Senior Financial Lines Underwriter
Zurich Insurance Company Ltd. - Chicago, IL
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Zurich North America is hiring an experienced Financial Institutions Underwriter in Chicago! As a Financial Institutions Underwriter, you will handle complex new and renewal domestic Middle Market and National accounts for all Financial Institutions industry verticals and lines of coverage offered. As a member of Zurich's underwriting team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with select brokers focused in the region. With more than 125 years of experience, Zurich has a broad and varied appetite for Financial Institutions business; this role is an exciting expansion opportunity allowing for high growth potential and visibility & support. This role will be filled at the Mid or Senior 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. The Financial Institutions Underwriter is responsible for: 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, specifically within Financial Lines for Financial Institutions, including D&O, E&O, EPL, Fiduciary, and Fidelity lines of coverageUsing a disciplined approach to exposure evaluation, risk assessment and pricingUsing risk insights, data and models to drive informed decisions at point of saleIdentifying gaps involves and aligning Zurich's products and value proposition to offer a solution that provides the contract certainty the customer needsDemonstrating strong analytical skills and executing as an innovative advisorUnderwriting, analyzing and generating new and renewal businessMarket facing and production within the growing International division Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rulesDeveloping and maintaining agency and broker relationshipsWorking within broad limits and authorities on highly complex assignments Mid-Senior Underwriter Basic Qualifications: High School Diploma or Equivalent and 3 or more years of experience in the Insurance or Market Facing area, Accounting, Banking, or Risk Management.ORHigh School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support areaAND Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing areaORZurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area AND OR Senior Underwriter Basic Qualifications: High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area, Accounting, Banking, or Risk Management.ORHigh School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support areaORZurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area, Accounting, Banking, or Risk Management.ORZurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaANDKnowledge of line/s of business and the legal and regulatory guidelinesKnowledge of time restraints for quotes on new and renewal businessExperience with Microsoft Office Preferred Qualifications: Bachelor's DegreeFinancial Institutions Financial Lines underwriting experienceAbility to effectively assess riskStrong negotiation skillsStrong retail broker relationships within the regionSuperior skills in relationship building, active listening, needs analysis, and win-win negotiatingPossess knowledge of time restraints for quotes on new and renewal businessExcellent oral and written communication skillsPossess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlinesStrong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelinesPC and related software skillsCPCU and ARM a plusAs a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (future with Zurich. What can go right when you apply at Zurich? Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more. As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. Location(s): AM - ChicagoRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-JJ1 #LI-ASSOCIATE
Created: 2024-11-01