Financial Lines Underwriter

2 weeks ago


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

Zurich North America is seeking an experienced Financial Institutions Underwriter to join our team in Chicago.

Job Summary:

We are looking for a skilled underwriter to handle complex new and renewal domestic Middle Market and National accounts for all Financial Institutions industry verticals and lines of coverage offered.

Key Responsibilities:
  • Serve as a customer industry advocate, focusing on improving the customer experience by understanding their risk and offering the best end-to-end solution for their insurance needs.
  • Use a disciplined approach to exposure evaluation, risk assessment, and pricing.
  • Utilize risk insights, data, and models to drive informed decisions at the point of sale.
  • Identify gaps and align Zurich's products and value proposition to offer a solution that provides the contract certainty the customer needs.
  • Demonstrate strong analytical skills and execute as an innovative advisor.
  • Underwrite, analyze, and generate new and renewal business.
  • Market facing and production within the growing International division.
  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manual rules.
  • Develop and maintain agency and broker relationships.
  • Work within broad limits and authorities on highly complex assignments.
Requirements:
  • High School Diploma or Equivalent and 3 or more years of experience in the Insurance or Market Facing area, Accounting, Banking, or Risk Management.
  • OR High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area.
  • 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.
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.
About Zurich:

Zurich is a leading global organization with over 150 years of experience managing risk and supporting resilience. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500.

We strive to provide ongoing career development opportunities and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging.

Join us in building a brighter future for our colleagues, our customers, and the communities we serve.



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