Underwriting Specialist OR Executive Underwriter - Management Liability PNP

Overview

Zurich is currently looking for an Underwriting Specialist or Executive Underwriter in Management Liability. We are expanding and are seeking candidates to work out of our Chicago office or our headquarters in Schaumburg, IL.

As a Management Liability Underwriter you will utilize sales/marketing, relationship building, and analytical skills to analyze and underwrite new and renewal business for Financial Lines Products (Directors and Officers, Employment Practices Liability, Fiduciary Liability and Crime Insurance) for private and nonprofit companies.

This is a market-facing position that requires a strong sales mindset to proactively seek renewal and new account opportunities, identify growth opportunities, and build strong relationships with retail distributors (agents and brokers) and customers.

• Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Develop, maintain and collaborate with Line of Business representatives and other business-related needs, as appropriate.
• Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition, and work with customers and distributors to determine insurance needs and provide solutions.
• Support the organization’s sales culture by serving as a help point for agents, brokers and customers.
• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet the organization’s appetite, balanced with sound business opportunity.
• Make broker/customer and on-site calls with a planned and well-prepared purpose.
• Mentor team members.

• High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area, OR
• High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support 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.

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting 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 Certified Insurance Apprentice including an associate degree and 3 or more years of experience in the Underwriting or Market Facing area, OR
• Zurich Certified Insurance Apprentice including an associate degree and 8 or more years of experience in the Claims or Underwriting Support area AND
• Knowledge of Microsoft Office.
• Experience working on time restraints for quotes on new and renewal business.
• Experience working in a team environment.

• Bachelor’s Degree.
• Strong verbal and written communication skills.
• Strong relationship building skills.

The combined salary range for this position is $83,400.00 - $. The proposed salary range for the Underwriting Specialist is $83,400.00 - $, with short- term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $ - $, with Global Specialty Incentive Plan bonus eligibility set at 30%.

Location(s): AM - Chicago.

Remote Working:
Hybrid.

Schedule:

Full Time.

Employment Sponsorship Offered:
No.

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets. Zurich complies with 18 U.S. Code § 1033.