Zurich NA VP, Middle Markets Underwriting Manager, Midwest Region in Chicago, Illinois

VP, Middle Markets Underwriting Manager, Midwest Region

Description

Zurich North America is currently looking for an experienced VP, Middle Markets Underwriting Manager to lead our Midwest Region team. This position will be based in our Chicago Office. Middle Markets is a key business segment in the US Commercial Insurance organization within Zurich. Our industry focus includes Financial Institutions, Healthcare, Manufacturing, Technology, Real Estate, and General Industries. Zurich Middle Markets offers end to end solutions for our customers inclusive of international programs. The Midwest Middle Markets Underwriting Manager will be responsible for developing and driving the success of our Middle Markets book of business. This is a critical position and we are looking for a leader that will drive and cultivate broker/client relationships while developing and driving the strategy. We are looking for a Leader that will exercise strong technical underwriting knowledge, takes an influential approach to business relationships and develop our underwriting talent.

Responsibilities Include:

  • Establishing key performance targets and financial budgets for underwriting unit in order to optimize business performance in line with set objectives.

  • Developing a team of Underwriting Managers and Underwriters.

  • Developing processes and review policies relevant to underwriting to ensure they are in line with strategic business objectives.

  • Manage relationships with key internal stakeholders in order to identify opportunities for service improvement to ensure commercial viability and customer satisfaction.

  • Participate in leadership team meetings of assigned area to provide specialist guidance and enable the implementation of policies, projects and change initiatives to produce profitable results.

  • Contribute to the business strategy to align underwriting strategy with wider business goals.

  • Participate in the community of global/regional proposition development practitioners in underwriting to share best practice and continue to meet customer´s needs.

  • Oversee development plans for underwriters to ensure the capability exists to drive business results.

  • Underwrite and analyze new and renewal business within delegated authority levels.

  • Recommend and implement action plans after reviewing agency books of business and profit/growth results and trends.

  • Develop and maintain relationships with distributors (agents and brokers) in support of business retention and new business and work with customers and distributors (agents & brokers) to determine their insurance-related needs and provide solutions.

  • Support the organization's sales culture by being a trusted advisor for agents, brokers, and customers.

  • Assure development and implementation of policy, procedures and standards.

Basic Qualifications:

  • Bachelor’s Degree and 9 or more years of experience in the Underwriting or Market Facing areaAND

  • 2 or more years of management or leadership experience

  • Middle Markets Underwriting experience

Preferred Qualifications:

  • Advanced knowledge and practice of Middle Markets lines of business

  • P&L and Strategic planning experience

  • Strong managerial, team building, and organizational skills

  • Established Broker relationships in the region

  • Strong relationship, presentation skills, negotiation and leadership skills

  • Ability to interact with the C-Suite

  • Knowledge in risk selection and assessment

  • Ability to manage complex portfolios

  • Technical knowledge of insurance industry operations and processes

  • Knowledge of loss trends, triangles and ratemaking

  • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guideline

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.

Primary Location: United States-Illinois-Chicago

Schedule Full-time

Travel Yes, 25 % of the Time

Relocation Available No

Job Posting 03/11/19

Unposting Date Ongoing

Req ID: 190001XE

It is the Policy of Zurich in North America, as an equal opportunity employer, to attract and retain the best-qualified individuals available, without regard to race/ethnicity, color, religion, gender expression, genetic information, national origin, sex, gender identity, sexual orientation, marital status, age, disability or protected veteran status.