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Zurich 56 Company Ltd

Underwriting Specialist OR Executive Underwriter - Excess Casualty

Zurich 56 Company Ltd, Chicago, Illinois, United States, 60290

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Underwriting Specialist OR Executive Underwriter - Excess Casualty 128381

Zurich is currently looking to hire an experienced Underwriting Specialist OR Executive Underwriter – Excess Casualty to join our growing Excess Casualty team! We are open to hiring an experienced Underwriter in any location commutable to a Zurich office, hiring preference for the following locations: New York City, Philadelphia, Boston, Chicago, Atlanta or Dallas. While we are open to locations nationwide, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week.

The ideal candidate will have a background in Excess Casualty and/or Construction.

This role will be filled at either an Underwriting Specialist OR Executive Underwriter. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skillset relative to the qualifications listed for this position.

What you can expect in a Market Facing Underwriting position at Zurich:

You will develop and maintain relationships with broker partners and customers in the Construction industry in support of business objectives

You will leverage your casualty underwriting acumen across risk assessment, exposure evaluation and pricing to generate and maintain a profitable book of new and renewal business

You will work collaboratively across business units including but not limited to claims, finance, risk engineering, actuary, and technical underwriting while gaining extensive knowledge in a growing and innovative industry

You will be empowered to use your market facing, negotiation and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory

In this role you will be responsible for:

Underwriting and pricing a solid renewal book

Identifying and analyzing new growth opportunities

Ensuring that accounts are qualified, meet with the organization’s appetite and are balanced with sound business opportunity

Making agent/broker/customer and on-sight calls with a planned and well-prepared purpose

Overseeing negotiations of Terms & Conditions and closing deals

Ensuring cross-sell within areas of responsibility to increase product density with the Zurich customer

Underwriting Specialist Basic Qualifications:

High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area

High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area

Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area

Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area

Knowledge of line(s) of business and the legal and regulatory guidelines

Knowledge of time restraints for quotes on new and renewal business

Experience with Microsoft Office

Executive Underwriter Basic Qualifications:

High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area

High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area

Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area

Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area

Knowledge of line(s) of business and the legal and regulatory guidelines

Knowledge of time restraints for quotes on new and renewal business

Experience with Microsoft Office

Preferred Qualifications:

Bachelor’s Degree

Strong verbal and written communication skills

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education.

The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $75,000.00 - $165,000.00. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $98,500.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%.

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Location(s): AM - Chicago, AM - Independence, AM - Minneapolis, AM - Overland Park, AM - Pittsburgh Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No

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