers) during the Underwriting process and will proactively seek new business opportunities.
• Will anticipate customer needs and be able to handle and resolve a range of queries from
  customers brokers.
• Should should be knowledgeable of Marine Liability (SRLL, Port Liability, Marina Liability, FFL, etc.) but must also be open to deal with other Marine sub-lines such as Cargo, Project Cargo, Fine Arts & Species and Jewellers Block.

Job Qualifications

To be successful in this role, you will need:

• Bachelor's Degree or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area. 
• Knowledge of underwriting guideines, philosophy, techniques, and national/local filing regulations
• Ability to effectively assess risk, risk insights
• Ability to work in a team-based environment
• Knowledge of time restraints for quotes on new and renewal business
• Excellent communication, problem solving, negotiation and presentation skills
• Experience with Microsoft Office tool and digital literate

Zurich Values