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Zurich Insurance

Global insurer providing property, casualty, life

Underwriting Specialist or Executive Underwriter - Surety Commercial

UnderwritingUpdated on Nov 14
Full-time$75k - $165k /yr

About the Job

Requirements

  • Underwriting Specialist qualification: High school diploma or equivalent and at least 3 years of experience in underwriting, market-facing, finance, accounting, or banking; alternatively, a high school diploma or equivalent and at least 6 years of experience in claims or underwriting support; alternatively, Zurich Certified Insurance Apprentice status including an associate degree and at least 1 year of experience in underwriting, market-facing, finance, accounting, or banking; alternatively, the apprenticeship and associate-degree route with at least 4 years of experience in claims or underwriting support.
  • Executive Underwriter qualification: High school diploma or equivalent and at least 5 years of experience in underwriting or market-facing work; alternatively, a high school diploma or equivalent and at least 10 years of experience in claims or underwriting support; alternatively, Zurich Certified Apprentice status including an associate degree and at least 3 years of experience in underwriting or market-facing work; alternatively, the apprenticeship and associate-degree route with at least 8 years of experience in underwriting or market-facing work.
  • Knowledge of the relevant lines of business and applicable legal and regulatory guidelines.
  • Knowledge of time constraints for quoting new and renewal business.
  • Experience using Microsoft Office.
  • Experience working in a team environment.

Responsibilities

  • Analyze and underwrite a book of new and renewal business using the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments, while providing a high level of customer service.
  • Partner with brokers and apply a sales-execution mindset to write profitable business.
  • Proactively seek renewal and new-account opportunities.
  • Complete detailed opportunity assessments with key distributors to identify growth opportunities.
  • Qualify accounts to align with the organization's appetite while balancing sound business opportunities.
  • Make planned and purpose-driven agent, broker, customer, and onsite calls.
  • Negotiate terms and conditions and close deals.
  • Cross-sell other lines of business to increase product density within accounts.
  • Participate in sales team meetings related to assigned brokers or territories.
  • Engage in the target-account process and manage a qualified list of opportunities 90 to 120 days before the effective date.
  • Update required systems with broker/client visit details and account status within the specified timeframe.
  • Serve as the key contact for assigned target accounts.
  • Develop strong broker and client networks related to industries underwritten by the business unit.
  • Contribute to developing underwriting manuals, programs, and guidelines.
  • Lead complex technical or long-term business projects lasting more than six months to implement new or changed systems, programs, or products.
  • Investigate, recommend, and implement leading-edge technical solutions that meet customer needs.

Desired Qualifications

  • Experience handling large commercial accounts.
  • In-depth knowledge of surety lines of business and applicable legal and regulatory guidelines.
  • Knowledge of time constraints for quoting new and renewal business.
  • Bachelor's degree.
  • Strong verbal and written communication skills.
  • Ability to assess risk effectively.
  • Strong negotiation skills.
  • Strong broker relationships.
  • Skills in relationship building, active listening, needs analysis, and win-win negotiation.
  • Ability to meet or exceed broker and customer expectations for required deadlines.
  • Knowledge of underwriting philosophy, techniques, and national and local filing regulations and guidelines.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size
10,001+
Company stage
IPO
Headquarters
Zurich, Switzerland
Founded
1872

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