Zurich NA Market Facing Underwriting Trainee (MIDWEST Region) in Schaumburg, Illinois
Market Facing Underwriting Trainee (MIDWEST Region)
Zurich is currently looking for a Underwriter Trainee, to support our Underwriting Team working out of one of our Midwest Region North American offices.
Zurich’s Underwriter Trainee Program provides an entry level opportunity for individuals with the drive to become successful members of our underwriting team. This is an exciting way to begin a career in Commercial Insurance! While working within the structure of a formalized training program, you will learn the fundamentals of multi-line underwriting, including measuring exposure, analyzing risk, pricing, quoting, setting coverage, etc. The program starts June 2019 and will include 6-8 weeks of classroom training in our Schaumburg, IL office (housing accommodations provided by Zurich.)
Upon successful completion of the classroom training, underwriter trainees will work in a field or line of business office setting, and will continue to work with their manager, mentor, and peer underwriters to understand The Zurich Way of Underwriting and perform basic underwriting functions in a market-facing or product underwriting role.
Working within the structure of a formalized underwriting training program, individual will learn the fundamentals of insurance underwriting including reviewing the financial performance of diverse businesses, analyzing financial statements, measuring exposure, analyzing risk, pricing, quoting, setting terms and conditions, etc. Upon completion of the underwriting training, and under close supervision and guidance, Associate Underwriter will perform basic market-facing underwriting functions in a field office setting, working within defined authority levels.
Bachelor’s degree and a final cumulative GPA at/above 3.0 on a 4.0 scale or two Zurich Performance reviews with a Zurich Underwriter Recommendation.
Legally eligible to work in the U.S.
Must be able to travel to Schaumburg, IL for 6-8 weeks of classroom training
Corporate internship experience or corporate work experience
Leadership and involvement in extracurricular activities and on campus organizations and/or community, public service or similar activities
Excellent interpersonal and communication skills
Willingness to embrace the Zurich Basics of Integrity, Sustainability, Customer centricity, Excellence and Teamwork.
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 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-Illinois-Chicago
Other Locations: United States-Illinois-Schaumburg, United States-Ohio-Independence
Travel Yes, 10 % of the Time
Relocation Available No
Job Posting 09/06/18
Unposting Date Ongoing
Req ID: 180007KN
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.