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Contract Surety Underwriter- Account Executive or AVP
2 months ago
Contract Surety Underwriter- Account Executive or AVP
Zurich North America is currently looking for a Contract Surety Underwriter to work out of our Parsippany, NJ office. This is a highly technical and market-facing position and requires experience with Surety lines of business. This position will require approximately 20% travel.
This role will be filled at either the Account Executive or AVP, Underwriting Officer level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.
This role is responsible for the following:
Production and underwriting of new and renewal Surety business
Managing a large book of prominent accounts
Internal marketing and production within Zurich North America in support of our cross-sell efforts
Execution of the external marketing strategy
Adherence to underwriting rules and guidelines, insurance laws, regulations, and the Zurich Way of underwriting
Establish new as well as develop existing agency and broker relationships
Working within limits and authorities on assignments of varying degrees of complexity
Account Executive (Level II) Basic Qualifications:
High School Diploma or Equivalent and 3 or more years of experience in the Underwriting, Banking, or Market Facing area.
OR
High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area
OR
Zurich Certified Insurance Apprentice including an associate degree and 1 or more years of experience in the Underwriting, or Market Facing area.
OR
Zurich Certified Insurance Apprentice including an associate degree and 4 or more years of experience in the Claims or Underwriting Support area.
AND
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
Underwriting Officer-AVP (Level III) 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 approved Apprenticeship program including an associate degree and 3 or more years of experience in the Underwriting, or Market Facing area.
OR
Zurich approved Apprenticeship program including an associate degree and 8 or more years of experience in the Claims or Underwriting Support area.
Knowledge of Microsoft Office
Experience working on time restraints for quotes on new and renewal business.
Experience working in a team environment.
Preferred Qualifications:
Bachelor’s Degree
Established broker relationships.
Creative problem-solving skills
Strong verbal and written communication skills
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