Zurich is currently looking to hire an experienced Underwriter to join our Wholesale Financial Institution team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in either Chicago or New York City!
In this role, you will underwrite and perform financial analysis across financial institution risks. The position will have technical, transactional and market facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.
Responsibilities include:
- Generating, underwriting, and analyzing financial institution new and renewal policies.
- Market facing and production with wholesale brokers.
- Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
- Working within broad limits and authorities on highly complex assignments.
- Managing a portfolio of accounts and developing a pipeline of business.
- Collaborating and cross selling with other stakeholders and lines of business within Zurich.
This role will be filled at either the Executive Underwriter or AVP, Underwriting Director level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skill set relative to the qualifications listed for this position.
Executive Underwriter:
- High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area or Accounting, Banking, Risk Management.
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 Accounting, Banking, Risk Management.
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
OR
AVP, Underwriting Director:
- High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area, Finance, Accounting, Banking.
OR - High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
OR - Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area, Accounting, Banking, Risk Management.
OR - Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area
AND - Experience with Microsoft Office
Preferred Qualifications:
- Bachelors Degree
- Strong verbal and written communication skills
- Microsoft Office experience
Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply-your unique background matters to us. The pay range shown is a national average and may vary by location. The combined salary range for this position is $100,000.00 - $215,000.00. The proposed salary range for the Executive Underwriter is $100,000.00 - $165,000.00, with Global Specialty Incentive Plan bonus eligibility set at 30%. The proposed salary range for the AVP, Underwriting Director is $130,000.00 - $215,000.00, with Global Specialty Incentive Plan bonus eligibility set at 40%.
We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]
Location(s): AM - New York, AM - Chicago
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-KJ1 #LI-ASSOCIATE #LI-HYBRID
