Zurich NA AVP, Property Underwriting Specialist, E&S in Schaumburg, Illinois
AVP, Property Underwriting Specialist, E&S
Zurich North America (ZNA) is seeking an AVP, Property Underwriting Specialist for Zurich E&S, ZNA’s independent business division servicing the excess and surplus lines industry. The AVP, Property Underwriting Specialist is a new position that will be responsible for the development and implementation of underwriting rules, guidelines and products to support the full limit and shared and layered property offerings for Zurich E&S. This role will monitor market trends for profitability indicators and emerging issues and ensuring the property offerings remain current and appropriate to the customer segments served by the E&S unit.
Additional responsibilities include:
Recommending and developing underwriting rules and guidelines including identifying opportunities to leverage objective data points as drivers of risk selection, coverage and terms.
Working with the Head of Underwriting, Head of E&S Property and Property Portfolio Managers in identifying opportunities to expand appetite supported by market sizing and profitability assessments, and to identify opportunities for corrective actions to enhance profitability.
Working with the Product Development team as an SME in the development of new standard or bespoke coverages.
As part of the product development process, the role will collaborate with actuaries to ensure product changes are appropriately reflected in rating plans.
Assisting in the identification and development of reporting capabilities to support monitoring of portfolio KPI’s and insights and report regularly to the line of business management team.
Training to underwriting teams on new products or processes and well as participate in Quality Assurance reviews.
This position reports to the Head of Underwriting E&S. The rolecan be a located in Atlanta, GA or Schaumburg, IL. This opportunity offers a hybrid work schedule (in-office and remote).
Bachelor’s Degree and 8 or more years of experience in the Underwriting or Product Development areaOR
High School Diploma or Equivalent and 10 or more years of experience in the Underwriting or Product Development area
Extensive knowledge of surplus lines property markets and products
Experience across an array of risk segments including large risks, middle markets and SME preferred
Demonstrated experience in drafting underwriting guidelines for complex and diverse schedules that align with business unit strategy objectives as well as business unit and corporate risk tolerances
Demonstrated ability to leverage data and technology to drive underwriting outcomes
Expertise in product forms, coverage and manuscripting
Experience in capacity deployment including for catastrophe risk
Excellent communications skills and a demonstrated ability to translate complex underwriting concepts into actionable protocols and processes
Ability to conduct market research including knowledge of reliable tools and resources
Strong portfolio management skills with demonstrated track record of superior underwriting performance
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 - Schaumburg, AM - Atlanta
Remote Working: Hybrid
Schedule: Full Time
Linkedin Recruiter Tag: #LI-KH1 #LI-DIRECTOR