Zurich Insurance Group

Underwriting Specialist - Large Property

Zurich Insurance Group$87K — $142K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or equivalent and 3+ years in underwriting or market-facing roles, or
  • High School Diploma or equivalent with 6+ years in claims or underwriting support, or
  • Zurich Certified Insurance Apprentice with an Associate Degree and 1+ years in underwriting or market-facing, or
  • Zurich Certified Insurance Apprentice with an Associate Degree and 4+ years in claims or underwriting support.
  • Knowledge of commercial large property policies and legal guidelines.

Responsibilities

  • Administer underwriting rules and insurance laws.
  • Collaborate with Line of Business representatives for business needs.
  • Maintain relationships with agents and brokers for retention and growth.
  • Support sales culture by assisting agents and customers.
  • Proactively seek renewal and new account opportunities.
  • Conduct detailed assessments with distributors to identify growth.
  • Qualify accounts aligned with organization's appetite.
  • Make purposeful broker/customer and on-site visits.

Benefits

  • Competitive pay and comprehensive benefits for employees and families.
  • Short-term incentive bonus eligibility of up to 10%.
  • Encouragement to apply beyond expected salary range based on unique background.
Full Job Description
We are seeking a Large Property Underwriter to join our National Accounts- team in Los Angeles.

In this market-facing role, you will use your underwriting expertise, analytical skills, and understanding of commercial large property exposures to evaluate new and renewal large property business. This position requires strong broker relationship management, sales execution, and knowledge of commercial large property policies. Travel for this role is approximately 20%.

Key Accountabilities of this role:

  • Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Develop, maintain & 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 works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
  • Support the organization's sales culture by being 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 with the organization's appetite, balanced with sound business opportunity.
  • Make broker/customer and on-sight calls with a planned and well-prepared purpose.


Basic 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
  • Commercial Large Property underwriting experience and broker relationships in the Southern California region
  • Ability to effectively assess risk
  • Strong negotiation skills
  • Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
  • Possess knowledge of time restraints for quotes on new and renewal business
  • Excellent oral and written communication skills
  • CPCU and ARM a plus


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 proposed Salary range for this position is $87,200.00 - $142,700.00, 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 - Los Angeles
Remote Working: No
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-BN1 LI-ASSOCIATE #LI-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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