Property Underwriter

Zurich Insurance Company; Houston (TX); Hybrid; USD 60,000 - 80,000; Full time

Job summary

Zurich Insurance is seeking a Property Underwriter (Level I or II) for its Houston office with a hybrid work schedule. This role involves analyzing and underwriting property business, developing relationships with brokers, and requires strong analytical and sales skills. Candidates should possess relevant experience in the insurance sector, with a commitment to customer engagement. An opportunity to grow in a dynamic environment awaits.

Qualifications

• 1-2 years of experience in Insurance, Banking, or Market Facing areas for Level I.
• 3-6 years of experience in Underwriting or Market Facing areas for Level II.
• Zurich Certified Insurance Apprentice is preferred for Level II.

Responsibilities

• Administer underwriting rules and monitor guidelines.
• Develop relationships with agents and brokers for business retention.
• Conduct market calls and seek renewal opportunities.

Skills

Analytical skills

Sales execution mindset

Relationship building

Communication skills

Education

High School Diploma or Equivalent

Bachelor’s Degree

Tools

Microsoft Office

Job description

Zurich gives you the tools and support to construct a rewarding career in the Insurance industry. We are looking for a Property Underwriter (Level I or Level II) to work out of our Dallas or Houston office. While this position will be based out of our Dallas or Houston office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office / market three days per week.

As Property Underwriter (Level I or Level II) you will have a chance to use your marketing and analytical skills along with your knowledge of buildings to analyze and underwrite new and renewal Property business both in the US and internationally. This is a market facing position and we are seeking someone with a strong sales execution mindset and knowledge of commercial Property policies.There will be 15%-20% travel for this position.

This role will be filled at either the Property Underwriter (Level I) or Property Underwriter (Level II).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.

Key Accountabilities of this role :

• Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
• Develop, maintain & collaborate with Line of Business representatives and other business-related needs, as appropriate.
• Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
• Support the organization's sales culture by being a Help Point for agents, brokers and customers.
• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make broker / customer and on-sight calls with a planned and well-prepared purpose.

Basic Qualifications Property Underwriter I :

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

Basic Qualifications 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
• 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 :

• Bachelor’s Degree
• Commercial Property underwriting experience and broker relationships in the South region
• Ability to effectively assess risk
• 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
• PC and related software skills
• CPCU and ARM a plus

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

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 - Addison, AM - Houston

Remote Working : Hybrid

Schedule : Full Time

Employment Sponsorship Offered : No