Zurich NA Market Facing Underwriter, Surety in Chicago, Illinois

Zurich Insurance is currently looking for a Market Facing Underwriter for our ContractSurety Division. This is a highly technical and market facing position and requires experience with Contract Surety lines of business.As a member of Zurich's Surety Underwriting Team you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will underwrite and analyze new and renewal Surety business utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level service to customers.Our Underwriters are Client Externally Focused and the job’s core deliverables rely on delivering service to external clients and customers.

This position can be located in our Chicago Office.

High Level Influencer Externally Focused - The job’s core deliverables rely on influencing or negotiating with external contacts on strategic impact matters. Relationships typically involve persuading or countering opposition, often with vendor representatives or senior management level customers.

Our Contract Surety Underwriter is responsible for:

  • Marketing Zurich's products and services
  • Developing, underwriting, and managing a portfolio of Contract Surety business
  • Managing the selection/denial of new and/or renewal business
  • Developing and maintaining relationships with brokers and customers
  • Developing, administering and monitoring complex underwriting rules and guidelines
  • Investigating, recommending and leading product development efforts
  • Leading and participating on project and key initiative teams
  • Assures development and implementation of policy, procedures and standards to produce profitable underwriting results
  • Significantly contributing to process improvement and technology innovation
  • Working in close collaboration with other teams within Zurich, including risk management, operations and finance
  • Addressing governance and regulatory compliance issues

Basic Qualifications:

  • 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 approved Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
  • OR
  • Zurich approved Apprenticeship program 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
  • Surety Experience

Preferred Qualifications:

  • Bachelor’s Degree
  • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
  • Ability to effectively assess risk
  • Ability to work in a team-based environment
  • Knowledge of time restraints for quotes on new and renewal business
  • Strong presentation skills
  • Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
  • Ability to effectively assess risk
  • Possess knowledge of time restraints for quotes on new and renewal business
  • Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
  • Strong presentation skills and a solutions and service orientation

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.

Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.

Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE disability/vets

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.

UW2016

**Title:** *Market Facing Underwriter, Surety*

**Location:** *Illinois-Chicago*

**Requisition ID:** *17000694*