Market Facing Underwriting Trainee - Schaumburg - Summer 2027

Zurich North America; Schaumburg (IL); Hybrid; USD 70,000 - 90,000; Full time

Benefits offered by this job

401(k) plan

Paid time off

Summer hours

Parental leave

Health benefits

Work-life programs

Job summary

Zurich North America is offering a Market Facing Underwriting Trainee program designed to develop expertise in assessing risk for large, multinational clients. The role blends relationship-building with an analytical mindset and hands-on training in coverage negotiation, exposure evaluation, pricing, and terms.

As a trainee, you will gain month-to-month exposure to underwriting practices during a structured program.

Qualifications

• Pursuing a business-related bachelor's degree, graduating by Spring/Summer 2027.
• Strong analytical and intercommunication skills.
• Ability to multi-task under tight deadlines.

Skills

Analytical skills

Intercommunication skills

Multi-tasking

Education

Business-related bachelor's degree in progress

Tools

Microsoft Office

Job description

About The Role

If you thrive on building relationships and bring an analytical mindset, Zurich’s Underwriting Training Program offers a unique opportunity to combine both strengths in one of insurance’s most critical roles. Through hands-on training and expert guidance, you’ll develop the skills to assess complex risks for large and multinational organizations. You’ll learn how to negotiate coverage, evaluate exposures, and determine pricing and terms - while building expertise, confidence, and long-term value as an underwriter.

Market Facing Underwriting Trainee

About The Role

If you thrive on building relationships and bring an analytical mindset, Zurich’s Underwriting Training Program offers a unique opportunity to combine both strengths in one of insurance’s most critical roles. Through hands-on training and expert guidance, you’ll develop the skills to assess complex risks for large and multinational organizations. You’ll learn how to negotiate coverage, evaluate exposures, and determine pricing and terms - while building expertise, confidence, and long-term value as an underwriter.

About Us

Zurich US has over 150 years of experience managing risk and supporting resilience. Today, Zurich US 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®.

Basic Qualifications

• Pursuing a business-related bachelor's degree and on track to graduate by Spring/Summer 2027
• Strong analytical and intercommunication skills
• Ability to multi-task and handle multiple priorities often under tight deadlines

Preferred Qualifications

• Previous corporate internship experience, underwriting experience is a plus!
• Aptitude for automation and process improvement
• Strong organizational and negotiation skills
• Intermediate Microsoft Office experience

What’s in it for you?

We offer competitive pay and comprehensive benefits for employees and their families. Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.

The salary for this position is $80,300.00, with short-term incentive bonus eligibility set at 5%.

In addition to your pay, we also offer a competitive benefits package that includes the following:

• 401(K) plan with generous company contributions starting your first day
• Generous Paid Time off
• Summer hours allowing you to leave early on Fridays
• Paid parental and caregiver leave
• Health and wellbeing benefits include medical, dental, vision, Health Savings Accounts (HAS’s), Flexible Spending Accounts (FSA’s)
• Work/life benefit programs

[Learn more about Total Rewards here.]

Why Zurich?

Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®. As a leading global insurer, we’re committed to driving innovation, supporting sustainability, and empowering our employees to shape the future of the industry. Our inclusive culture, strong leadership, and focus on development create an environment where you can build a meaningful and lasting career.

Our Employment Practice

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

Zurich complies with 18 U.S. Code

• 1033.

We do not accept unsolicited CVs from agencies; please use our Recruiting Agency Portal.

Location(s)

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No