Zurich Insurance
Underwriting Specialist OR Executive Underwriter- MM Complex Property
Zurich Insurance, Chicago, Illinois, United States, 60290
Underwriting Specialist OR Executive Underwriter- MM Complex Property
Zurich is seeking a Underwriting Specialist OR Executive Underwriter- MM Complex Property to join our Middle Markets team in the Midwest Market. This role will be based out of one of the following Zurich offices: Chicago IL, Schaumburg IL, Edina MN, Independence OH, Pittsburgh, Kansas City STL, Wisconsin Virtual or Michigan Virtual.
As a Complex Property Underwriter, you will handle complex new and renewal Middle Markets property business. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your property underwriting and marketing skills while building relationships with Select Brokers in the Midwest region. This is an exciting time to join Middle Markets at Zurich!
The Middle Markets Complex Property Underwriter Is Responsible For
Serving as a customer industry advocate with a focus on improving the customer experience by understanding their risk and offering the best end to end solution for their insurance needs.
Using a disciplined approach to exposure evaluation, risk assessment and pricing.
Using risk insights, data, and models to drive informed decisions at point of sale.
Identifying gaps involves and aligning Zurich’s products and value proposition to offer a solution that provides the contract certainty the customer needs.
Demonstrating strong analytical skills and executing as an innovative advisor.
Underwriting, analyzing, and generating new and renewal business.
Market facing presence and production within the growing Middle Markets property division in the region.
Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
Developing and maintaining agency and broker relationships.
Working within broad limits and authorities on highly complex assignments.
Basic Qualifications Underwriting Specialist Basic Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area OR
High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR
Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area OR
Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
Executive Underwriter Basic Qualifications:
High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area.
Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area.
Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area AND experience with Microsoft Office.
Preferred Qualifications
Bachelor’s Degree
Market facing, Property underwriting experience
3 or more years of Underwriting experience in Middle Market or larger.
Ability to effectively assess risk
Strong negotiation skills
Strong retail broker relationships
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiating
Possess knowledge of time restraints for quotes on new and renewal business
Excellent oral and written communication skills
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
CPCU and ARM a plus
Compensation Your pay at Zurich is based on your role, location, skills, and experience. The combined salary range for this position is $74,300.00 - $161,000.00. The proposed salary range for the Underwriting Specialist is $74,300.00 - $121,700.00, with short‑term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $98,300.00 - $161,000.00, with short‑term incentive bonus eligibility set at 15%.
Benefits We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
Why Zurich? At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.
Equal Opportunity Employer Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.
Additional Information Zurich complies with 18 U.S. Code 1033.
Application Notes Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location(s)
Chicago, IL
Edina, MN
Independence, OH
Pittsburgh, PA
Kansas City, MO
St. Louis, MO
Schaumburg, IL
Wisconsin Virtual Office
Michigan Virtual Office
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Senior Level Mid‑Senior level
Employment Type Contract
Job Function Finance and Sales
Referrals increase your chances of interviewing at Zurich Insurance by 2x
Get notified about new Underwriter jobs in Chicago, IL.
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As a Complex Property Underwriter, you will handle complex new and renewal Middle Markets property business. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your property underwriting and marketing skills while building relationships with Select Brokers in the Midwest region. This is an exciting time to join Middle Markets at Zurich!
The Middle Markets Complex Property Underwriter Is Responsible For
Serving as a customer industry advocate with a focus on improving the customer experience by understanding their risk and offering the best end to end solution for their insurance needs.
Using a disciplined approach to exposure evaluation, risk assessment and pricing.
Using risk insights, data, and models to drive informed decisions at point of sale.
Identifying gaps involves and aligning Zurich’s products and value proposition to offer a solution that provides the contract certainty the customer needs.
Demonstrating strong analytical skills and executing as an innovative advisor.
Underwriting, analyzing, and generating new and renewal business.
Market facing presence and production within the growing Middle Markets property division in the region.
Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
Developing and maintaining agency and broker relationships.
Working within broad limits and authorities on highly complex assignments.
Basic Qualifications Underwriting Specialist Basic Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area OR
High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR
Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area OR
Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
Executive Underwriter Basic Qualifications:
High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area.
Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area.
Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area AND experience with Microsoft Office.
Preferred Qualifications
Bachelor’s Degree
Market facing, Property underwriting experience
3 or more years of Underwriting experience in Middle Market or larger.
Ability to effectively assess risk
Strong negotiation skills
Strong retail broker relationships
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiating
Possess knowledge of time restraints for quotes on new and renewal business
Excellent oral and written communication skills
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
CPCU and ARM a plus
Compensation Your pay at Zurich is based on your role, location, skills, and experience. The combined salary range for this position is $74,300.00 - $161,000.00. The proposed salary range for the Underwriting Specialist is $74,300.00 - $121,700.00, with short‑term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $98,300.00 - $161,000.00, with short‑term incentive bonus eligibility set at 15%.
Benefits We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
Why Zurich? At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.
Equal Opportunity Employer Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.
Additional Information Zurich complies with 18 U.S. Code 1033.
Application Notes Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.
Location(s)
Chicago, IL
Edina, MN
Independence, OH
Pittsburgh, PA
Kansas City, MO
St. Louis, MO
Schaumburg, IL
Wisconsin Virtual Office
Michigan Virtual Office
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Senior Level Mid‑Senior level
Employment Type Contract
Job Function Finance and Sales
Referrals increase your chances of interviewing at Zurich Insurance by 2x
Get notified about new Underwriter jobs in Chicago, IL.
#J-18808-Ljbffr