Zurich Insurance
Executive Underwriter - Commercial Surety
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 our NYC or Parsippany locations on a hybrid schedule with three days a week in office/marketplace.
Responsibilities
Analyze and underwrite a book of new and renewal business, using the Zurich Way of Underwriting Framework within delegated authority levels.
Partner with brokers and utilize a strong sales execution mindset to write profitable business.
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‑site calls with a planned and well‑prepared purpose.
Negotiate terms & 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.
Manage a qualified list of opportunities 90‑120 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.
Benefits & Compensation Salary range: $122,875.00 – $201,250.00 with short‑term incentive bonus eligibility set at 15%. Bonuses and merit increases may apply.
We offer competitive pay and comprehensive benefits for employees and their families.
Required Qualifications
High School Diploma or equivalent and at least 3 years of experience in underwriting, finance, accounting, banking, or a market‑facing area; OR
High School Diploma or equivalent and at least 6 years of experience in claims or underwriting support; OR
Zurich Certified Insurance Apprenticeship program (Associate Degree) and at least 1 year of experience in underwriting, finance, accounting, banking, or a market‑facing area; OR
Zurich Certified Insurance Apprentice (Associate Degree) and at least 4 years of experience in claims or underwriting support;
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
Experience handling large commercial accounts;
In‑depth knowledge of surety lines of business and the legal and regulatory guidelines;
Knowledge of time restraints for quotes on new and renewal business;
Bachelor’s degree;
Strong verbal and written communication skills;
Microsoft Office experience;
Ability to effectively assess risk;
Strong negotiation skills;
Strong broker relationships;
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiation;
High level of customer service 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.
Location & Work Arrangement
Primary locations: New York, NY, and Parsippany, NJ.
Remote working: Hybrid.
Schedule: Full time.
Employment sponsorship: No.
Equal Opportunity Employer Zurich 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.
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Responsibilities
Analyze and underwrite a book of new and renewal business, using the Zurich Way of Underwriting Framework within delegated authority levels.
Partner with brokers and utilize a strong sales execution mindset to write profitable business.
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‑site calls with a planned and well‑prepared purpose.
Negotiate terms & 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.
Manage a qualified list of opportunities 90‑120 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.
Benefits & Compensation Salary range: $122,875.00 – $201,250.00 with short‑term incentive bonus eligibility set at 15%. Bonuses and merit increases may apply.
We offer competitive pay and comprehensive benefits for employees and their families.
Required Qualifications
High School Diploma or equivalent and at least 3 years of experience in underwriting, finance, accounting, banking, or a market‑facing area; OR
High School Diploma or equivalent and at least 6 years of experience in claims or underwriting support; OR
Zurich Certified Insurance Apprenticeship program (Associate Degree) and at least 1 year of experience in underwriting, finance, accounting, banking, or a market‑facing area; OR
Zurich Certified Insurance Apprentice (Associate Degree) and at least 4 years of experience in claims or underwriting support;
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
Experience handling large commercial accounts;
In‑depth knowledge of surety lines of business and the legal and regulatory guidelines;
Knowledge of time restraints for quotes on new and renewal business;
Bachelor’s degree;
Strong verbal and written communication skills;
Microsoft Office experience;
Ability to effectively assess risk;
Strong negotiation skills;
Strong broker relationships;
Superior skills in relationship building, active listening, needs analysis, and win‑win negotiation;
High level of customer service 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.
Location & Work Arrangement
Primary locations: New York, NY, and Parsippany, NJ.
Remote working: Hybrid.
Schedule: Full time.
Employment sponsorship: No.
Equal Opportunity Employer Zurich 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.
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