Zurich Insurance Group

Underwriting Specialist, Eastern Region

Zurich Insurance Group$110K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree with 5+ years in Commercial Underwriting or Market Facing area, or High School Diploma with 10+ years in Commercial Claims or Underwriting Support.
  • Knowledge of Microsoft Office.
  • Experience handling under tight deadlines for quotes on new and renewal business.
  • Experience working in a collaborative team environment.
  • Fluency in French is required; English is an asset.
  • 5+ years in Liability Underwriting for Multinational Clients is preferred.
  • Post-Secondary education in Risk Management or Insurance is a plus.

Responsibilities

  • Proactively seek renewal and new account opportunities.
  • Conduct opportunity assessments with key distributors.
  • Qualify accounts aligning with organizational appetite and business opportunity.
  • Make planned visits to agents, brokers, and clients.
  • Negotiate terms and conditions to close deals.
  • Cross-sell additional lines of business to clients.
  • Engage in target account management 90 to 120 days before effective dates.

Benefits

  • Minimum of four weeks of vacation annually.
  • Four discretionary personal days for personal needs.
  • Access to comprehensive health and benefits plans.
  • Commitment to diversity, equity, inclusion, and community engagement.
  • Continuous training and development opportunities.
Full Job Description
Zurich Canadian Holdings Limited located at 100 King Street West, Suite 5500, Toronto, ON, M5X 1C9 has a permanent role for an Underwriting Specialist in our Eastern Region.

Zurich Canada is currently looking for an Underwriting Specialist to work within the Quebec Region Casualty team in Montreal at 1800 McGill College Avenue, Suite 1100, Montreal, QC, H3A 3J6. The role of the Underwriting Specialist is to generate a pipeline of new business opportunities whilst managing a renewal portfolio of upper mid-market, large and multinational clients with revenues over $300M.

This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.

Zurich Canada uses artificial intelligence-enabled tools to support certain aspects of the recruitment process, including the initial review and screening of applications. Artificial intelligence is not the sole basis for candidate shortlisting or selection. All hiring decisions are reviewed and made by qualified hiring professionals.

Zurich follows a hybrid work model requiring three days per week of in-person presence, which may include time in the office or market-facing engagements

What you will do:
• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
• Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Participate in Sales Team meetings as related to assigned brokers and / or territory.
• Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Measure exposure/analyze risk.
• Initiate product development idea.
• Assist in training and developing staff.
• Provide expertise on coverage issues with claims programs and guidelines.
• Contribute to development of u/w manuals, programs and guidelines.
• Approve/place facultative purchases
• Develop and lead marketing presentations to new and current agents/brokers
• Promote the organization's products and services in order to increase penetration within agency plant
• Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects
• Diagnose and develop recommendations to solve unique business unit and customer problems
• Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products
• Investigate, recommend and implement leading edge technical solutions when they meet customer needs
• Bilingual in French/English is a must

What you bring to the table:

Required:
• Bachelor Degree and 5 or more years of experience in the Commercial Underwriting or Market Facing area.

OR
• High School Diploma or Equivalent and 10 or more years of experience in the Commercial Claims or Commercial 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
• French proficiency is a mandatory requirement for this role, English proficiency is an asset.

Preferred:
• 5+ years in Liability Underwriting (Multinational Clients)
• Bachelors Degree
• Post-Secondary Education in Risk Management or Insurance
• Previous Legal knowledge or experience
• Strong verbal and written communication skills
• Microsoft Office experience

At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is $110,000 to $130,000. This range reflects the expected pay for the role across Canada and may vary depending on factors like office location, specific responsibilities, and individual qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate's skills and experience.

Fluency in both spoken and written English is required to facilitate communication with internal and external stakeholders outside Quebec.

Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

Contact Info:

Telephone: 1 (800) 268-9168
Email: [email protected]

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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