Underwriting Specialist OR Executive Underwriter- Commercial Surety

Overview Responsibilities

• Proactively seek renewal and new account opportunities.
• Qualify accounts to meet the organization’s appetite, balanced with sound business opportunity. Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Update required systems with details of broker/client visits and account status within the specified time frame.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Diagnose and develop recommendations to solve unique business unit and customer problems.
• Demonstrate specialized knowledge and expertise in products and industry.
• Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manuals.
• Work at the highest authority limits on assignments utilizing the highest degree of technical complexity and coordination.

• Underwriting Specialist:
  High School Diploma or Equivalent and 3+ years of experience in Underwriting, Market Facing, Finance, Accounting, or Banking OR High School Diploma or Equivalent and 6+ years of experience in Claims or Underwriting Support OR Zurich Certified Insurance Apprentice with an Associate Degree and 1+ year in relevant area OR Zurich Certified Insurance Apprentice with Associate Degree and 4+ years in Claims or Underwriting Support, plus knowledge of lines of business and regulatory guidelines, knowledge of quotes time restraints, and experience with Microsoft Office.
• Executive Underwriter:
  High School Diploma or Equivalent and 5+ years of experience in Underwriting, Market Facing, Finance, Accounting, or Banking OR High School Diploma or Equivalent and 10+ years of experience in Claims or Underwriting Support OR Zurich Certified Insurance Apprentice with an Associate Degree and 3+ years in relevant area OR Zurich Certified Insurance Apprentice with an Associate Degree and 8+ years in Claims or Underwriting Support, plus knowledge of Microsoft Office, knowledge of quotes time restraints, and experience working in a team environment.

• Bachelor’s Degree
• Surety knowledge/experience and knowledge of legal and regulatory guidelines
• Understanding of broker relationships
• Ability to analyze and understand complicated credit assessments, trends, and strategies
• Investigative skills to develop understanding of business strategies, trends, contracts, and long-term obligations
• Ability to articulate strategies and financial concepts with fact-based conclusions and recommendations
• Experience managing/growing profitable portfolio of customers
• Negotiation experience with brokers and large, international, and national organizations
• Strong verbal and written communication skills

Compensation for roles is influenced by location, role, skill set, and level of experience. Zurich commits to a fair and reasonable compensation range for each role. The combined salary range for this position is $75,000.00 - $. The proposed salary ranges are:
Underwriting Specialist $75,000.00 - $ (short-term incentive eligibility 10%), Executive Underwriter $98,500.00 - $ (short-term incentive eligibility 15%).

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

A future with Zurich. What can go right when you apply at Zurich? Zurich North America has over 150 years of experience managing risk and supporting resilience. We serve more than 25 industries and insure 90% of the Fortune 500®. Zurich is an equal opportunity employer and maintains a comprehensive employee benefits package. Please  to learn more.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race/ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Location(s): AM - Chicago, AM - Illinois Virtual Office, AM - Kansas Virtual Office, AM - Cincinnati. Remote Working:
Hybrid.

Schedule:

Full Time. Employment Sponsorship Offered:
No.

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