Senior Captive Underwriter (Employee Benefits) 80-100%

The Zurich Global Employee Benefits Solutions team help multinational companies find the right financing solutions for their global employee benefit plans. From multinational pooling and captive services to innovative global underwriting programs, we offer multinational companies a holistic approach to risk management and financing solutions, maximizing the value of their global employee benefit plans.

We are looking for a motivated and commercially minded Senior Captive Underwriter to join our dynamic and international environment.  In this role, you will act as the primary point of contact for any technical topics related to our corporate customers, handling complex new and renewal cases as part of a team of Life, Disability, Accident, and Group Medical underwriters. You will be integral in supporting the sales team in winning new customers, setting up reinsurance arrangements, and offering underwriting support to captives. 

What you will do

• 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.

What you bring

• 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.

You belong here. 

Imagine working in one of the world’s most sustainable workplaces. At Quai Zurich Campus , you’ll enjoy an environment designed to help you thrive, with benefits that support your well-being and impact, and opportunities to perform at your best, surrounded by top talent and supportive colleagues.  

You’ll have access to healthy food options, fitness facilities, and bright, collaborative spaces that spark creativity. Located in the heart of Zurich on the shores of Lake Zurich, the campus offers excellent public transportation links, making your commute simple. 

Grow with us through access to learning resources, on-the-job development, and continuous empowerment and support. Be part of a team that is creating a brighter future together. 

About Us 

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. 
We look forward to receiving your online application today!

Information for recruitment agencies

Zurich does not accept any applications from recruitment agencies for this position. We refuse any responsibility for unsolicited applications, as well as any associated fees. 

Why Zurich

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 .

• Location(s):  CH - Zürich 
• Remote working: No
• Schedule: Full Time
• Recruiter name: Mélina Carnal