Zurich NA AVP/Senior Underwriting Specialist, Financial Institutions in New York, New York
AVP/Senior Underwriting Specialist, Financial Institutions
Zurich is currently looking for an AVP/Senior Underwriting Specialist with an expertise in Financial Institutions to join the Management Risk team within Zurich Wholesale & Surplus, a business unit that is 100% dedicated to Wholesale brokers.
The position would sit in our New York office and as a member of the Management Risk team you will be part of a fast growing and dynamic group.
You will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will analyze and underwrite new and renewal wholesale business, under general direction, 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 AVP/Senior Underwriting Specialist is responsible for:
Underwrite and analyze new and renewal wholesale business utilizing The Zurich Way of Underwriting framework and within delegated authority levels on assignment of higher technical complexity and coordination.
Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
Develop, maintain & collaborate with Line of Business representatives on referrals and other business related needs, as appropriate.
May provide guidance to lower level associates.
Develop and maintain relationships with wholesale distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
Proactively seek renewal and new account opportunities.
Complete detailed opportunity assessment with key distributors to identify growth opportunities
Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
Make broker/customer and on-sight calls with a planned and well-prepared purpose
Negotiate Terms & Conditions and close deals.
Cross-Sell other lines of business to increase product density with the account
Participate in Sales Team meeting as related to assigned brokers and / or territory.
Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
Calculate Target Price accurately by utilizing underwriting tools appropriately.
Measure exposures/analyze risk.
Quote and set coverage, negotiate terms and conditions.
Service accounts, handles declination's/cancellations.
Participate in marketing presentations to assigned agents/brokers.
Provide technical advice that enables a customer to solve a problem or improve business.
Business Travel, as required (Approx. 15% Travel)
High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing areaOR
High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support areaOR
Zurich approved Apprenticeship program including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing areaOR
Zurich approved Apprenticeship program including an Associate Degree and 12 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
Established broker relationships in the Wholesale Space (and the ability to develop)
Experience with Private and/or Public risks is a plus
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.
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.
Primary Location: United States-New York-New York
Travel Yes, 15 % of the Time
Relocation Available No
Job Posting 05/14/19
Unposting Date Ongoing
Req ID: 1900039C
It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.