Zurich North America is hiring an experienced Financial Institutions Underwriter in Chicago!
This role will be filled at the Senior Underwriter level.
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 coverage
- 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 Underwriter Basic Qualifications :
- High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area
- High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
- Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
- Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
Preferred Qualifications :
- Bachelor’s Degree
- Financial Institutions Financial Lines underwriting experience
- Ability to effectively assess risk
- Strong negotiation skills
- 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
- Excellent oral and written communication skills
- Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
- Strong knowledge of underwriting philosophy, techniques, national / local filing regulations and guidelines
- PC and related software skills
- CPCU and ARM a plus
As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ().
30+ days ago