Middle Market Underwriter (Mid-Senior or Senior)

Zurich 56 Company Ltd; Oregon (IL); Hybrid; USD 94,000 - 170,000; Full time

Job summary

An established industry player is seeking a Middle Markets Underwriter to join their dynamic team. This role offers the chance to engage with diverse clients across various sectors, including Real Estate and Manufacturing. You will leverage your underwriting expertise to evaluate risks and deliver tailored insurance solutions, all while fostering strong relationships with brokers and clients. The position allows for professional growth and the opportunity to make a significant impact within the Middle Markets division. If you are passionate about underwriting and enjoy a collaborative environment, this is the perfect opportunity for you.

Qualifications

• 3+ years of experience in Underwriting or Market Facing areas.
• Knowledge of legal and regulatory guidelines in underwriting.

Responsibilities

• Serve as a customer advocate to improve customer experience.
• Underwrite, analyze, and generate new and renewal business.

Skills

Underwriting

Risk Assessment

Analytical Skills

Customer Advocacy

Relationship Building

Communication Skills

Education

High School Diploma or Equivalent

Associate Degree

Bachelor’s Degree

Tools

Microsoft Office

Job description

Middle Market Underwriter (Mid-Senior or Senior)

Zurich is seeking a Middle Markets Underwriter in our Boston office. Middle Markets is a key business segment within Zurich and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills and solution focused problem solving abilities. Our industry focus includes (not limited to) Real Estate, Manufacturing, Wholesale, Retail, Professional Services, Financial Institutions, General Industries, and more. Zurich Middle Markets offers end to end solutions for our customers inclusive of international programs.

As a Middle Markets Underwriter you will handle complex new and renewal Middle Markets business. 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 in the marketplace. This is an exciting time to join Middle Markets at Zurich!

The Middle Markets Underwriter is responsible for:

• Serving as a customer 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
• Demonstrating strong analytical skills and executing as an innovative advisor
• Underwriting, analyzing, and generating new and renewal business
• Market facing presence and production within the growing Middle Markets division
• 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

This role will be filled at either the Mid-Senior or Senior 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.

Basic Qualifications:

Mid-Senior Level:

• 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

OR

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.
  OR
• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
• OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
  OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  AND
• Knowledge of Microsoft Office
• Experience working on time restraints for quotes on new and renewal business
• Experience working in a team environment

Preferred Qualifications:

• Bachelor’s Degree
• Market facing, Property & Casualty underwriting experience
• 3 or more years of Underwriting experience in Middle Market or larger
• Ability to effectively assess risk
• Strong retail broker relationships
• Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
• Possess knowledge of time restraints for quotes on new and renewal business
• Excellent oral and written communication skills
• Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
• Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
• CPCU and ARM a plus

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. 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 $94,000.00 - $170,000.00. The proposed salary range for the Mid-Senior is $94,000.00 - $139,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Senior is $120,000.00 - $170,000.00, with short-term incentive bonus eligibility set at 15%.

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 - Boston
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No