Underwriting Specialist OR Executive Underwriter - Middle Market

Over the past five years, Zurich North America has built a world-class Middle Market operation that serves key industries across the U.S. We strive to assemble a team of dedicated Middle Market leaders and underwriters who understand this space deeply and grasp the unique challenges of the various industry segments and individual customers we serve. This position is based in Philadelphia, PA, with hybrid work flexibility. You will partner with your manager to set a schedule that supports you, our customers, and our brokers and agents, with an expectation of being in the office or market three days per week.

About the role

In this role, you will serve as a customer advocate with a focus on improving customer experience by understanding their unique risks and offering the best end-to-end solution for their Property & Casualty insurance needs. You will develop and maintain relationships with broker partners and customers across all industries in support of business objectives. This position will be filled at either the Underwriting Specialist or Executive Underwriter level, determined by the hiring manager based on the selected applicant’s experience and skill set.

Responsibilities

• Leverage Property and Casualty underwriting acumen across risk assessment, exposure evaluation, and pricing to generate and maintain a profitable book of new and renewal business.
• Work collaboratively across business units including claims, finance, risk engineering, actuary, and technical underwriting while gaining extensive knowledge in a growing and innovative industry.
• Use technical underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory.
• Understand and apply knowledge of lines of business and legal/regulatory guidelines.
• Manage time restraints for quotes on new and renewal business.

Requirements

Underwriting Specialist

• High School Diploma or Equivalent and one of the following:
  • 3 or more years of experience in Underwriting or Market Facing area.
  • 6 or more years of experience in Claims or Underwriting Support area.
  • Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in Underwriting or Market Facing area.
  • Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in Claims or Underwriting Support area.
• Knowledge of line/s of business and legal/regulatory guidelines.
• Experience with Microsoft Office.

Executive Underwriter

• High School Diploma or Equivalent and one of the following:
  • 5 or more years of experience in Underwriting or Market Facing area.
  • 10 or more years of experience in Claims or Underwriting Support area.
  • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in Underwriting or Market Facing area.
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in Claims or Underwriting Support area.
• Experience with 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.
• Experience handling all lines of business in the Middle Market space (Auto, GL, Workers Compensation, Umbrella, Inland Marine, and Property).
• Broker relationships.
• Strong verbal and written communication skills.

Pay

Your pay at Zurich is based on your role, location, skills, and experience. The combined salary range for this position is $79,600.00 - $172,300.00.

• Underwriting Specialist: $79,600.00 - $130,300.00, with short-term incentive bonus eligibility set at 10%.
• Executive Underwriter: $105,200.00 - $172,300.00, with short-term incentive bonus eligibility set at 15%.

Benefits

We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.