Underwriter Cyber

Dubai, United Arab Emirates

Job Description

Job SummaryZurich 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 210 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 an Underwriter - Cyber, to analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high-level service to customers.Job AccountabilitiesAs Underwriter - Cyber, your role will involve:
  • Underwrite and analyze new and renewal business utilizing The Zurich Way of Underwriting framework and within delegated authority levels on assignment of higher technical complexity and coordination.
  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
  • Develop, maintain & collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate.
  • May provide guidance to lower-level associates.
  • 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.
  • Supports the sales culture by being a Help Point for agents, brokers, and customers.
  • Proactively seek renewal and new account opportunities.
  • Complete detailed opportunity assessment with key distributors to identify growth opportunities.
  • Qualify accounts to meet with the organization\'s appetite, balanced with sound business opportunity.
  • Make 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.
  • Participate in Sales Team meeting as related to assigned brokers and / or territory.
  • 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 Zurich contact for assigned target accounts.
  • Calculate Target Price accurately by utilizing underwriting tools appropriately.
  • Measure exposures/analyze risk.
  • Quote and set coverage, negotiate terms and conditions.
  • Service accounts, handles declinations/cancellations.
  • Participate in marketing presentations to assigned agents/brokers.
  • Provide technical advice that enables a customer to solve a problem or improve business.
  • Develop and maintain positive customer relationships by meeting regularly with customers when no specific initiative is underway.
  • Anticipate customer needs, monitor trends in order to recommend changes.
Job QualificationsTo be successful in this role, you will need:
  • Bachelor\'s degree (or equivalent) and 5 or more years of experience with at least 3 years of experience in Cyber Underwriting.
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
  • Excellent communication skills.
  • In-depth knowledge of line(s) of business and the legal and regulatory guidelines.
  • Strong negotiation skills.
  • Ability to effectively assess risk.
  • Strong knowledge of underwriting philosophy, techniques, national/local filing, regulations, and guidelines.
  • Superior skills in relationship building, active listening, needs analysis and win-win negotiating.
  • Solid knowledge of processing methods and workflow procedures, and basic knowledge of insurance underwriting and regulations for assigned territories.
Why ZurichAt 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 .
  • Location(s): AE - Dubai
  • Remote working: No
  • Schedule: Full Time
  • Recruiter name: Leigh Jeremy Jaye Santander

Zurich

Beware of fraud agents! do not pay money to get a job

MNCJobsGulf.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD1674972
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned