Senior Underwriter - Engineering

Job Summary

Job Accountabilities

• As Senior Underwriter - Engineering Lines, your role will involve:
• Working under minimal direction, underwrite and analyze new and renewal business within delegated authority levels of highly complex assignments.
• Demonstrate specialized knowledge and expertise in products and industry.
• Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manuals.
• Work at the highest authority limits on assignments utilizing the highest degree of technical complexity and coordination. Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
• Contribute to the development of propositions. Provide technical guidance, assistance, and training to lower level underwriters.
• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors and brokers to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
• Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Sponsor / lead product development.
• Drive/manage how Business Unit will deal with emerging issues.
• Provide expertise on coverage issues with claims.
• Handle & review large/complex underwriting submissions and annual underwriting reviews.
• Benchmark and establish best practices.

Job Qualifications

• To be successful in this role, you will need:
• Bachelor's Degree or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area
• Advanced knowledge and practice of line/s of business
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines

• Advance Negotiation Skills

• Ability to effectively assess risk
• Ability to work in a team-based environment
• Knowledge of time restraints for quotes on new and renewal business
• Strong presentation skills and experience with Microsoft Office tools

Collaborate Together

Why Zurich

• Location(s): AE - Dubai

• Remote working: Hybrid

• Employment Type: Permanent - Full Time

• Recruiter name: CI ME, HR Team