Zurich NA Market Facing Underwriter, Contract Surety in Parsippany, New Jersey

Market Facing Underwriter, Contract Surety


Put your Contract Surety knowledge, or your construction accounting and/or construction banking/lending experience to work at Zurich as a Contract Surety Underwriter!

Zurich Insurance is currently looking for a Market Facing Underwriter for our Contract Surety Division. This is a 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/or customers. Typically involves building relationships and promoting the company.

This position can be located in our Parsippany, NJ office.

Our ideal Underwriter will have Contract Surety underwriting experience, or a construction accounting or construction banking/lending background with credit/risk analysis experience analyzing and evaluating public/private companies and financial/market trends

Our Market Facing Underwriter is responsible for:

  • Generating, underwriting and analyzing Surety business

  • Market facing and production activities within the Specialties Division

  • Complying with 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 complex assignments

Basic Qualifications:

  • High School Diploma or Equivalent and 1 or more years of experience in the Underwriting or Market Facing area


  • High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area


  • 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

-Finance knowledge

Preferred Qualifications:

-Bachelor’s Degree

-Knowledge of ContractSuretylines of business

-Ability to effectively assess risk

-Strong negotiation skills

-Strong broker relationships

-Skills in relationship building, active listening, needs analysis, and win-win negotiation

-Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines

-Excellent oral and written communication skills

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

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.

Primary Location: United States-New Jersey-Parsippany

Travel Yes, 5 % of the Time

Relocation Available No

Job Posting 11/09/18

Unposting Date Ongoing

Req ID: 180009CF

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.