Commercial Surety Underwriter (Senior or AVP)

Zurich Insurance Company; Charlotte (NC); Hybrid; USD 80,000 - 110,000; Full time

Job summary

Zurich Insurance Company seeks an experienced Commercial Surety Underwriter at Senior or AVP level for their Surety Team. This role focuses on analyzing and underwriting complex business, partnering with brokers for profitable outcomes, and developing strong relationships. Opportunities exist for both remote and hybrid work across various locations within the Southern region, ensuring flexibility for the right candidate.

Benefits

Customized training program for non-insurance industry entrants

Collaborate with top talent in the field

Qualifications

• 5+ years experience in underwriting or market facing roles for Senior level.
• 7+ years experience for AVP level in underwriting or market facing roles.
• Knowledge of Surety line business and related regulations preferred.

Responsibilities

• Analyze and underwrite new and renewal business for clients.
• Negotiate terms and close deals with brokers.
• Manage relationships with brokers and clients to identify growth opportunities.

Skills

Risk management

Accounting

Finance

Communication skills

Negotiation

Relationship building

Education

High School Diploma or Equivalent

Bachelor’s Degree

Tools

Microsoft Office

Job description

Zurich is currently looking to hire an experienced Commercial Surety Underwriter (Senior or AVP Level) for our Surety Team. We are looking for talented professionals and therefore there is flexibility with the position location – Addison, Atlanta or Remote within the South Region.

The Senior Commercial Surety Underwriter will work to analyze and underwrite a book of new and renewal business. Underwriters will use the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers.In this role, you will partner with brokers and will utilize strong sales execution mindset to write profitable business.

This role will be filled at either the Senior or AVP level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position

• Join a global company that gives you an opportunity to collaborate with some of the best talent in the business
• Use your risk management, accounting, and / or finance experienceto support the needs of our customers
• Have the autonomy and freedom to be successful in your career
• Experience a customized training program dedicated to those new joiners outside of the insurance industry

Additional responsibilities will include :

• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make agent / broker / customer and on-sight calls with a planned and well-prepared purpose.
• Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Participate in Sales Team meeting as related to assigned brokers and / or territory.
• Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
• Update required systems with details of broker / client visits and account status within specified time frame.
• Serve as key contact for assigned target accounts.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Contribute to development of u / w manuals, programs and guidelines.
• Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products
• Investigate, recommend and implement leading edge technical solutions when they meet customer needs

Basic Qualifications :

Senior Commercial Surety Underwriter :

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting, or Market Facing area.
• High School Diploma or equivalent and 10 or more years of experience in the claims or underwriting support area
• Zurich Certified Apprentice including an associate degree and 3 or more years of experience in the Underwriting, or Market Facing area.
• Zurich Certified Apprentice including an associate degree and 8 or more years of experience in the Underwriting, or Market Facing area.
• Knowledge of Microsoft Office
• Experience working on time restraints for quotes on new and renewal business.
• Experience working in a team environment.

AVP Commercial Surety Underwriter :

• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting, or Market Facing area
• High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
• Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years in the Underwriting, or Market Facing area
• Zurich Certified Insurance Apprentice including an Associate Degree and 12 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 :

• Experience handling Large Commercial Accounts
• Highly preferred In-depth knowledge of Surety line / s of business and the legal and regulatory guidelines
• Highly preferred Knowledge of time restraints for quotes on new and renewal business
• Bachelor’s Degree
• Strong verbal and written communication skills
• Ability to effectively assess risk
• Strong broker relationships
• Superior skills in relationship building, active listening, needs analysis, and win-win negotiation
• Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
• Excellent oral and written communication skills
• Strong knowledge of underwriting philosophy, techniques, national / local filing regulations and guidelines

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

Zurich in North America is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race / ethnicity, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

Location(s) : AM - Addison, AM - Birmingham, AM - Charlotte, AM - Dallas, AM - Louisiana Virtual Office, AM - Metairie, AM - Mississippi Virtual Office, AM - Oklahoma City, AM - Tennessee Virtual Office, AM - Winston-Salem

Remote Working : Hybrid

Schedule : Full Time

Employment Sponsorship Offered : No

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