Group Risk Underwriter

About the role

As a Group Risk Underwriter you will join a team of six‑plus underwriters reporting to the Group Risk Actuary within Zurich’s Corporate Life and Pensions Proposition team. You will underwrite new and existing group risk schemes – including Group Life, Income Protection and Group Serious Illness – in line with the company’s risk appetite, pricing guidelines and regulatory requirements.

Key responsibilities

• Assess and underwrite group risk cases within delegated authority, setting appropriate terms, conditions, exclusions and loadings.
• Prepare and review quotations, renewals and rate reviews, ensuring accuracy and consistency.
• Contribute to pricing bases and rating tools, supporting portfolio profitability and growth.
• Monitor portfolio performance and claims experience, working closely with distribution, sales, brokers and client relationship managers.
• Participate in client and broker meetings to explain underwriting decisions and support negotiations.
• Provide underwriting input for product development, tender responses and large or complex case deals.

Required profile

• 5+ years of underwriting experience in group risk or employee benefits such as group life, disability or critical illness.
• Strong understanding of group risk selection principles, pricing approaches and portfolio management.
• Proven ability to handle complex, large‑scale group schemes, including renewals and experience‑rated cases.
• Ability to interpret data on claims experience, demographics and industry risk factors.
• Excellent communication, relationship and negotiation skills with brokers and corporate clients.
• High attention to detail, accuracy and strong organisational capabilities.

Required skills

• Spreadsheets
• Rating tools