Underwriting Specialist/ Executive Underwriter - Zurich E&S

Zurich Insurance; New York (NY); On-site; USD 75,000 - 165,000; Full time

Benefits offered by this job

Short-term incentive bonus

Global Specialty Incentive Plan

Job summary

Zurich North America in the United States seeks an experienced Underwriter for our Wholesale Financial Lines team, with openings in New York or Chicago. You will underwrite and analyze financial institution risks, handle technical and market-facing duties, and contribute to product development and portfolio management.

The role emphasizes working with wholesale brokers, maintaining underwriting rules, and collaborating across Zurich, with compensation aligned to role and location.

Qualifications

• Underwriting experience with financial institution risks desired.
• Proven ability to underwrite and analyze financial institution risks.
• Knowledge of underwriting rules and insurance regulations and rating manual rules.
• Experience with Microsoft Office.

Responsibilities

• Generate, underwrite, and analyze financial institution policies.
• Market facing and production with wholesale brokers.
• Administer underwriting rules and rating manual guidelines.
• Manage a portfolio and develop a pipeline of business.
• Collaborate with stakeholders across Zurich.

Skills

Underwriting

Financial analysis

Market facing

Wholesale brokers

Education

High School Diploma or Equivalent

Associate Degree

Zurich Certified Insurance Apprentice

Tools

Microsoft Office

Job description

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137506

Zurich is currently looking to hire an experienced Underwriter to join our Wholesale Financial Lines team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in one of the following office locations: New York, or Chicago!
In this role, you will underwrite and perform financial analysis across financial institution risks. The position will have technical, transactional and market facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.

Responsibilities include:

• Generating, underwriting, and analyzing financial institution new and renewal policies.
• Market facing and production with wholesale brokers.
• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
• Working within broad limits and authorities on highly complex assignments.
• Managing a portfolio of accounts and developing a pipeline of business.
• Collaborating and cross selling with other stakeholders and lines of business within Zurich.

This role will be filled at either an Underwriting Specialist OR Executive Underwriter level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skillset relative to the qualifications listed for this position.

Underwriting Specialist Basic Qualifications:

• 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
Executive Underwriter Basic Qualifications:

• 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

Preferred Qualifications:

• Underwriting experience with E&O and Cyber products
• Established wholesale broker relationships in targeted region
• Service oriented and responsive
• Strong verbal and written communication skills

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 pay range shown is a national average and may vary by location. The combined salary range for this position is $75,000.00 - $165,000.00. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $100,000.00 - $165,000.00, with Global Specialty Incentive Plan bonus eligibility set at 30%.

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here .]

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. 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®.

Join us for a brighter future—for yourself and our customers.

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.

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