Underwriting Assistant Financial Institutions
Job Summary
Underwriting Assistant Financial Institutions
Working hours: This role is available on a part-time job-share or full-time basis.
Location: A commitment to work from our London Mark Lane office 2 to 3 times a week
The opportunity:
Start your underwriting career with Zurich
Ready to build a career in one of the most dynamic corners of the London insurance market Join our Financial Institutions (FI) underwriting team and help protect some of the worlds most complex and high-profile clients with the training mentoring and progression to grow into a fully-fledged underwriter
Why Financial Institutions
Our clients are the organisations that power the global economy: international banks asset managers insurers private equity firms fintechs payment providers and crypto exchanges. The risks they face are complex fast-moving and often make the headlines from AI threats and regulatory enforcement to executive liability cyber and financial crime.
Youll get a front-row seat to how global finance really works and build technical expertise thats genuinely in demand.
Many of our employees work flexibly in a variety of different ways including part-time flexible hours job share an element of working from home or compressed hours. This is because we want the best people for our roles and we recognise that sometimes those people arent available full-time. Please talk to us at interview about the flexibility you may need.
What will you be doing
As an Underwriting Assistant within the Financial Institutions team you will:
Underwriting and Risk Analysis
Analyse new and renewal submissions alongside experienced underwriters
Review financial data loss records and risk information to identify key exposures
Prepare referral packs for underwriters
Contribute to rating and pricing decisions using our underwriting tools
Broker and Market Engagement
Build broker relationships as a trusted day-to-day point of contact
Respond to broker queries and drive follow-ups to completion
Deliver quotes endorsements and renewal documentation accurately and on time
Portfolio and Business Management
Contribute to portfolio reviews and produce reporting insights
Participate in driving profitable growth across the portfolio
Operations and Continuous Improvement
Process risks endorsements and documentation with accuracy and pace
Ensure data quality in our underwriting systems
Champion process improvements and share ideas that make us better
What are we looking for
- Curiosity about financial services and a genuine interest in how businesses manage risk
- A sharp eye for detail and confidence working with numbers and complex information
- Clear communication skills you can explain things simply in writing or on a call
- A collaborative mindset and enjoy building strong relationships across teams
- A proactive approach you spot opportunities and arent afraid to suggest improvements
- A long-term interest in building a career in specialty underwriting
- A commitment to work from our London Mark Lane office 2 to 3 times a week
Previous experience in insurance financial services or a numerate field is welcome but not essential. We welcome applications from candidates of all backgrounds even if you dont tick every box above.
What youll get
We invest in our people because we know great careers are built on great support. Join us and youll enjoy:
- Professional qualifications full sponsorship for CII/ACII study including exam fees study leave and materials
- Structured development tailored onboarding technical training and mentoring from experienced underwriters
- A clear career path many of our Underwriting Assistants progress into Underwriter roles and well help you get there
- London Market exposure hands-on experience with global clients brokers and complex risks from day one
- Competitive rewards market-aligned salary annual bonus pension private medical cover and wider wellbeing benefits
What will you get in return
Everyones different. Thats why at Zurich we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme annual company bonus private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday alongside a range of other flexible benefits
You can find out more about our wide range of employee benefits on our website.
Who we are:
At Zurich we aspire to be one of the most responsible and impactful businesses in the world. Together were creating a brighter future for our customers our people and our planet.
With over 65000 employees youll feel the support of being part of a strong and stable company that is a long-standing player in the insurance industry.
Weve made a promise to each other and every employee: to focus on sustainable impact to care about each others wellbeing to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.
If youre interested in working in a dynamic and challenging environment where your creativity ideas and contributions are recognised and rewarded Zurich could be just the place for you. Be part of something great.
Our culture:
At Zurich our strength comes from the diverse experiences perspectives and talents of our people. Our goal is to create a workplace where every employee can flourish and where everyone feels valued heard and respected.
Over a quarter of our employees are members of at least one of our inclusion communities (Employee Resource Groups) with groups focused on areas such as social mobility and cultural awareness. Were proud to have received numerous industry awards recognising our diversity and inclusion policies and initiatives.
Weve created an environment that places real importance on our peoples wellbeing from a physical mental social and financial perspective. We work with our wellbeing partners and industry experts to provide practical advice and access to a wide range of lifestyle support alongside opportunities to learn grow and develop the skills needed for the future.
We actively support our employees to give back to their communities through volunteering and charitable activity. Our charitable arm Zurich Community Trust is one of the longestestablished corporate trusts in the UK. Together weve supported causes across the UK through grants and volunteering contributing over 100 million in funding and volunteered time.
Your application:
Were committed to treating all applicants fairly and with respect irrespective of their actual or assumed background sexual orientation disability or any other protected characteristic.
As an inclusive employer we also want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. Youll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.
Wed love it if you could submit your application online. If you require an alternative method of applying please send an email to
So make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us. #LI-Hybrid
Required Experience:
Junior IC