Underwriting Analyst - Group Accident

Zurich Insurance is currently looking for a Market Facing Underwriter Analyst to join the Group Accident team within our Life, Accident & Health business unit. This position will be located in Chicago or Schaumburg, IL. This is a ground level position that will support Zurich Life, Accident & Health’s growth initiatives in the Group Accident space.

Group Accident offers a portfolio of products designed to help protect organizations and individuals against financial hardship resulting from accidental death, accidental injury, unexpected or critical illness, hospitalization and trip cancellation/travel inconvenience, including Business Travel Accident, Basic AD&D, Voluntary AD&D, Participant Accident, Student Accident, Student Travel, Tuition Reimbursement and Leisure Travel.

The position will have underwriting, technical and transactional responsibilities, along with some market facing interaction and will support senior level underwriters/regional development managers within Group Accident in building, implementing and fulfilling programs in all areas of the business noted above.

This position will be responsible for:

• Analyze and underwrite new and renewal business, regularly interacting and facing the market, under limited supervision, within delegated authority levels on assignments of moderate technical complexity ensuring a high-level service to customers.
• Complying with underwriting rules and guidelines, pricing/rating rules and guidelines, insurance laws and regulations and internal best practices.
• Creating and/or reviewing rating/pricing documentation, quote/proposal documents, policy/plan documents and marketing materials.
• Performing system entry, driving end-to-end policy/plan processing, and ensuring the completeness of underwriting/program files.
• Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and work with customers and distributors to determine their insurance related needs and provide solutions.
• Providing superior service to our distribution partners, third party administrators and customers.
• Participate in broker and customer on-sight calls with regional development manager or senior level underwriters.
• Proactively seek renewal and new account opportunities through cross sell and upsell.
• Collaborating with senior level underwriters/business leads and various other internal stakeholders.
• Ability to analyze risks, measure exposures and calculate target rate.
• Collect information from established sources and deliver accurate decisions to brokers and customers.
• Under the tutelage of senior level underwriters/business leads and various other internal stakeholders, learning the suite of products noted above

Basic Qualifications: 

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

Preferred Qualifications:

• Bachelors’ Degree with 1 or more years of experience in an Underwriting or Market Facing area; or Bachelor’s Degree with 2 or more years of experience in a Claims or Underwriting support area
• General knowledge of the insurance industry
• General knowledge of underwriting philosophy and techniques, the legal and regulatory environment of insurance and implementing insurance policies/programs
• Ability to work in a team-based environment
• Ability to work within a guiding set of rules/principles and solve for the ambiguous where/as necessary
• Strong verbal and written communication skills
• Attentive to detail and accuracy
• Microsoft Office skills

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. Additional rewards may encompass short-term incentive bonuses and merit increases. We encourage candidates with salary expectations beyond the provided range to apply as they will be considered based on their experience, skills, and education. 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 proposed salary range for this position is $78,000.00 - $108,000.00, with short-term incentive bonus eligibility set at 10%

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

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.

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. 

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 - Chicago, AM - Schaumburg
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No  
 
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