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Private Equity Underwriter (Mid-Senior / Senior)

Private Equity Underwriter (Mid-Senior / Senior)

Zurich Insurance CompanyWestchester, NY, US
30+ days ago
Job description

Zurich is currently hiring for an experienced Private Equity Underwriter (Mid-Senior or Senior) for our Middle Markets team in New York City!

This role will be filled at either the Mid-Senior or Senior level. 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.

The Private Equity Underwriter (Mid-Senior or Senior) 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.
  • Accountable for all PE business in the NYC Territory, while working closely with our National Industry Practice Leader, and having the ability to grow the book.
  • 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.
  • 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 :

Mid- Senior :

  • 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
  • Senior :

  • 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 o r Market Facing area (ADD POP addendum)
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Unde rwriting Support area
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environment
  • Preferred Qualifications :

  • Bachelor’s Degree
  • Private Equity Middle Markets Underwriting experience in the Northeast Region
  • 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
  • PC and related software skills
  • CPCU and ARM a plus
  • As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ().