Marine Hull and Liability Underwriter
Zurich is seeking a Hull and Marine Liability Underwriter in the Ocean Marine Department out of our office in New York.
You will have the opportunity to develop and utilize your marketing / analytical skills along with your knowledge of marine operations to analyze and underwrite new and renewal marine hull and liability insurance 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 marine insurance segment.
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. Work closely with marine specialists and global brokers
- Support the organization's sales culture by being a Help Point for agents, brokers and customers.
- Proactively seek renewal and new account opportunities including cross-sell with other departments in the Zurich North America network (including Construction and Energy Casualty).
- 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.
This role offers a dynamic opportunity to contribute to the growth and success of the marine hull and liability insurance business while developing your expertise in underwriting and sales.
Basic Qualifications:
- High School Diploma or Equivalent and 1 or more years of experience in the Insurance, Banking, Mortgage, Finance, Construction or Market Facing area.
OR - High School Diploma or Equivalent and 2 or more years of experience in the 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
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:
- Bachelor’s Degree
- Established broker relationships in the South region
- Ability to effectively assess risk
- Strong negotiation skills
- 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
- PC and related software skills
- CPCU / AMIM / or ARM a plus
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 - New York
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Linkedin Recruiter Tag: #LI-JJ1 #LI-ASSOCIATE #LI-HYBRID
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City