Life Science Underwriter (Sr. or AVP)

Zurich Australian Insurance Ltd.; Dallas (OR); Hybrid; USD 120,000 - 222,000; Full time

Job summary

An established industry player is seeking an experienced Life Sciences Underwriter to join their dynamic Middle Market team. This hybrid role offers the flexibility to work from Dallas or Houston, with potential remote options for Texas residents. The ideal candidate will leverage their strong underwriting skills and sales mindset to manage complex insurance needs in the life sciences sector. You will collaborate with various teams, refine underwriting guidelines, and build valuable relationships with distribution partners. If you're ready to take your career to the next level in a supportive and innovative environment, this opportunity is for you.

Qualifications

• 5+ years of underwriting experience or 10+ years in claims support.
• Strong analytical skills and understanding of life science exposures.

Responsibilities

• Serve as a Life Science industry advocate to improve customer experience.
• Underwrite and analyze new and renewal business for Life Science risks.

Skills

Underwriting

Risk Assessment

Analytical Skills

Customer Experience Improvement

Problem Solving

Team Collaboration

Sales Mindset

Education

High School Diploma or Equivalent

Associate Degree

Tools

Microsoft Office

Job description

Zurich is currently hiring an experienced Life Sciences Underwriter to join the Middle Market team in Texas. This position will be a hybrid role based in either Houston or Dallas and could be a remote position if the candidate is Texas based, but not located in the Houston or DFW metro.

Middle Markets is a key business segment within Zurich North America and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills and solution focused problem solving abilities. Zurich Middle Markets offers end to end solutions for our customers, inclusive of international programs. You will handle complex new and renewal Middle Markets business and serve as a Subject Matter Expert for Middle Markets Life Science. 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 within your area and grow your long-term career. This is an exciting time to join Middle Markets at Zurich!

This role will be filled at 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.

Responsibilities include:

• Serving as a Life Science industry practice 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.
• Assisting in the refinement of underwriting guidelines for life science exposures.
• Identifying gaps in customer’s programs and aligning Zurich’s products and value proposition to offer a solution that provides the contract certainty the customer needs.
• Demonstrating strong analytical skills and executing as an innovative advisor.
• Underwriting, analyzing and generating new and renewal business for Life Science risks.
• Demonstrating strong coverage analysis skills and understanding and ability to communicate life science defenses and exposure analysis for product liability.
• Market facing and production within the growing Middle Markets division.
• Collaborating with multiple groups within Zurich to build knowledge and understanding of life science exposures, controls, market requirements, and opportunities.
• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
• Developing and maintaining agency and broker relationships.
• Working within broad limits and authorities on highly complex assignments.

Basic Qualifications:

Senior:

• 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 Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area.
• 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.

OR

AVP:

• 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 of experience 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.
• Experience with Microsoft Office.

Preferred Qualifications:

• Advanced knowledge and practice of line/s of business.
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines.
• Ability to effectively assess risk.
• Ability to work in a team-based environment.
• Knowledge of time restraints for quotes on new and renewal business.

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. In compliance with local laws, Zurich commits to providing a fair and reasonable compensation range for each role. For more information about our Total Rewards, please click here. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply, as they will be considered based on their experience, skills, and education. The salary 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 $120,000.00 - $222,000.00. The proposed salary range for the Senior is $120,000.00 - $170,000.00, with short-term incentive bonus eligibility set at 15%. For the AVP is $172,000.00 - $222,000.00, with short-term incentive bonus eligibility set at 20%.

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.