Senior Financial Lines Underwriter

4 weeks ago


Chicago, Illinois, United States Zurich Insurance Company Ltd Full time
Job Title: Senior Financial Lines Underwriter

Zurich North America is seeking an experienced Senior Financial Lines Underwriter to join our team in Chicago. As a Senior Financial Lines Underwriter, you will be responsible for handling complex new and renewal domestic Middle Market and National accounts for all Financial Institutions industry verticals and lines of coverage offered.

Key Responsibilities:

  • 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.
  • 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 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.

Requirements:

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area, Accounting, Banking, or Risk Management.
  • 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 1 or more years of experience in the Underwriting or Market Facing area, Accounting, Banking, or Risk Management.
  • OR Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area.
  • 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.

Preferred Qualifications:

  • Bachelors 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.

About Zurich:

Zurich is a leading global insurance company with over 150 years of experience managing risk and supporting resilience. We offer a comprehensive employee benefits package and competitive compensation. We value diversity and inclusion and strive to create an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging.

Location: Chicago, IL

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No



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