Underwriting Assistant - Financial Institutions

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135831

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 world's 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.

You’ll get a front‑row seat to how global finance really works and build technical expertise that’s 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 aren’t 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 aren’t 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 don’t tick every box above.

What you’ll get

We invest in our people because we know great careers are built on great support. Join us and you’ll 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 we’ll 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?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee…