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Vice President, Surety Risk Solutions

Vice President, Surety Risk Solutions

Zurich NASpringfield, IL, United States
11 hours ago
Job type
  • Full-time
Job description

Vice President, Surety Risk Solutions

128023

Zurich North America’s Surety Risk Solutions team is seeking to add another Vice President to help drive success within our growing U.S. Specialties Business Unit. This is a critical role as the Vice President, Surety Risk Solutions, will utilize their expertise to help deliver the underwriting strategy and product development that will drive the performance and growth of the Contract and Commercial Surety Services industry segment at the national level. Training and supporting the Market Facing Underwriters will also be a critical component of this position. This role will work collaboratively with the Segment Leaders, Underwriters, Customers and Brokers.

This position can be based in any of our Zurich Offices or Remote.

The Vice President, Surety Risk Solutions, will :

Identify risk and mitigation strategies for ZNA and customers and work toward creative solutions in collaboration with surety underwriting teams.

Draft and review bond forms, contracts, and various agreements. Negotiate terms and conditions with external counsel and project owners.

Recommend and implement action plans to promote profitable growth of Surety business.

Identify the need for additional underwriting guidance and work to develop new guidelines or changes to existing guidelines.

Maintain a strong market facing presence, be responsible for visiting customers and brokers, may write or oversee the publication of white papers and speak at industry functions.

Perform, or oversee the development of, in-depth research to understand the drivers behind the performance of the portfolio

Analyze or oversee the analysis of quality and quantity of risks underwritten.

Develop and monitor complex underwriting initiatives.

Significantly contribute to process improvement and innovation.

Provide training support from a technical underwriting standpoint.

Disseminate key updates related to their specific industry segment.

Address governance and regulatory issues.

Basic Qualifications :

  • Bachelors Degree and 8 or more years of experience in the Underwriting area

OR

  • High School Diploma or Equivalent and 10 or more years of experience in the Underwriting area
  • Preferred Qualifications :

    Juris Doctor degree

    Experienced Surety Claim attorney

    Significant experience representing surety clients in complex litigation

    Excellent verbal and written communication skills

    Effective team player

    Excellent problem-solving 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 proposed salary range for this position is $130,000 - $215,000, with short-term incentive bonus eligibility set at 20%.

    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 clickhere () 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 - California Virtual Office, AM - Alabama Virtual Office, AM - Alaska Virtual Office, AM - Arizona Virtual Office, AM - Arkansas Virtual Office, AM - Colorado Virtual Office, AM - Connecticut Virtual Office, AM - Delaware Virtual Office, AM - Florida Virtual Office, AM - Georgia Virtual Office, AM - Hawaii Virtual Office, AM - Idaho Virtual Office, AM - Illinois Virtual Office, AM - Indiana Virtual Office, AM - Iowa Virtual Office, AM - Kansas Virtual Office, AM - Kentucky Virtual Office, AM - Louisiana Virtual Office, AM - Maine Virtual Office, AM - Maryland Virtual Office, AM - Massachusetts Virt. Office, AM - Michigan Virtual Office, AM - Minnesota Virtual Office, AM - Mississippi Virtual Office, AM - Missouri Virtual Office, AM - Montana Virtual Office, AM - Nebraska Virtual Office, AM - Nevada Virtual Office, AM - New Hampshire Virt. Office, AM - New Jersey Virtual Office, AM - New Mexico Virtual Office, AM - New York Virtual Office, AM - North Carolina Virt. Office, AM - North Dakota Virtual Office, AM - Ohio Virtual Office, AM - Oklahoma Virtual Office, AM - Oregon Virtual Office, AM - Pennsylvania Virtual Office, AM - Remote Work (US), AM - Rhode Island Virtual Office, AM - South Carolina Virt. Office, AM - South Dakota Virtual Office, AM - Tennessee Virtual Office, AM - Texas Virtual Office, AM - Utah Virtual Office, AM - Vermont Virtual Office, AM - Virginia Virtual Office, AM - Washington DC Virt. Office, AM - Washington St Virt. Office, AM - West Virginia Virt. Office, AM - Wisconsin Virtual Office, AM - Wyoming Virtual Office

    Remote Working : Hybrid

    Schedule : Full Time

    Employment Sponsorship Offered : No

    Linkedin Recruiter Tag : #LI-WL1 #LI-DIRECTOR

    EOE Disability / Veterans

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