Zurich NA Contract Surety Market Facing Underwriter in Schaumburg, Illinois
Contract Surety Market Facing Underwriter
Zurich Insurance is currently looking for a Market Facing Underwriter for our Contract Surety Division. This is a highly technical and market facing position and requires experience with Contract Surety lines of business.
As a member of Zurich's Surety 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 Surety 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.Our Underwriters are Client Externally Focused and the job’s core deliverables rely on delivering service to external clients and/or customers. Typically involves building relationships and promoting the company.
The territory for this position is the Midwest and ideally sitting in Illinois, Michigan or Wisconsin. This position can sit in one of those offices or virtually from home.
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.
Our Market Facing Underwriter is responsible for:
Production and underwriting of new and renewal Contract Surety business
Internal marketing and production within Zurich North America in support of our cross sell efforts
Execution of the Specialties external marketing strategy
Adherence to underwriting rules and guidelines, insurance laws, regulations and the Zurich Way of underwriting
Establish new as well as develop existing agency and broker relationships
Working within limits and authorities on assignments of varying degrees of complexity
High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing areaOR
High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support areaOR
Zurich approved Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing areaOR
Zurich approved Apprenticeship program including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaAND
Knowledge of Microsoft Office
Experience working on time restraints for quotes on new and renewal business
Experience working in a team environment
Knowledge of Contract Surety line/s of business and the legal and regulatory guidelines
In-depth knowledge of ContractSuretylines of business
Ability to effectively assess risk
Strong negotiation skills
Strong broker relationships
Superior skills in relationship building, active listening, needs analysis, and win-win negotiation
Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
Excellent oral and written communication skills
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
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.
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
Other Locations: United States-Wisconsin, United States-Michigan, United States-Illinois-Schaumburg, United States-Illinois
Travel Yes, 15 % of the Time
Relocation Available Yes
Job Posting 04/13/18
Unposting Date Ongoing
Req ID: 1800035T