Zurich Insurance Group

Underwriter OR Underwriting Specialist - E&S Property

Zurich Insurance Group$60K — $125K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or Equivalent and relevant experience in Underwriting or Market Facing area (1-3 years based on level).
  • Knowledge of insurance lines, legal, and regulatory guidelines.
  • Familiarity with quoting time constraints for new and renewal business.
  • Experience in Microsoft Office.
  • Zurich Certified Insurance Apprentice with necessary experience in Underwriting or Claims.

Responsibilities

  • Advocating for customers and enhancing their overall experience with tailored insurance solutions.
  • Conducting thorough exposure evaluations and risk assessments.
  • Utilizing data and models to inform insurance decisions.
  • Engaging with market partners within the E&S Standard Property group.
  • Enforcing underwriting rules and monitoring compliance with laws and regulations.
  • Managing complex assignments within established limits.

Benefits

  • Flexible work schedule with hybrid options.
  • Access to comprehensive benefits for employees and their families.
  • Opportunity for professional growth with mentorship from experienced underwriters.
  • Short-term incentive bonus eligibility based on performance.
Full Job Description
Zurich E&S is currently looking to hire an E&S Property Underwriter for our Property team in one of the following locations: Chicago, New York or Atlanta. While this position will be based out of one of those offices, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role may require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week.

The E&S Property Underwriter will analyze and underwrite new and renewal business, regularly interacting and facing the market, under limited supervision, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of moderate technical complexity ensuring a high-level service to customers. In this role you will be working with national wholesalers to drive growth with a focus on profitability.

Responsibilities include:

  • Serving as a customer industry advocate with a focus on improving the customer experience by understanding their risk and offering the best end to end solution for their insurance needs.
  • Using a disciplined approach to exposure evaluation, risk assessment and pricing
  • Using risk insights, data, and models to drive informed decisions at point of sale
  • Market facing and production within the E&S Standard Property group
  • 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


This role will be filled at either the Underwriting or Underwriting Specialist 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.

Underwriter - Zurich E&S Required Qualifications:

  • High School Diploma or Equivalent and 1 or more years of experience in the Underwriting or Market Facing area.
    OR
  • High School Diploma or Equivalent and 2 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


OR

Underwriting Specialist - Zurich E&S Required Qualifications:

  • 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


Preferred Qualifications:

  • Bachelor's Degree with 1 or more years of experience in Underwriting with emphasis on E&S Property Underwriting or Underwriting Support
  • Strong negotiation skills and wholesale broker relationships nationwide
  • Strong verbal and written communication skills
  • Microsoft Office skills


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 $60,000.00 - $125,000.00. The proposed salary range for the Underwriter is $60,000.00 - $95,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here.]

Location(s): AM - Chicago, AM - Atlanta, AM - New York
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-WL1 #LI-ASSOCIATE #HYBRID

About Zurich Insurance Group

Zurich Insurance Group is a Swiss insurance company founded in 1872. It is one of the world's largest insurance companies, operating in over 215 countries and territories. Zurich provides a wide range of insurance products and services, including property and casualty insurance, life insurance, and pensions. The company is committed to sustainability and has set ambitious targets to reduce its carbon footprint and promote renewable energy. Zurich is also actively involved in supporting local communities through various charitable initiatives.
Learn more about Zurich Insurance Group
Size
52,930 employees
Industry
NASDAQ

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