Zurich 56 Company Ltd
Executive Underwriter - Commercial Surety
Zurich 56 Company Ltd, New York, New York, us, 10261
Commercial Surety Underwriter
Zurich is currently looking for an experienced Commercial Surety Underwriter to join our Surety Team in the NY/NJ Metropolitan region. The role is based in NYC or Parsippany on a hybrid schedule with 3 days a week in office.
Overview Analyze and underwrite a book of new and renewal business, applying the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments. Partner with brokers and utilize a strong sales execution mindset to write profitable business.
Location Primary locations: New York, Parsippany. Remote working: Hybrid.
Responsibilities
Proactively seek renewal and new account opportunities.
Complete detailed opportunity assessment with key distributors to identify growth opportunities.
Qualify accounts to meet the organization's appetite, balanced with sound business opportunity.
Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
Negotiate terms and conditions and close deals.
Cross‑sell other lines of business to increase product density with the account.
Participate in sales team meetings related to assigned brokers and/or territory.
Engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
Update required systems with details of broker/client visits and account status within specified time frame.
Serve as key contact for assigned target accounts.
Develop strong broker and client networks as related to industries underwritten by the Business Unit.
Contribute to development of underwriting manuals, programs and guidelines.
Lead complex technical or long‑term (over 6 months) business projects to implement new or changed systems, programs or products.
Investigate, recommend and implement leading‑edge technical solutions when they meet customer needs.
Required Qualifications
High School Diploma or equivalent and 3 or more years of experience in Underwriting, Finance, Accounting, Banking, or Market Facing area.
OR High School Diploma or equivalent and 6 or more years of experience in Claims or Underwriting Support area.
OR Zurich Certified Insurance Apprenticeship program, including an Associate Degree and 1 or more years of experience in Underwriting, Finance, Accounting, Banking, or Market Facing area.
OR Zurich Certified Insurance Apprentice, including an Associate Degree and 4 or more years of experience in Claims or Underwriting Support area.
Knowledge of lines of business and related legal and regulatory guidelines.
Knowledge of time restraints for quotes on new and renewal business.
Experience with Microsoft Office.
Preferred Qualifications
Experience handling large commercial accounts.
Highly preferred in‑depth knowledge of Surety lines of business and related legal and regulatory guidelines.
Highly preferred knowledge of time restraints for quotes on new and renewal business.
Bachelor's Degree.
Strong verbal and written communication skills.
Ability to effectively assess risk.
Strong broker relationships.
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiation.
Possess a high level of customer service by meeting or exceeding broker and/or customer expectations with respect to required deadlines.
Excellent oral and written communication skills.
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines.
Pay & Benefits Pay is based on role, location, skills, and experience. The proposed salary range for this position is $122,875.00 – $201,250.00, with short‑term incentive bonus eligibility set at 15%.
Zurich offers competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
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. 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.
Additional Details Location(s): AM - New York, AM - Parsippany
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
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Overview Analyze and underwrite a book of new and renewal business, applying the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments. Partner with brokers and utilize a strong sales execution mindset to write profitable business.
Location Primary locations: New York, Parsippany. Remote working: Hybrid.
Responsibilities
Proactively seek renewal and new account opportunities.
Complete detailed opportunity assessment with key distributors to identify growth opportunities.
Qualify accounts to meet the organization's appetite, balanced with sound business opportunity.
Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
Negotiate terms and conditions and close deals.
Cross‑sell other lines of business to increase product density with the account.
Participate in sales team meetings related to assigned brokers and/or territory.
Engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
Update required systems with details of broker/client visits and account status within specified time frame.
Serve as key contact for assigned target accounts.
Develop strong broker and client networks as related to industries underwritten by the Business Unit.
Contribute to development of underwriting manuals, programs and guidelines.
Lead complex technical or long‑term (over 6 months) business projects to implement new or changed systems, programs or products.
Investigate, recommend and implement leading‑edge technical solutions when they meet customer needs.
Required Qualifications
High School Diploma or equivalent and 3 or more years of experience in Underwriting, Finance, Accounting, Banking, or Market Facing area.
OR High School Diploma or equivalent and 6 or more years of experience in Claims or Underwriting Support area.
OR Zurich Certified Insurance Apprenticeship program, including an Associate Degree and 1 or more years of experience in Underwriting, Finance, Accounting, Banking, or Market Facing area.
OR Zurich Certified Insurance Apprentice, including an Associate Degree and 4 or more years of experience in Claims or Underwriting Support area.
Knowledge of lines of business and related legal and regulatory guidelines.
Knowledge of time restraints for quotes on new and renewal business.
Experience with Microsoft Office.
Preferred Qualifications
Experience handling large commercial accounts.
Highly preferred in‑depth knowledge of Surety lines of business and related legal and regulatory guidelines.
Highly preferred knowledge of time restraints for quotes on new and renewal business.
Bachelor's Degree.
Strong verbal and written communication skills.
Ability to effectively assess risk.
Strong broker relationships.
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiation.
Possess a high level of customer service by meeting or exceeding broker and/or customer expectations with respect to required deadlines.
Excellent oral and written communication skills.
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines.
Pay & Benefits Pay is based on role, location, skills, and experience. The proposed salary range for this position is $122,875.00 – $201,250.00, with short‑term incentive bonus eligibility set at 15%.
Zurich offers competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
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. 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.
Additional Details Location(s): AM - New York, AM - Parsippany
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
#J-18808-Ljbffr