Zurich NA Senior Underwriter/Trade Credit Risk, Washington, DC in Washington, District Of Columbia

Zurich Creditand Political Risk (ZCPR) seeks an experienced Senior Underwriter/Trade Credit Risk to join out headquarters inWashington, DC. The position will reportto the Managing Director of ZCPR. Idealcandidates are highly organized, motivated, and able to work independently tomeet deadlines in a fast-paced, customer-oriented environment. Financial statement analysis skills arerequired. The ability to read Spanishand/or Portuguese financial statements is a plus.

High Level Influencer Externally Focused - The job’s core deliverables rely on influencing or negotiating with external contacts on strategic impact matters. Relationships typically involve persuading or countering opposition, often with vendor representatives or senior management level customers.

Zurich is a market leader providing political risk and trade credit insurance on a global basis. More than 300 of the world’s leading companies – including financial institutions, multinational corporations, investors, exporters and infrastructure developers – are supported from Zurich offices in Washington D.C., Barcelona, Beijing, Frankfurt, Hong Kong, London, Miami, New York, Paris, Singapore, Sydney, Tokyo, and Zurich. Customers and partners have named Zurich as Trade Finance Magazine's "Best Private Insurer" for an unprecedented seventh year in a row. All policies are backed by the financial strength of Zurich Financial Services Group with ratings of AA- from Standard & Poor’s.

Zurich is a member of the Berne Union – an international union of credit and investment insurers – and often co-insures and re-insures with fellow Berne Union members that are export credit agencies and multilateral institutions.

Responsibilities include:

  • Using proprietary rating models and conducting the financial analysis for the underwriting of trade credit risks, and provides qualitative analysis of obligors and their financial conditions
  • Ensuring delivery of high-quality credit data and research to global underwriting team
  • Performing due diligence on emerging market corporations and state-owned enterprises and countries
  • Monitoring top-exposure countries, sectors and companies for emerging issues and contributing to the development of guidance for underwriters
  • Conducting country research and analysis and making recommendations on proprietary country ratings as needed
  • Running intern program and supervising interns and their assignments
  • Updating and validation of the ZCPR credit model
  • Management of information services budgets
  • Organize in-house training/presentations for staff on key underwriting issues
  • Contributing to credit product development
  • Assisting with technical underwriting reviews
  • Interface with senior Zurich risk management
  • Participating in other projects as needed

Basic Qualifications:

  • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing areaOR
  • High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support areaOR
  • Zurich approved Apprenticeship program including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing areaOR
  • Zurich approved Apprenticeship program including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support areaAND
  • Experience with Microsoft Office
  • Experience with Credit Insurance
  • Experience with Financial statement analysis

Preferred Qualifications:

  • Bachelor’s Degree
  • Knowledge and practice of political risk and trade credit lines of business
  • Ability to effectively assess risk
  • Experience negotiating account terms and conditions
  • Possess knowledge of time restraints for quotes on new and renewal business
  • PC and related software skills
  • Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
  • Demonstrates strong presentation skills and a solutions and service orientation
  • Established relationships and networks with specialty trade credit brokers

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve.

Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world.

Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE disability/vets

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.


Title: Senior Underwriter/Trade Credit Risk, Washington, DC

Location: District of Columbia-Washington

Requisition ID: 170005AO