Life Science Underwriter, Middle Markets (Senior or AVP)

Zurich Insurance • Boston, MA

131d • $113,100 - $245,000 • Remote

About The Position

Zurich is currently hiring an experienced Life Sciences Underwriter to join the Middle Market team in Boston. This position will be a hybrid role with two days per week in the office. Middle Markets is a key business segment within Zurich North America and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills and solution focused problem solving abilities. Zurich Middle Markets offers end to end solutions for our customers, inclusive of international programs. You will handle complex new and renewal Middle Markets business and serve as a Subject Matter Expert for Middle Markets Life Science. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with our Preferred Distribution Partners within your area and grow your long-term career. This is an exciting time to join Middle Markets at Zurich! This role will be filled at the Senior or AVP level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.

Requirements

• 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 or Market Facing area.
• Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
• Knowledge of Microsoft Office.
• Experience working on time restraints for quotes on new and renewal business.
• Experience working in a team environment.

Nice To Haves

• Bachelors Degree.
• Strong verbal and written communication skills.
• Microsoft Office experience.

Responsibilities

• Serving as a Life Science industry practice 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.
• 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.
• Assisting in the refinement of underwriting guidelines for life science exposures.
• Identifying gaps in customer's programs 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 for Life Science risks.
• Demonstrating strong coverage analysis skills and understanding and ability to communicate life science defenses and exposure analysis for product liability.
• Market facing and production within the growing Middle Markets division.
• Collaborating with multiple groups within Zurich to build knowledge and understanding of life science exposures, controls, market requirements, and opportunities.
• 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.

Benefits

• Competitive compensation.
• Short-term incentive bonuses.
• Merit increases.
• Comprehensive employee benefits package for employees and eligible dependents.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: High school or GED