Underwriter OR Underwriting Specialist - Large Property
Zurich North America is hiring an Underwriter OR Underwriting Specialist – Large Property to join our Large Property team in our New York office! While this role requires you to work out of our New York office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week, with one of those days being Monday.
In this role you will handle new and renewal Property business. As a member of Zurich's Large Property Underwriting Team, you will be responsible for maintaining and growing a book of Domestic and Global Property business. This is an exciting time to join the Large Property Team at Zurich!
This role will require approximately 15% travel nationally.
As a member of Zurich's Underwriting team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will underwrite and analyze new and renewal Large Property business utilizing the Zurich Way of Underwriting Framework within delegated authority levels on assignments of higher technical complexity ensuring a high-level service to customers.
This role will be filled at either an Underwriter or Underwriting Specialist. 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.
In this role you will be 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.
- Underwriting, analyzing and generating new and renewal business
- Market facing and production within the growing Large Property division
- 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
- Demonstrating strong analytical skills and executing as an innovative advisor
- Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
- Developing and maintaining agency and broker relationships
Underwriter – Large Property Basic Qualifications:
- High School Diploma or Equivalent and 1 or more years of experience in the Insurance 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
OR
Underwriting Specialist – Large Property 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 Microsoft Office
- Experience working on time restraints for quotes on new and renewal business
- Experience working in a team environment
Preferred Qualifications:
- Bachelor’s Degree
- Knowledge of Property lines of business and experience working with brokers
- Ability to effectively assess risk
- Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
- 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
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 combined salary range for this position is $73,400.00 - $152.200.00. The proposed salary range for the Underwriter is $73,400.00 - $120,300.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Underwriting Specialist is $92,900.00 - $152.200.00, with short-term incentive bonus eligibility set at 10%.
As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
Talent Referrals
Have you spoken to your network about opportunities at Zurich? Do you know people who have the ideal profile for this exciting role? We really appreciate your efforts to recommend Zurich to your family and friends. This is a sign of trust and of your sincere belief that Zurich is an employer of choice. Zurich North America has two separate and distinct talent referral programs in the US. To be eligible to receive a referral bonus award, and to ensure your referral is considered, it is very important that you submit your referral under the appropriate talent referral program.
Referral of Current Employees Only
If you have a referral that is a current Zurich employee that you believe would be a great fit for this role, please click here to submit your referred colleague's information. Your colleague will receive an invitation to apply for this position and you will receive a confirmation of receipt of your referral within 1-2 business days of the submission.
Referrals of External Talent Only through Refer-a-Friend Program
We value the external networks of our Zurich colleagues and encourage you to share Zurich opportunities with individuals whom you believe have the potential to be a great future Zurich colleague. Please click here to learn more about referring your friends and family to Zurich. If you have a referral that you think would be a great fit for Zurich, click the "Refer Friend to a Job" action on the job posting to submit your referral.
Please visit the HR Portal to review Zurich's US Talent Referral Award policy for more details on these programs.
As you explore internal opportunities, don't forget to review the MakeYourMove@Zurich resource available on Channel Z under the MyGrowth tab.
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 identify, national origin, disability, or protected veteran status.
Location(s): AM - New York
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Hiring Manager Name: Greg Deutsch
Recruiter Name: Jim Rizzo
Job Level: 5T
Division: Large Property
Internal Referral Bonus: $500.00
External Referral Bonus: $5,000.00
Nearest Major Market: Manhattan
Nearest Secondary Market: New York City