Zurich NA Financial Institutions Underwriter, Middle Markets (Mid-Senior-Senior) in Edina, Minnesota
Financial Institutions Underwriter, Middle Markets (Mid-Senior-Senior)
Zurich North America is hiring an experienced Financial Institutions Underwriter (Mid-Senior - Senior) Middle Markets, in the Midwest! While this position will be based out of one of our offices:Chicago IL, Wisconsin, Minnesota, St Louis, Overland Park, Grand Rapids, Independence, Pittsburgh,you will have the flexibility to work both in the office and remotely. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office one day a week for a team collaboration day.
As a Financial Institutions Underwriter 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 the Mid-Senior or Senior 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
Mid-Senior (Level II) 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 areaOR
Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing areaOR
Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaAND
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
Senior Underwriter (Level III) Basic Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing areaOR
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 or Market Facing areaOR
Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
Financial Institutions Middle Markets Underwriting experience
Experience and knowledge of foreclosures, mortgage impairment/E&O is a plus
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
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 ( 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 - Chicago, AM - Overland Park, AM - Minnesota Virtual Office, AM - Wisconsin Virtual Office, AM - Pittsburgh, AM - Edina, AM - Independence, AM - Minneapolis, AM - St. Louis, AM - Grand Rapids, AM - Milwaukee, AM - Madison
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-AK1 #LI-ASSOCIATE #LI-HYBRID