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United Kingdom (UK) 🛡️ UK Work Eligibility 💼 Company - Private
Zurich Insurance - Commercial Underwriting Apprentice 2023 - London
Zurich Insurance ✓ Verified Employer

Commercial Underwriting Apprentice 2023 - London

Verified Base Compensation
£20,000 - £20,000 / year
£1,667 - £1,667 / mo Apply Now →
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Official Specifications

Role Overview & Mandate

Executive Summary

Commerical Underwriting Apprentice 2023 Location: London Salary:...

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Commerical Underwriting Apprentice 2023

Location: London
Salary: £20,000
Qualification: Level 4 Insurance Practitioner
Start Date: September 2022

Closing date for applications: 19th March 2023

Insurance is so much more than you think!

Are you looking for a career that will excite, challenge and inspire you? If so, this apprenticeship could be the ideal role for you! You’ll find the perfect balance of real life, on the job experience, whilst having time to complete your studies and earn qualifications too. With plenty of support around you, you’ll have lots of opportunities to shape and grow your career and to make a difference to our customers at a time when they need us the most.

Your Opportunity

The length of your apprenticeship will vary dependant on course provider and scheme. Rest assured, we will support your study time alongside your permanent role.

The topics you will learn vary from:

  • Understanding the whole end-to-end underwriting process
  • Negotiating with brokers and customers
  • Insight into the legal environment of insurance

Our Underwriting Apprenticeship is a great opportunity for someone who would like to start a career with one of the world’s most successful insurance companies.

What can I look forward to?

Our apprenticeships cater for a variety of different skillsets and interests, and you’ll receive all the training, support, and opportunities you need to set you on your way to a successful career with us.

As an Underwriting Apprentice, you will work within our Commercial business, contributing to the development and management of a specific area of insurance working on our national and international customers and with our key broking partners. You will experience the whole end-to-end underwriting process including risk selection and assessment, pricing, structuring compliant programmes and policy wording coverage.

You will build relationships with key stakeholders within the commercial business to support our customers’ and brokers’ needs. You will have an opportunity to start your Zurich career in the dynamic, complex and exciting Insurance market, learning from experienced underwriters in your team.

What’s in it for you?

As well as joining a company that is passionate about sustainability and our customers, you can expect:

  • £20,000 starting salary
  • 25 days holiday plus an additional 3 volunteering days
  • Contribution Private medical cover
  • 12% company pension contribution
  • Potential for an annual company bonus
  • Discounted gym membership
  • Discounted gadget insurance
  • Discounted technology offers

In return you’ll be joining a business where creating a brighter, more sustainable future underpins all that we do here in Zurich. We’re also passionate about diversity and inclusion, which we have won numerous awards for. We want our people to bring the whole of themselves to work and everybody is made to feel welcome, regardless of their background, beliefs or culture.

What you’ll need:

  • A minimum of 5 GCSEs (or equivalent) at grade C/4 including Maths and English
  • Commitment & dedication to study an apprenticeship qualification
  • Appetite to learn and achieve professional qualifications.
  • Ability to use independent, analytical thinking
  • Eye for detail
  • A team player who enjoys working collaboratively and communicating with others.
  • Effective personal planning and organisation
  • Future thinking

You’ll need to decide on your single choice of apprenticeship programme when you submit your application, so please take time to make sure you’ve chosen the one that is right for you.

Are you ready to create a brighter future?

At Zurich our brand purpose is to create a brighter future together, for our customers, our partners, our employees and the planet. It’s a promise that for our customers, we will put their needs at the heart of everything we do and for our employees, to grow and develop together. For our partners, to collaborate to create mutual value and for the planet, to drive positive impact by integrating our sustainability work into how we do business. We put our customers at the heart of everything that we do, and we’re looking for like-minded people to join us on our journey.

We’re passionate about diversity and inclusion, we want our people to bring the whole of themselves to work. You’ll have every opportunity to use your drive and enthusiasm to innovate the future of Zurich. Everybody is made to feel welcome, different opinions are valued, personal needs are respected, and opportunity is equal for all.

So, make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

Please note
We are unable to progress your application if you don't meet our criteria due the requirements of our apprenticeship providers. Please ensure you have the right to work in the UK before you apply as we are unable to provide sponsorship.
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Compensation Analytics

Estimated Take-Home Pay

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Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package £20,000 - £20,000
Est. Income Tax Band 20% Basic Rate Band
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net £1,333 - £1,300 / mo
Regional Economics

Cost of Living (London, England)

Bureau Data
Est. Rent (1-Bed)
£1,100 - £1,750
Monthly Utilities
£140 - £210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

Verified Status: UK Work Eligibility
Corridor: UK Employment Corridor
🛡️ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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