Underwriter OR Underwriting Specialist - MM Complex Casualty
About The Position
Zurich is currently looking for an experienced Loss Sensitive/Complex Casualty Underwriter to join our Complex Casualty Underwriting team in Chicago. This is a technical and market facing role working with our complex/loss sensitive casualty products and is a great opportunity to join an expanding team. While this position will be based out of our Chicago office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers on a regular schedule. Our Underwriters are market-facing with objectives focused on profitable growth and superior service to our broker partners and customers and are responsible for: Generating, underwriting and analyzing domestic Complex and Loss Sensitive Casualty business Market facing and production activities Complying with 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 complex assignments This role will be filled at either the Underwriter or Underwriting Specialist 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
- 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 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 Knowledge of time restraints for quotes on new and renewal business Experience with Microsoft Office
Nice To Haves
- Bachelor's Degree
- Knowledge of Domestic Complex Casualty/Loss Sensitive Products
- Ability to effectively assess risk
- Strong negotiation skills
- Strong broker relationships within the region
- Superior skills in relationship building, active listening, needs analysis, and win-win negotiation.
- Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
- Excellent oral and written communication skills
- Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
Responsibilities
- Generating, underwriting and analyzing domestic Complex and Loss Sensitive Casualty business
- Market facing and production activities
- Complying with 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 complex assignments
Benefits
- Your pay at Zurich is based on your role, location, skills, and experience.
- We follow local laws to ensure fair compensation.
- You may also be eligible for bonuses and merit increases.
- We offer competitive pay and comprehensive benefits for employees and their families.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Insurance Carriers and Related Activities
Education Level
High school or GED
Number of Employees
5,001-10,000 employees
