Underwriting Specialist OR Executive Underwriter - Middle Market

Zurich Insurance Group • Philadelphia, PA

5d • Hybrid

About The Position

Zurich North America is hiring for its Middle Market operation in Philadelphia, Pennsylvania. The position is hybrid and requires visibility in the marketplace, with an expectation of being in the office or market three days per week. The employee will partner with their manager to establish a flexible work schedule that supports the employee, customers, brokers, and agents.

This market-facing underwriting role serves as a customer advocate, focusing on improving customer experience by understanding customers’ unique risks and offering end-to-end Property & Casualty insurance solutions. The underwriter develops and maintains broker and customer relationships across industries, assesses risks and exposures, prices business, and builds a profitable book of new and renewal business. The role collaborates with teams including claims, finance, risk engineering, actuarial, and technical underwriting, and uses underwriting, negotiation, and interpersonal skills to develop preferred distribution partnerships in an assigned territory.

The role may be filled at either the Underwriting Specialist or Executive Underwriter level. The hiring manager determines the level based on the selected applicant’s experience and skills. The combined salary range is $79,600–$172,300. The proposed range for Underwriting Specialist is $79,600–$130,300, with eligibility for a 10% short-term incentive bonus; the proposed range for Executive Underwriter is $105,200–$172,300, with eligibility for a 15% short-term incentive bonus. Employees may also be eligible for merit increases. Zurich offers competitive pay and comprehensive benefits for employees and their families. Employment sponsorship is not offered.

Requirements

• Underwriting Specialist: 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 claims or underwriting support experience; or Zurich Certified Insurance Apprentice including an associate degree and 1 or more years of underwriting or market-facing experience; or the same apprenticeship and associate degree with 4 or more years of claims or underwriting support experience.
• Executive Underwriter: 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 claims or underwriting support experience; or Zurich Certified Insurance Apprentice including an associate degree and 3 or more years of underwriting or market-facing experience; or the same apprenticeship and associate degree with 8 or more years of claims or underwriting support experience.
• Underwriting Specialist: Knowledge of lines of business and legal and regulatory guidelines.
• Underwriting Specialist: Knowledge of time constraints for quotes on new and renewal business.
• Underwriting Specialist: Experience with Microsoft Office.
• Executive Underwriter: Knowledge of Microsoft Office.
• Executive Underwriter: Experience working within time constraints for quotes on new and renewal business.
• Executive Underwriter: Experience working in a team environment.

Nice To Haves

• Bachelor’s degree.
• Experience handling all lines of business in the Middle Market space, including Auto, General Liability, Workers Compensation, Umbrella, Inland Marine, and Property.
• Broker relationships.
• Strong verbal and written communication skills.
• Microsoft Office experience.

Responsibilities

• Develop and maintain relationships with broker partners and customers across industries in support of business objectives.
• Assess risks and exposures and price Property & Casualty insurance business.
• Generate and maintain a profitable book of new and renewal business.
• Understand customers’ unique risks and offer end-to-end Property & Casualty insurance solutions.
• Collaborate with claims, finance, risk engineering, actuarial, and technical underwriting teams.
• Use underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory.

Benefits

• Competitive pay and comprehensive benefits for employees and their families.
• Potential eligibility for short-term incentive bonuses: 10% for Underwriting Specialist or 15% for Executive Underwriter.
• Potential eligibility for merit increases.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED