Zurich Insurance - New York, NY

posted 5 months ago

Full-time - Mid Level
Remote - New York, NY
Insurance Carriers and Related Activities

About the position

Zurich E&S is currently seeking an experienced Senior Financial Institutions Underwriter to join our team in either Chicago or New York City. This role is pivotal in underwriting management and professional liability accounts specifically tailored to the financial service and financial institution industry segments. The successful candidate will engage in a variety of responsibilities that encompass technical, transactional, and market-facing duties. Additionally, the position will contribute to product and proposition development, marketing strategies, fulfillment processes, and overall portfolio management. As a Senior Financial Institutions Underwriter, you will be responsible for administering and monitoring underwriting rules and guidelines, ensuring compliance with insurance laws and regulations, and adhering to rating manual rules. Building and maintaining strong relationships with external brokers, agency communities, and other internal Zurich business units will be essential to meet production growth goals. You will provide superior service to our broker partners and customers, identifying and calculating potential risks of loss from policyholders while establishing appropriate premium rates in accordance with Zurich guidelines. Furthermore, you will manage a portfolio of accounts and develop a robust pipeline of business, collaborating and cross-selling with other stakeholders and lines of business within Zurich. This position can be filled at either the Senior level III or AVP, level IV, depending on the selected applicant's experience and skillset relative to the qualifications listed for this position. The hiring manager will determine the appropriate level based on the candidate's qualifications and experience.

Responsibilities

  • Administer and monitor underwriting rules and guidelines, insurance laws and regulations, and rating manual rules.
  • Develop and maintain relationships with external brokers and agency communities, as well as other internal Zurich business units to meet production growth goals.
  • Provide superior service to broker partners and customers.
  • Identify and calculate the potential risk of loss from policyholders while establishing appropriate premium rates following Zurich guidelines.
  • Manage a portfolio of accounts and develop a pipeline of business.
  • Collaborate and cross-sell with other stakeholders and lines of business within Zurich.

Requirements

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area.
  • OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area.
  • OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area.
  • OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area.
  • Knowledge of line/s of business and the legal and regulatory guidelines.
  • Knowledge of time restraints for quotes on new and renewal business.
  • Experience with Microsoft Office.
  • For AVP level: High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
  • OR High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area.

Nice-to-haves

  • Bachelor's degree
  • Financial Lines underwriting experience directly with Financial Institutions
  • Service oriented and responsive
  • Strong negotiation and communication skills
  • Microsoft Office skills
  • Ability to effectively assess risk.

Benefits

  • Comprehensive employee benefits package for employees and eligible dependents
  • Competitive compensation
  • Short term incentive bonuses and merit increases
  • Ongoing career development opportunities
  • Diversity and inclusion initiatives
  • Flexible working arrangements (Hybrid)
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service