Underwriting Specialist OR Executive Underwriter, Umbrella Excess Casualty

Zurich Insurance Group•Chicago, IL

10h•Hybrid

About The Position

Zurich is seeking an Underwriting Specialist OR Executive Underwriter, Umbrella Excess Casualty for our National Accounts Large Property Underwriting team in our Chicago office. While this position will be based out of a Zurich 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 and be in the office/market three days per week. As an Umbrella Excess Casualty Underwriter at Zurich you will have the opportunity to grow and develop your career as a member of seasoned and dynamic team. You will be underwriting new and renewal business, under limited direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on highly complex accounts. We focus strongly on our customers and are seeking someone with the ability to develop exceptional relationships and a strong market facing presence. Experience with underwriting P&C lines is preferred. This role will be filled at either the Underwriting Specialist or Executive Underwriter 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

Underwriting Specialist High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing 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
OR Basic Qualifications - Executive Underwriter: High School Diploma or Equivalent and 5 or more years of experience in commercial underwriting or brokerage 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 approved Apprenticeship program including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
OR Zurich approved Apprenticeship program including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
Knowledge of Microsoft Office
Experience working on time restraints for quotes on new and renewal business
Experience working in a team environment

Nice To Haves

Bachelors Degree
CPCU
Advanced knowledge of Umbrella/Excess Casualty product lines
Knowledge of Primary Casualty and loss sensitive accounts
Strong broker/customer relationships
Excellent communication skills
Excellent skills in relationship building
Strong presentation skills
Results oriented

Responsibilities

Proactively seek renewal and new account opportunities.
Complete detailed opportunity assessment with key distributors to identify growth opportunities.
Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
Negotiate Terms & Conditions and close deals.
Cross-Sell other lines of business to increase product density with the account.
Participate in Sales Team meeting as related to assigned brokers and / or territory.
Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
Update required systems with details of broker / client visits and account status within specified time frame.
Serve as key contact for assigned target accounts.
Develop strong broker and client networks as related to industries underwritten by Business Unit.
Calculate Target Price accurately by utilizing underwriting tools appropriately.