Logo
Zurich NA

(Senior or AVP) Financial Institutions Underwriter- Middle Markets

Zurich NA, Schaumburg, Illinois, us, 60159


(Senior or AVP) Financial Institutions Underwriter- Middle Markets

118493

Zurich North America is hiring an experienced Financial Institutions Underwriter (Senior or AVP) Middle Markets. This Hybrid role will give the flexibility to work both in the office and remotely. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office two days a week for team collaboration.

As a Financial Institutions Underwriter in Middle Markets you will handle complex new and renewal domestic middle market accounts and serve as a Subject Matter Expert on the team. 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 industry business; this role is an exciting expansion opportunity allowing for high growth potential and visibility & support.

This role will be filled at either Senior or AVP level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skillset 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 P&C Financial Institutions including Package, Auto, Workers Comp and Umbrella lines.

Using a disciplined approach to exposure evaluation, risk assessment and pricing

Using risk insights, data and models to drive informed decisions at point of sale

Identifying gaps involves and aligning Zurich’s products and value proposition to offer a solution that provides the contract certainty the customer needs

Demonstrating strong analytical skills and executing as an innovative advisor

Underwriting, analyzing and generating new and renewal business.

Market facing and production within the growing International division

Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules

Developing and maintaining agency and broker relationships

Working within broad limits and authorities on highly complex assignments

(Senior) Financial Institutions Underwriter- Middle Markets Basic Qualifications:

High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area or in Accounting, Banking, or Risk Management area.OR

High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support areaOR

Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting o r Market Facing area in Accounting, Banking, or Risk Management area.OR

Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support areaAND

Knowledge of Microsoft Office

Experience working on time restraints for quotes on new and renewal business

Experience working in a team environment

OR

(AVP) Financial Institutions Underwriter- Middle Markets Basic Qualifications:

High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area or in Accounting, Banking, or Risk Management area.OR

High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support areaOR

Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area or in Accounting, Banking, or Risk Management area.OR

Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underrwriting Support areaAND

Experience with Microsoft Office

Preferred Qualifications:

Bachelor’s Degree

Financial Institutions Middle Markets Underwriting experience

Experience and knowledge of foreclosures, mortgage impairment/E&O is a plus

Ability to effectively assess risk

Strong retail broker relationships within the region

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

Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines

CPCU and ARM a plus

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( https://www.zurichna.com/careers/faq ).

A 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 clickhere (https://www.zurichna.com/careers) 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 - Schaumburg, AM - Chicago, AM - Cleveland, AM - Kansas Virtual Office, AM - Minneapolis, AM - St. Louis

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-NK1 #LI-ASSOCIATE #LI-HYBRID