Construction Property Underwriter I or II

Zurich Insurance Company Ltd.; Indianapolis (IN); Hybrid; USD 78,000 - 139,000; Full time

Job summary

Zurich Insurance Company Ltd. is hiring a Construction Property Underwriter to join the Midwest Construction team. You will review risk, determine pricing, and support broker relationships while delivering end-to-end solutions for our commercial clients.

The role emphasizes risk evaluation, disciplined underwriting, and market-facing work within a growing division. A strong knowledge of insurance guidelines and office tools is expected, with opportunities for professional growth in a

Qualifications

• High School Diploma or Equivalent and 1+ years in Insurance or Market Facing area OR
• High School Diploma or Equivalent and 2+ years in Claims or Underwriting Support area
• Knowledge of the insurance industry and regulatory environment
• Knowledge of underwriting philosophy, techniques, regulations and guidelines

Responsibilities

• Serving as a customer industry advocate with focus on improving customer experience by understanding risk and offering end to end solutions
• 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
• Market facing and production within the growing Construction division
• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
• Working within broad limits and authorities on highly complex assignments

Skills

Risk assessment

Underwriting

Industry knowledge

Pricing

Education

High School Diploma or equivalent

Bachelor's degree (preferred)

Tools

Microsoft Office

Job description

Zurich is currently hiring a Construction Property Underwriter to join the Construction team in the Midwest. As a member of Zurich's Underwriting Team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with our preferred distribution partners in the territory. This is an exciting time to join Construction at Zurich!

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.
• Market facing and production within the growing Construction division.
• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
• Working within broad limits and authorities on highly complex assignments.

Basic Qualifications

Construction Property Underwriter I

• High School Diploma or Equivalent and 1 or more years of experience in the Insurance or Market Facing area OR
• High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area AND
• Knowledge of the insurance industry and the legal and regulatory environment
• Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines

Construction Property Underwriter II

• High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area.
• 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.
• Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area AND
• Knowledge of Commercial Casualty 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
• Established broker relationships
• Sales execution mindset
• Creative problem solving skills
• Strong verbal and written communication skills

Compensation

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

The compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $78,000.00 - $139,000.00. The proposed salary range for the Level I is $78,000.00 -$108,000.00, with short-term incentive bonus eligibility set at 10%. For the Level II is $94,000.00 - $139,000.00, with short-term incentive bonus eligibility set at 10%.

We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education.

Company Culture

What can go right when you apply at Zurich? Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve.

Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation.

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.

Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.

Location and Employment Details

Location(s): AM - Chicago Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-JJ1 #LI-ASSOCIATE #LI-HYBRID