Technical Underwriter

Zurich Insurance Group•Schaumburg, IL

19d•Remote

About The Position

Zurich is currently hiring a Technical Underwriter to join the North America Technical Underwriting team at Zurich North America. The Technical Underwriter will report to the Auto Technical Director. This is an exciting time to join the North America Technical Underwriting team at Zurich! This person will utilize their underwriting expertise to manage, design and drive diverse multidimensional strategies for our Auto book of business. S/he will work closely with our Global Colleagues and Business Unit Heads of Underwriting to deliver portfolio quality and performance measurements, technical underwriting strategies, product management and pricing that support the achievement of the financial plans for our market-facing units.

Requirements

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

Nice To Haves

CPCU
Advanced knowledge of line/s of business and the legal and regulatory environment
Strong listening, verbal and written communication skills
Advanced knowledge of Auto lines of business
Portfolio management, underwriting, product underwriting, product development, risk selection and pricing experience
Strong influencing, collaboration, conflict resolution, and presentation skills
Executive presence and the ability to interact across all levels of the organization
Ability to lead the organization through innovative and creative thinking

Responsibilities

Monitor underwriting strategy relating to performance metrics, data and insights, syndicate findings and adjust underwriting strategy as necessary.
Operate in established Zurich Risk Policy, Global Underwriting Policy and underwriting governance policies, and operationalize the policies into guidelines and best practices.
Lead initiatives that have a high impact on the development of technical underwriting guidelines, and Best Practices, including controls and procedures.
Lead various projects, aligning appropriate resources, setting project direction and engage work team with successful outcome.
Handle the most complex queries and referrals within delegated authority.
Assist with approval of terms and conditions and Line of Business-wide issues, enabling Underwriters to write profitable business.
Be responsible for key aspects of portfolio management, including analysis to monitor profitability and growth of specialty areas of business.
Implement recommendations on aspects requiring change or remedial action.
Monitor Technical Price accuracy and develop and implement solutions to enhance Technical Price.
Lead underwriting operational transformation and support a sound governance framework in assigned area.
Contribute to the development of strategic Line of Business underwriting goals, and underwriting policy for the assigned Line of Business.
Partner with peer Technical Underwriting members and Business Units to execute underwriting strategy.
Lead relevant Line of Business projects, partnering with Technical Underwriting and Business Unit team members.
Participate in Technical Underwriting Reviews, identify trends, and contribute to the development of action plans and agreed upon action items.
Participate in compliance-related queries, including regulatory exams and insurance department inquiries.
Act as a subject matter expert in developing underwriting technical training content and deliver technical training.
Address emerging issues and identify opportunities for growth or change within the specific Line of Business.