Private Equity Underwriter or Underwriting Specialist- Middle Markets

Zurich Insurance Company Ltd.New York, NY
$74,900 - $155,100Hybrid

About The Position

Zurich Middle Markets has delivered double-digit growth over the last four consecutive years, and we strive to exceed that growth in the years ahead! We’ve been committed to assembling a team of dedicated Middle Market leaders and underwriters who understand this space very deeply and who grasp the unique challenges of the various industry segments and the individual customers we serve. We are looking to add to our P&C Private Equity Underwriting team in New York! In this role, you will serve as a customer advocate with a focus on improving customer experience by understanding their unique risks and offering the best end-to-end solution for their Middle Markets PE insurance needs. What you can expect in a Private Equity Underwriting Position in Middle Markets at Zurich: You will develop and maintain relationships with brokers, partners and customers across all industries in support of business objectives. You will leverage your PE 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 technical underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory. This role will be filled as either a Private Equity Underwriter or Underwriting Specialist. 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

  • Underwriter Required Qualifications: High School Diploma or Equivalent and 1 or more years of experience in the Insurance or Market Facing area. OR High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area AND Knowledge of the insurance industry and the legal and regulatory environment AND Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
  • Underwriting Specialist Required 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 AND Knowledge of time restraints for quotes on new and renewal business AND Experience with Microsoft Office

Nice To Haves

  • Bachelor’s degree
  • Established relationships with Private Equity broker partners
  • Strong verbal and written communication skills
  • CPCU and ARM a plus

Responsibilities

  • Develop and maintain relationships with brokers, partners and customers across all industries in support of business objectives.
  • Leverage PE underwriting acumen across risk assessment, exposure evaluation and pricing to generate and maintain a profitable book of new and renewal business.
  • 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.
  • Use technical underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory.

Benefits

  • Competitive pay
  • Comprehensive benefits for employees and their families
  • Bonuses
  • Merit increases
  • Short-term incentive bonus eligibility
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