Underwriting Apprenticeship 2025 - Commercial Underwriting (London)
Commercial Insurance Underwriting Apprenticeship 2025 - London
Location: London
Salary: £23,387 plus £3,200 location allowance
Qualification: Level 4 Insurance Professional
Start Date: September 2025
Closing date for applications: 23rd March 2025
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
As an Underwriting Apprentice within our Commercial business, you'll be contributing to the development and management of a specific area of insurance. You will be placed in either our Real Estate team or our Customer Distribution Team.
Within Real Estate you'll work with national and international Real Estate customers and our key broking partners. Your role could involve:
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Understanding the risks a customer can face and how our products and services can support them
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Assessing what could go wrong for a customer and how we make sure we charge them the right amount to ensure we have enough funds available to support them when they need us
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Review what kinds of situations need to be covered and make sure our policy is worded to provide the right protection
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Building relationships and developing your negotiation skills to stronger work with our customers and partners.
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Working with experienced underwriters who will support you and help you navigate a dynamic and rapidly changing insurance market.
In our Customer Distribution team, you will be part of one of the market leading team’s, a team that is the envy of our competitors! Your role could involve:
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Negotiating with brokers and customers
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Gaining insight into the legal environment of insurance
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Understanding the insurance needs of some of the largest organisations
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Learning how multinational programs are structured and issued
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Providing further value and products to our customers by developing stronger relationships
What can I look forward to?
During your apprenticeship you’ll:
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Learn how to manage business relationships, determining and evaluating their insurance requirements and identifying opportunities to enhance their insurance programmes with us
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Develop a comprehensive understanding of the insurance market and the various products and services
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Understand the importance of being proactive in developing relationships and networks required to be successful while achieving business objectives and making sure the customers' needs are met
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Discover more about the impact of change within the insurance market and how it affects your role and the wider organisation.
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Build relationships with key stakeholders to support our customers and brokers needs
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Work with and learn from an experienced team who will support you through your journey
Alongside your day-to-day work activities, you‘ll complete an Insurance Professional Level 4 Apprenticeship as well as an insurance industry recognised Diploma in Insurance via the Chartered Insurance Institute. The apprenticeship will take around 24 months.
We give you time to study as well as the opportunity to put what you learn into practice. Your qualification is just the start of your career at Zurich. Once your apprenticeship is complete you will have plenty of opportunities to put your new skills into practice while continuing to develop and grow.
What’s in it for you?
As well as joining a company that is passionate about sustainability and our customers, you can expect:
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£23,387 starting salary
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£3,200 per annum location allowance
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25 days holiday plus an additional 3 volunteering days
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Contribution Private medical cover
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12% company pension contribution
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Potential for an annual company bonus
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Discounted gym membership
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Discounted gadget insurance
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Discounted technology offers
What you’ll need:
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Full right to work and reside in the UK – Due to apprenticeship funding rules, you must have been ordinarily resident in the UK for the last three years and have the right to work in the UK. We cannot accept applications from those who require sponsorship to work in the UK
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A minimum of 5 GCSEs (or equivalent) at grade C/4 including Maths and English
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Minimum of three A Levels at A*- C (or equivalent)
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Commitment & dedication to study an apprenticeship qualification
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Appetite to learn and achieve professional qualifications.
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Ability to use independent, analytical thinking
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Eye for detail
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A team player who enjoys working collaboratively and communicating with others.
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Effective personal planning and organisation
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Future thinking
NB: Due to Apprenticeship funding rules, we can only accept applicants who haven’t completed a qualification in the same field at the same or higher level to the course you are applying for
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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- 12% defined non-contributory pension scheme.
- Annual company bonus.
- Income Protection.
- Life cover - four times your salary.
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- 25 days holiday a year plus bank holidays.
- You can also request to swap UK bank holidays for days off that have cultural or religious significance to you.
- The option to buy up to an additional 20 days or sell some of your holiday.
- Three days paid volunteering.
- Up to 16 weeks' full pay for maternity, paternity and adoption leave.
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- Access to Private medical insurance.
- Virtual GP appointments.
- Discounted gym membership.
- Free flu jab.
- Access to a wealth of support from our wellbeing partners.
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- Creating a brighter, more sustainable future underpins all that we do here in Zurich. We were the first insurer to sign the ‘UN Business Ambition for 1.5˚C’ pledge.
- Our charitable arm, Zurich Community Trust, has awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.