Financial Institutions Underwriter, Wholesale E&S (Mid Senior - Senior)

Zurich is currently looking to hire an experienced Senior Underwriter to join our Wholesale Financial Institution team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in Chicago! While Chicago is the preferred location, we are also open to candidates in New York City or Atlanta.

In this role, you will underwrite and perform financial analysis across financial institution risks. The position will have technical, transactional and market facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.

Responsibilities include:

• Generating, underwriting and analyzing financial institution new and renewal policies.
• Market facing and production with wholesale brokers.
• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules.
• Working within broad limits and authorities on highly complex assignments.
• Managing a portfolio of accounts and developing a pipeline of business.
• Collaborating and cross selling with other stakeholders and lines of business within Zurich.
  
  

This role will be filled at either the Mid-Senior or Senior 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.

Mid-Senior Financial Institution Underwriter Basic Qualifications:

• High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area. OR
• High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area AND
• 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
  
  

OR

Senior Financial Institution Underwriter Basic Qualifications:

• 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 are AND
• Knowledge of Microsoft Office
• Experience working on time restraints for quotes on new and renewal business
• Experience working in a team environment
  
  

Preferred Qualifications:

• Bachelor’s degree
• Underwriting experience with financial institution products
• Established wholesale broker relationships in targeted region
• Service oriented and responsive
• Strong negotiation skills
• Strong verbal and written communication skills
• Microsoft Office skills
  
  

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 combined salary range for this position is $90,000.00 - $165,000.00. The proposed salary range for the Financial Institutions Underwriter, Wholesale E&S, Mid-Senior is $90,000.00 - $135,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Financial Institutions Underwriter, Wholesale E&S, Senior is $115,000.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%.

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 - Chicago, AM - Atlanta, AM - New York

Remote Working: Hybrid

Schedule: Full Time

Employment Sponsorship Offered: No

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