VP, Territory Director, Commercial Surety

VP, Territory Director, Commercial SuretyLocation:

Chicago or Schaumburg, IL (Other Midwest locations considered)Zurich is currently looking for a VP, Territory Director for our Commercial Surety Group in the Central Region. The Central region is one of the largest regions within Zurich, including North and South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Wisconsin, Illinois, Indiana, Ohio, and Tennessee. You will be expected to travel as necessary to support the needs of the team and cultivate key broker relationships within the region.This is a critical leadership position focusing on developing underwriting talent and cultivating broker relationships. We are looking for a leader who will exercise strong technical underwriting knowledge while managing a team of production underwriters and drive a cohesive team in delivering on our strategy.Responsibilities:

Manage a team of market-facing underwriters, providing continuous coaching and mentorship.Oversee development plans for underwriters to ensure they can drive profitable business results.Develop processes and review policies relevant to underwriting aligned with strategic business objectives.Identify market trends and coverage exposures that may impact business results; work with actuaries to ensure a proper rate/price structure.Manage relationships with key internal stakeholders to identify opportunities for service improvement.Participate in leadership team meetings to provide specialist guidance and enable the implementation of policies and projects.Contribute to the business strategy to align underwriting strategy with wider business goals.Underwrite and analyze new and renewal business within delegated authority levels.Recommend and implement action plans after reviewing agency books of business and profit/growth results.Develop and maintain relationships with distributors (agents and brokers) to support business retention and profitable new business.Work with customers and distributors to determine their insurance-related needs and provide solutions.Basic Qualifications:

Bachelor’s Degree and 10 or more years of experience in Underwriting, Market Facing, Broker, Carrier, or Risk Management within the Commercial Insurance industry ORBachelor’s Degree with 20 or more years of experience in Claims or Underwriting Support within the Commercial Insurance industry ANDExperience in Commercial Surety.2 or more years of people management experience.Preferred Qualifications:

Advanced knowledge and practice of Surety Bonds.Strong managerial, team building, and organizational skills.Strong relationship, presentation, negotiation, and leadership skills.Ability to interact with the C-Suite.Knowledge in risk selection and assessment.Ability to manage complex portfolios.Technical knowledge of insurance industry operations and processes.Knowledge of loss trends, triangles, and ratemaking.As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time.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. 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.Location(s): Chicago, Columbus, Edina, Grand Rapids, Indianapolis, Milwaukee, Minneapolis, Omaha, Overland Park, Schaumburg, St. Louis.Remote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No

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