Middle Markets Underwriter
4 days ago
Zurich Insurance Group is seeking a highly skilled Middle Markets Underwriter to join our team in Parsippany. As a key business segment within our organization, Middle Markets is focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills, and solution-focused problem-solving abilities.
Key Responsibilities- Serving as a Customer Advocate: Understand customer risk and offer the best end-to-end solution for their insurance needs.
- Exposure Evaluation and Risk Assessment: Use a disciplined approach to evaluate exposure and assess risk.
- Using Risk Insights and Data: Drive informed decisions at the point of sale using risk insights, data, and models.
- Identifying Gaps and Aligning Solutions: Identify gaps in Zurich's products and value proposition and align them to offer a solution that provides contract certainty for customers.
- Strong Analytical Skills and Innovative Advising: Demonstrate strong analytical skills and execute as an innovative advisor.
- Underwriting, Analyzing, and Generating Business: Underwrite, analyze, and generate new and renewal business.
- Market-Facing Presence and Production: Maintain a market-facing presence and produce within the growing Middle Markets division.
- Administering and Monitoring Underwriting Rules: Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manual rules.
- Developing and Maintaining Agency and Broker Relationships: Develop and maintain agency and broker relationships.
- Working within Broad Limits and Authorities: Work within broad limits and authorities on highly complex assignments.
- High School Diploma or Equivalent: 3 or more years of experience in Underwriting or Market Facing area, or 6 or more years of experience in Claims or Underwriting Support area.
- Zurich Certified Insurance Apprentice: Associate Degree and 1 or more years of experience in Underwriting or Market Facing area, or 4 or more years of experience in Claims or Underwriting Support area.
- Knowledge and Skills: Knowledge of lines of business, legal and regulatory guidelines, time restraints for quotes on new and renewal business, and experience with Microsoft Office.
- Bachelor's Degree: Market-facing, Property & Casualty underwriting experience, 3 or more years of Underwriting experience in Middle Market or larger.
- Strong Analytical Skills and Innovative Advising: Ability to effectively assess risk, strong negotiation skills, strong retail broker relationships, and superior skills in relationship building, active listening, needs analysis, and win-win negotiating.
- Excellent Communication Skills: Excellent oral and written communication skills, strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines, and demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Zurich offers a comprehensive employee benefits package and competitive compensation. For more information, please click here. Zurich is an equal opportunity employer and welcomes diversity in the workplace. We do 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.
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