Zurich Insurance Group

Underwriting Specialist OR Executive Underwriter- Large Property

Zurich Insurance Group$75K — $165K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • High School Diploma or Equivalent with 3-5 years of experience in Underwriting or Market Facing area.
  • High School Diploma or Equivalent with 6-10 years of experience in Claims or Underwriting Support area.
  • Zurich Certified Insurance Apprentice with an Associate Degree and relevant experience in Underwriting or Market Facing area.
  • Knowledge of commercial property underwriting and legal regulatory guidelines.
  • Proficiency in Microsoft Office tools.

Responsibilities

  • Administer underwriting rules, guidelines, and insurance regulations.
  • Develop and collaborate with Line of Business representatives.
  • Build and maintain relationships with agents and brokers for business retention.
  • Support sales culture by being a point of contact for stakeholders.
  • Proactively seek renewal and new account opportunities.
  • Conduct detailed assessments with distributors to identify growth potential.
  • Qualify accounts in alignment with the organization's appetite and business opportunities.

Benefits

  • Flexible hybrid work schedule to support work-life balance.
  • Opportunities for professional growth through apprenticeships and on-the-job training.
  • Involvement in a dynamic and supportive team environment.
  • Engagement with a wide network of agents and brokers in the industry.
  • Access to comprehensive employee benefits that support families.
Full Job Description
Zurich is seeking an Underwriting Specialist OR Executive Underwriter, Large Property for our National Accounts Large Property Underwriting team in our San Francisco or Seattle. While this position will be based out of a Zurich office, 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 will 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.

This role will be filled at either the Underwriting Specialist OR Executive Underwriter 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.

As an Underwriting Specialist OR Executive Underwriter, Large Property you will have a chance to use your marketing and analytical skills. Specifically, you will analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level service to customers. This is a market facing position thus we are seeking someone with a strong sales execution mindset and knowledge of commercial property policies.

Some of the key accountabilities of this role include:

  • 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 - Underwriting Specialist, Large Property:

  • 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


OR

Basic Qualifications - Executive Underwriter, Large Property:

  • High School Diploma or Equivalent and 5 or more years of experience in commercial underwriting or brokerage 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 approved Apprenticeship program including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich approved Apprenticeship program including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environment


Preferred Qualifications (Both levels):

  • Bachelors Degree
  • Technical knowledge of commercial Property Underwriting
  • Established broker relationships (Retail, select brokers) in Western Region
  • Sales execution mindset
  • Creative problem solving skills
  • Strong verbal and written communication 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 $75,000.00 - $165,000.00. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 15%. The proposed salary range for the Executive Underwriter is $100,000.00 - $165,000.00, 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 - San Francisco, AM - Seattle
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

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