Financial Institutions Underwriter

1 week ago

Chicago, Illinois, United States Zurich Insurance Company Ltd. Full time

Zurich North America is hiring an experienced Financial Institutions Underwriter in Chicago

As a Financial Institutions Underwriter, you will handle complex new and renewal domestic Middle Market and National accounts for all Financial Institutions industry verticals and lines of coverage offered. 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 Institutions business; this role is an exciting expansion opportunity allowing for high growth potential and visibility & support.

This role will be filled at the Senior Underwriter level.

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 Financial Lines for Financial Institutions, including D&O, E&O, EPL, Fiduciary, and Fidelity lines of coverage
  • 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

Senior Underwriter Basic Qualifications:

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area
    OR
  • High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area

Preferred Qualifications:

  • Bachelor's Degree
  • Financial Institutions Financial Lines underwriting experience
  • 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
  • Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
  • 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 ).

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 click here 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
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-JJ1 #LI-ASSOCIATE

  • Underwriter - Financial Institutions

    2 months ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriter, Private Banking

    1 month ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Underwriter, Private Banking

    1 week ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Underwriter, Private Banking

    3 weeks ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Underwriting Consulting Director

    3 weeks ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriting Professional I

    1 week ago

    Chicago, Illinois, United States Aon Full time

    Underwriting Professional I Bankers Insurance Service (BIS) business group within Aon Affinity is a leading general underwriter that provides insurance coverage for residential and commercial mortgage lenders. Our products include fidelity bond, E&O, Professional Liability, Mortgage Impairment, D&O, Privacy/Cyber Liability, and Surety coverages tailored to...

  • Underwriting Technician, National Accounts Casualty

    1 week ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • AVP - Underwriting

    7 days ago

    Chicago, Illinois, United States Chubb Full time

    Job DescriptionTeam Lead, Complex Casualty Underwriter Primary responsibilities include Drive financial performance of a commercial book of complex casualty business Underwrite and negotiate renewals for various size customers. Meet or exceed financial goals including rate, growth, profit, retention, and new business Predominately responsible for account...

  • Underwriter - Multinational

    1 week ago

    Chicago, Illinois, United States Chubb Full time

    Job DescriptionUnderwriter - Multinational As a member of the Chubb Multinational team, this underwriting position will contribute to the achievement of regional profitability and production results through growth, development and underwriting of international property and casualty programs for US multinational companies and organizations.ABOUT THE ROLE: ...

  • Underwriting Specialist

    1 month ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriting Specialist

    3 weeks ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriting Consultant

    3 weeks ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • AVP, Underwriting

    3 weeks ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • AVP, Underwriting

    2 months ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriting Consultant

    20 hours ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • AVP, Underwriting

    3 weeks ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA seeks to offer a comprehensive and competitive benefits package to...

  • Underwriter or Senior Underwriter- Small

    19 hours ago

    Chicago, Illinois, United States Swiss Re Full time

    Are you a highly motivated individual looking for an exciting opportunity to join our Underwriting lawyers team in Chicago? Do you have passion for underwriting and are looking for a prominent role where you can demonstrate your expertise and market knowledge? If so, we want you to join our team About the Role: Our Small & Mid-Sized Lawyers Team is looking...

  • VP, Underwriting Manager

    1 week ago

    Chicago, Illinois, United States Chubb Full time

    Job DescriptionVP, Regional Underwriting Manager - Chubb Global Casualty Develops and executes the Global Domestic Casualty growth and business unit strategies for the assigned territory of the Midwest Region. As the Underwriting Manager, this position will work with various support centers of Chubb Casualty to coordinate their efforts toward achieving...

  • Underwriting Associate

    2 days ago

    Chicago, Illinois, United States CNA Full time

    You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. JOB DESCRIPTION:The Underwriting Associate partners with and supports...

  • Sr. Underwriter/AVP, Excess Casualty Underwriting

    2 days ago

    Chicago, Illinois, United States Allied World Assurance Company Holdings, Ltd Full time

    Job Summary:Will be responsible for managing and growing a portfolio and book of business for company's General Casualty business by exercising proper underwriting discipline, and by marketing and servicing both existing and potential retail clients, focusing on retail distribution with a targeted approach on construction, real estate, and products liability...