Underwriting Specialist, or Executive Underwriter, Marine

Zurich Insurance Group•San Francisco, CA

2d•Hybrid

About The Position

Zurich is seeking an experienced Underwriting Specialist or Executive Underwriter, Marine, to join its Specialties Accounts team in San Francisco. The role handles complex new and renewal domestic Marine accounts and applies underwriting and marketing skills while building relationships with Select Brokers focused in the Northern California market. The position is based in San Francisco and follows a hybrid schedule, with the expectation of being in the office or market three days per week. The employee will partner with their manager to set a flexible work schedule that supports customers, brokers, and agents. The role administers and monitors underwriting rules and guidelines, insurance laws and regulations, and rating annual rules. It develops and maintains relationships with distributors and collaborates with Line of Business representatives on referrals and other business needs. The position may provide guidance to lower-level associates and supports business retention and acquisition by working with customers, agents, and brokers to identify insurance needs and provide solutions. The Specialist and Executive Underwriter levels have separate experience qualifications. The role requires knowledge of the relevant lines of business and applicable legal and regulatory guidelines, as well as experience with or knowledge of quote time constraints for new and renewal business. Compensation varies by level: the proposed salary range is $98,500–$161,300 for the Underwriting Specialist, with 10% short-term incentive bonus eligibility; and $130,300–$213,300 for the Executive Underwriter, with 30% Global Specialty Incentive Plan bonus eligibility. The combined salary range is $98,500–$213,300. Zurich offers competitive pay and comprehensive benefits for employees and their families.

Requirements

Specialist level: High school diploma or equivalent and 3 or more years of experience in underwriting or a market-facing area; or high school diploma or equivalent and 6 or more years of experience in claims or underwriting support; or Zurich Certified Insurance Apprentice including an associate degree and 1 or more years of experience in underwriting or a market-facing area; or Zurich Certified Insurance Apprentice including an associate degree and 4 or more years of experience in claims or underwriting support.
Executive Underwriter level: High school diploma or equivalent and 5 or more years of experience in underwriting or a market-facing area; or high school diploma or equivalent and 10 or more years of experience in claims or underwriting support; or Zurich Certified Insurance Apprentice including an associate degree and 3 or more years of experience in underwriting or a market-facing area; or Zurich Certified Insurance Apprentice including an associate degree and 8 or more years of experience in claims or underwriting support.
Specialist level: Knowledge of lines of business and legal and regulatory guidelines.
Specialist level: Knowledge of time restraints for quotes on new and renewal business.
Specialist level: Experience with Microsoft Office.
Executive Underwriter level: Knowledge of Microsoft Office.
Executive Underwriter level: Experience working on time restraints for quotes on new and renewal business.
Executive Underwriter level: Experience working in a team environment.

Nice To Haves

Bachelor's degree.
Technical knowledge of Marine Underwriting.
Established retail broker relationships within the Northern California region.
Sales execution mindset.
Creative problem-solving skills.
Strong verbal and written communication skills.

Responsibilities

Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
Develop, maintain, and collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate.
Provide guidance to lower-level associates, as applicable.
Develop and maintain relationships with agents and brokers to support business retention and acquisition.
Work with customers and distributors, including agents and brokers, to determine insurance-related needs and provide solutions.
Support the sales culture by serving as a Help Point for agents, brokers, and customers.
Proactively seek renewal and new account opportunities.
Complete detailed opportunity assessments with key distributors to identify growth opportunities.
Qualify accounts to meet the organization's appetite while balancing sound business opportunity.
Make broker and customer calls, including on-site calls, with a planned and well-prepared purpose.
Meet agents and brokers in the marketplace and be present in the office or market three days per week.