Underwriter - Onshore Energy

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 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

As Underwriter - Onshore Energy, your role will involve:

• Independently assess and price medium complexity risks, set and negotiate terms and conditions in accordance with the Underwriting Guidelines and close deals.
• Will have a moderate level of Underwriting Authority and will seek empowerment from higher proficiency level Case Underwriters where required with a good rationale.
• Will perform other Underwriting tasks, including account servicing, the preparation of documentation and updating systems.
• Will have a good understanding of how the accounts they work on fit into the broader Underwriting strategy.
• Will be required to have frequent engagement with distributors (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 or brokers.

Job Qualifications

To be successful in this role, you will need:

• Bachelor's Degree or Equivalent and a minimum of 5 years of experience in Underwriting with exposure to Energy lines of business, particularly Onshore.
• Must have developed and have an existing network of Brokers in the Middle East and surrounding International Markets.
• Must have a good understanding of Treaty Reinsurance Protection and Facultative Reinsurance.
• 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