AVP, Underwriting Director- Core Contract Surety

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AVP, Underwriting Director- Core Contract Surety

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Zurich Insurance is currently looking for an Executive Underwriter OR AVP, Underwriting Director– Core Contract Northeast Region Surety Division. This is a highly technical and market facing position and requires experience with Surety lines of business. This position will be located in Boston Massachusetts, other locations may be considered for the right candidate. This position will require approximately 20% travel.

This role will be filled at either the Executive Underwriter OR AVP, Underwriting Director level. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

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.

Our Executive Underwriter OR AVP, Underwriting Director is responsible for:

Production and underwriting of new and renewal Surety business

Handling of a large book of prominent accounts

Internal marketing and production within Zurich North America in support of our cross-sell efforts

Execution of the 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

Executive Underwriter Qualifications

• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing, Finance, Accounting, or Banking area OR
• High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR
• Zurich Certified Apprentice program including an associate degree and 3 or more years of experience in the Underwriting or Market Facing, Finance, Accounting, or Banking area OR
• Zurich Certified Apprentice program including an associate degree and 8 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
  
  

OR

AVP, Underwriting Director Qualifications

• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing, Finance, Accounting, or Banking area OR
• High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area OR
• Zurich Certified Insurance Apprentice including an associate degree and 5 or more years of experience in the Underwriting or Market Facing, Finance, Accounting, or Banking area OR
• Zurich Certified Insurance Apprentice including an associate degree and 12 or more years of experience in the Claims or Underwriting Support area AND
• Experience with Microsoft Office
  
  

Preferred Qualifications

• Bachelor’s Degree
• In-depth knowledge of Surety line/s of business and the legal and regulatory guidelines
• 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
  
  

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 compensation indicated represents a nationwide market range and has not been adjusted for geographic differentials pertaining to the location where the position may be filled. The combined salary range for this position is $98,500.00- $215,000.00. The proposed salary range for the Executive Underwriter is $98,500.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%. For the AVP, Underwriting Director is $130,000.00- $215,000.00, with short-term incentive bonus eligibility set at 20%.

As an insurance company, Zurich is subject to 18 U.S. Code

• 1033.
  
  

A future with Zurich. What can go right when you apply at Zurich?

Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500®. Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.

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 identity, national origin, disability, or protected veteran status.

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.

Location(s): AM - Boston, AM - Rocky Hill

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

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Nearest Major Market: Boston

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