Underwriting Lead MGA Governance (80-100%)

Your Role

This role is critical to ensure the profitability and growth of the MGA business in Europe.

As the Underwriting Lead for MGA Governance, you will utilize your strong business acumen and underwriting experience to evaluate new and existing business opportunities, ensuring a robust UW framework with a clear risk appetite exists for our Managing General Agent business in Europe.

UW Knowledge:

Utilize strong business acumen and underwriting experience to review, assess and make recommendations regarding the coverage, structure, products and overall fit of new and existing MGA business opportunities including:

• Capabilities to perform due diligence and assess product offerings including those not necessarily currently underwritten by Country
• Ability to seek out and engage other SME’s (Global, other countries, UW Excellence, etc) to further assess business opportunities
• Capability to prepare overall opportunity draft for engagement with CI as well with Country CUO and CEO warranting of their attention
• Ability to identify and where appropriate, resolve channel conflicts
• In conjunction with Pricing & Performance management assess potential profitability

Quality & Governance (Compliance):

Responsibility for design, control and implementation of best practice underwriting related quality and governance standards and guidelines including:

• Identification of resolution of any external regulatory or internal compliance related needs and challenges
• Appropriate authority issuance established and delegated to MGA as necessary
• Oversight of the assurance related plan (including TUR’s, Spot Checks, etc) as necessary
• Establishment of best practice
• Serve as point for referral related activities

Monitoring Relationship:

Develop and maintain profitable and trust based relationship including:

• Interface between MGA, business unit stakeholders, country, internal functions such as Sales, Global Technical UW, Group Re, Finance, IT, Pricing & Legal
• Successful on-boarding, including agreement sign-offs,
• Supporting the continuous improvement of the MGA’s business and marketing effectiveness to drive high quality solutions and further improve the brand

Key Skills and Requirements

As the Underwriting Lead for MGA Governance your skills and qualifications will ideally include:

Key Skills:

• Broad and diverse prior underwriting experience
• Executive Presence
• Appreciation for strong governance
• Strategic thinker with strong operational and organizational skills
• Strong oral and written communication skills
• Independent and objective
• Collaborative

Job Requirements:

• Bachelor’s Degree
• 5 or more years of multi-line underwriting and or insurance product development
• Knowledge and appreciation of legal and regulatory, governance and quality assurance related matters
• Strong risk assessment experience
• Solid work processing methods
• Fluent in English, additional languages a plus
• Ability to travel
• Numerate with prior portfolio management experiences

Additional Information

Primary work location is Zurich, Switzerland. The travel requirement is up to 20%. If you value an exciting and varied working environment and meet the above requirements, then our recruiter Patrick Weymann is looking forward to receiving your application by clicking on the button “Apply online”.

You can find additional information about Zurich as an employer and about the candidate journey on our career site.

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Who we are

Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.

Information for recruitment agencies

Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents neither via our employees nor through our online career portal.

We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.

Primary Location:Switzerland-Zurich-Zurich

Schedule:Full-time

Travel:Yes, 20 % of the Time

Job Posting:10/01/18

Unposting Date:Ongoing