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Underwriting Specialist OR Executive Underwriter - Excess Casualty

Underwriting Specialist OR Executive Underwriter - Excess Casualty

Zurich Insurance Company Ltd.Chicago, IL, US
5 hours ago
Job type
  • Full-time
Job description

Job Description

Zurich is currently looking to hire an experienced Underwriting Specialist OR Executive Underwriter – Excess Casualty to join our growing Construction team! We are open to hiring an experienced Underwriter in one of the following locations : Chicago, IL, Overland Park, KS, Pittsburgh, PA, Independence, OH or Minneapolis, MN. While we are open one of these locations, 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 with 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 an 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.
  • OR

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

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

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

  • 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
  • OR

    Executive Underwriter 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
  • AND

  • 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.

    A future with Zurich. What can go right when you apply at Zurich?

    Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

    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.

    Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

    Location(s) : AM - Chicago, AM - Independence, AM - Minneapolis, AM - Overland Park, AM - Pittsburgh

    Remote Working : Hybrid

    Schedule : Full Time

    Employment Sponsorship Offered :  No

    Linkedin Recruiter Tag : #LI-JR1 #LI-ASSOCIATE #LI-HYBRID

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