09/26/2022

Market Facing Umbrella & Excess Underwriter (Mid Level or Senior Level)

  • Zurich Insurance Company Ltd.
  • New York, NY, United States

Job Description

Zurich is seeking a Market Facing Umbrella & Excess Underwriter for our National Accounts team in our New York office. 

 

This role will be filled at either the Underwriter 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.
 
As a Market Facing Umbrella & Excess Underwriter you will have a chance to use your marketing and analytical skills. Specifically, you will analyze and underwrite new and renewal business, under general direction, utilizing The Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high level of service to customers. This is a market facing position thus we are seeking someone with a strong sales execution mindset and advanced knowledge of large umbrella and excess policies. 
 
Some of the key accountabilities of this role include:
 

  • Underwrite and analyze new and renewal business utilizing The Zurich Way of Underwriting framework and within delegated authority levels on assignment of higher technical complexity and coordination. 

  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating annual rules. 

  • Develop, maintain & collaborate with Line of Business representatives on referrals and other business related needs, as appropriate. 

  • May provide guidance to lower level associates. 

  • 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. 

  • Supports the 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 

 

Mid Senior Umbrella & Excess Casualty Underwriter 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 approved Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
    OR
  • Zurich approved Apprenticeship program 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

 

Senior Umbrella & Excess Casualty 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 for both levels:
 

  • Bachelor’s Degree 
  • Technical knowledge of Excess Casualty Underwriting
  • Established broker relationships (retail brokers)
  • Sales execution mindset
  • Creative problem-solving skills
  • Strong verbal and written communication skills 

 

Applicable Only to Jobs to be Performed in New York City Only
 

The salary range for this role at the Market Facing Underwriter II level is $98,800-$123,500.  The salary range for this role at the Market Facing Underwriter III level is $126,100-$157,600. This is the range Zurich NA in good faith believes is the range of possible compensation for this role at the time of the posting.  Zurich NA may ultimately pay more or less than the posted range and this range is only applicable for jobs to be performed in New York City, NY.  This range may be modified in the future.  This job is also bonus eligible. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable.


As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols (https://www.zurichna.com/careers/faq), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or a negative COVID test result when applicable, to a third-party vendor. These protocols are continuously re-evaluated and the requirements may change at any time.
 
A future with Zurich. What can go right when you apply at Zurich?

 

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America 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®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
 
As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet 
 
Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission. 
 
Location(s): AM - New York
Remote Working: Yes
Schedule: Full Time
 
Linkedin Recruiter Tag: #LI-KJ1 #LI-HYBRID 


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