Underwriting Specialist or Executive Underwriter, Construction PL
This opportunity offers a hybrid work schedule and can be based out of any Zurich office location within our South or Western regions. The role will be filled at either the Underwriting Specialist or Executive Underwriter level, determined by the selected applicant’s experience and skill set.
About the role
As an Underwriting Specialist or Executive Underwriter – Construction Professional Liability, you will handle complex new and renewal domestic Construction Professional Liability accounts and serve as a Subject Matter Expert on the 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 US.
Responsibilities
- Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules.
- Develop, maintain, and collaborate with Line of Business representatives on referrals and other business-related needs, as appropriate.
- May provide guidance to lower-level associates.
- Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition.
- Work with customers and distributors to determine their insurance-related needs and provide solutions.
- Support the sales culture by being a Help Point for agents, brokers, and customers.
- Proactively seek renewal and new account opportunities.
- Complete detailed opportunity assessments with key distributors to identify growth opportunities.
- Qualify accounts to meet the organization's appetite, balanced with sound business opportunity.
- Make broker/customer and on-site calls with a planned and well-prepared purpose.
Requirements
Underwriting Specialist
- High School Diploma or Equivalent and 3 or more years of experience in the Underwriting 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.
- 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.
Executive Underwriter
- 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.
- 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.
- Technical knowledge of Construction Professional Liability Underwriting.
- Established broker relationships (retail brokers) in the South or Western region.
- Sales execution mindset.
- Creative problem-solving skills.
- Strong verbal and written communication skills.
Pay
Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. The combined salary range for this position is $75,000.00 - $165,000.00.
- Underwriting Specialist: $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%.
- Executive Underwriter: $100,000.00 - $165,000.00, with Global Specialty Incentive Plan bonus eligibility set at 30%.
Benefits
We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
Schedule
- Full Time
- Hybrid