Underwriting Specialist/ Executive Underwriter - Zurich E&S

Zurich Insurance Group•Chicago, NY
•Hybrid

About The Position

Zurich is currently looking to hire an experienced Underwriter to join our Wholesale Financial Lines team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in one of the following office locations: New York, or Chicago! In this role, you will underwrite and perform financial analysis across financial institution risks. The position will have technical, transactional and market facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.

Requirements

  • Underwriting Specialist Basic 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
  • Executive Underwriter Basic Qualifications: High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area

Nice To Haves

  • Bachelor’s degree
  • Underwriting experience with E&O and Cyber products
  • Established wholesale broker relationships in targeted region
  • Service oriented and responsive
  • Strong negotiation skills
  • Strong verbal and written communication skills
  • Microsoft Office skills

Responsibilities

  • Generating, underwriting, and analyzing financial institution new and renewal policies.
  • Market facing and production with wholesale brokers.
  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
  • Working within broad limits and authorities on highly complex assignments.
  • Managing a portfolio of accounts and developing a pipeline of business.
  • Collaborating and cross selling with other stakeholders and lines of business within Zurich.

Benefits

  • Competitive pay
  • Comprehensive benefits for employees and their families
  • Bonuses and merit increases
  • Short-term incentive bonus eligibility
  • Global Specialty Incentive Plan bonus eligibility
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