Cyber E&O Underwriter II

Zurich 56 Company Ltd; Chicago (IL); Hybrid; USD 94,000 - 139,000; Full time

Job summary

An established industry player is seeking a Cyber, E&O Underwriter II to enhance their Professional Liability & Cyber team. In this dynamic role, you will be responsible for underwriting and risk analysis across various professional liability lines, including Tech E&O and Security and Privacy. You will engage with brokers, manage a diverse portfolio, and contribute to product development and marketing initiatives. This position offers a unique opportunity to leverage your expertise in a hybrid work environment, fostering collaboration and innovation. If you are passionate about the insurance industry and ready to make a significant impact, this role is perfect for you.

Qualifications

• 3+ years of experience in Underwriting or Market Facing roles.
• Knowledge of legal and regulatory guidelines for insurance.

Responsibilities

• Administer underwriting rules and monitor compliance.
• Develop relationships with brokers and manage a portfolio.

Skills

Underwriting

Risk Analysis

Communication Skills

Relationship Management

Education

High School Diploma or Equivalent

Associate Degree

Tools

Microsoft Office

Job description

Zurich Insurance is currently looking for a Cyber, E&O Underwriter II to join our Professional Liability & Cyber team! This is a market facing position that will support Zurich’s growth initiatives for the professional liability and cyber team working in our middle market segment.

In this role, you will underwrite and perform risk analysis across Miscellaneous Professional Liability, Tech E&O, Employed lawyers and Security and Privacy. The position will have technical, transactional and market facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.

Responsibilities:

• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
• Developing and maintaining relationships with the external broker and agency communities and other internal Zurich business units to meet production growth goals
• Providing superior service to our broker partners and customers
• Identifying and calculating the potential risk of loss from policyholders while establishing appropriate premium rates following Zurich guidelines
• Managing a portfolio of accounts and developing a pipeline of business
• Collaborating and cross selling with other stakeholders and lines of business within Zurich

Basic Qualifications:

• 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
  AND
• 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

Preferred Qualifications:

• Underwriting experience with E&O and Cyber products
• Established wholesale broker relationships in targeted region
• Service oriented and responsive
• Strong verbal and written communication skills

At Zurich, compensation for roles is influenced by a variety of factors, including but not limited to the specific office location, role, skill set, and level of experience. The proposed salary range for this position is $94,000.00 – $139,000.00, with short-term incentive bonus eligibility set at 10%.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet

Location(s): AM - Chicago, AM - Minneapolis
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No