AVP, Underwriting Director- Commercial Surety

Overview

Commercial Surety Underwriting Officer (AVP or VP) role at Zurich North America. Location options include Chicago, Schaumburg (IL), Michigan, Wisconsin, Ohio, or Indiana. This is a highly technical underwriting role focused on overall account management, business development, and analysis of a complex Commercial Surety book. The role works within delegated authority levels and the Zurich Way of Underwriting Framework to deliver high-quality service to customers.

• Proactively seek renewal and new account opportunities.
• Qualify accounts to align with the organization s appetite and negotiate terms and conditions to close deals.
• Cross-sell other lines of business to increase product density with accounts.
• Update required systems with broker/client visits and account status within the specified time frame.
• Calculate target price using underwriting tools accurately.
• 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, insurance laws, and rating manuals.
• Operate at the highest authority limits on assignments with the highest degree of technical complexity and coordination.

• High School Diploma or equivalent and 5+ years of experience in underwriting, market facing, finance, accounting, or banking; or 10+ years in claims or underwriting support; or Zurich Certified Insurance Apprentice with an Associate Degree and 3+ years in the specified areas; or Zurich Certified Insurance Apprentice with an Associate Degree and 8+ years in claims or underwriting support (with relevant experience).
• Knowledge of Microsoft Office.
• Knowledge of time restraints for quotes on new and renewal business.
• Experience working in a team environment.

• High School Diploma or equivalent and 7+ years of underwriting, market facing, finance, accounting, or banking experience; or 14+ years in claims or underwriting support; or Zurich Certified Insurance Apprentice with an Associate Degree and 5+ years in the underwriting-related areas; or Zurich Certified Insurance Apprentice with an Associate Degree and 12+ years in claims or underwriting support (with relevant experience).
• Proficiency with Microsoft Office.

• Bachelor’s Degree.
• Surety knowledge/experience and knowledge of legal/regulatory guidelines.
• Understanding of broker relationship structures.
• Ability to analyze and understand complicated credit assessments, trends, and strategies.
• Curiosity-driven investigative skills to understand business strategies and complex contracts.
• Ability to articulate strategies and financial concepts with fact-based conclusions.
• Experience managing/growing a profitable portfolio of customers.
• Negotiation experience with brokers and large organizations.
• Strong verbal and written communication skills.

The compensation range is nationwide and varies by office location, role, experience, and skill set. The combined salary range for this position is $98,500.00 - $. AVP level: $98,500.00 - $ with up to 15% short-term incentive; VP level: $ - $ with up to 20% short-term incentive.

Locations: AM - Chicago; AM - Schaumburg; AM - Ohio Virtual Office; AM - Wisconsin Virtual Office; AM - Indiana Virtual Office; AM - Michigan Virtual Office. Remote Working:
Yes.

Schedule:

Full Time. Employment Sponsorship Offered:
No.

Zurich 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.

Zurich does not accept unsolicited resumes from search firms or employment agencies. If you are a preferred vendor, use the Recruiting Agency Portal for resume submission. For more information about Total Rewards and benefits, please refer to Zurich s carrier pages. Location and eligibility details are subject to change.