(Senior or Mid Senior) Market Facing Underwriter, Middle Market

Zurich 56 Company Ltd; Oregon (IL); Hybrid; USD 80,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Market Facing Underwriter in the Middle Market segment, where you will leverage your underwriting expertise to assess complex risks and provide tailored insurance solutions. In this dynamic role, you will collaborate with Select Brokers, enhance customer experiences, and utilize your analytical skills to drive informed decisions. This innovative firm values strong relationships and offers a hybrid working environment, making it an ideal place for professionals looking to make a significant impact in the insurance industry. If you are passionate about underwriting and customer advocacy, this opportunity is perfect for you.

Qualifications

• 3+ years of Underwriting experience or equivalent in Claims support.
• Knowledge of regulatory guidelines and risk assessment techniques.

Responsibilities

• Evaluate risks and provide tailored insurance solutions for clients.
• Develop and maintain relationships with brokers and clients.

Skills

Underwriting

Risk Assessment

Analytical Skills

Relationship Building

Microsoft Office

Problem Solving

Communication Skills

Education

High School Diploma

Associate Degree

Bachelor’s Degree

Tools

Microsoft Office

Job description

Market Facing Underwriter, Middle Market

Zurich is seeking a Market Facing Underwriter, Middle Market (Mid-Senior - Senior) in Chicago, Illinois.

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) General Industries, Manufacturing, and Real Estate. Zurich Middle Markets offers end-to-end solutions for our customers inclusive of international programs.

This role will be filled at either the Middle Markets Underwriter Level II or Level III. 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.

As a Middle Markets Underwriter (Level II or Level III) 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 with Select Brokers in the Midwestern Region.

The Middle Markets Underwriter is responsible for:

• Serving as a customer industry 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.
• Identifying gaps 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.
• 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.

Basic Qualifications Level II:

• 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.

Basic Qualifications Level III:

• 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 Level II & Level III:

• 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.

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