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Senior Financial Institutions Underwriter (Levell III or AVP, Level IV)

Zurich Insurance

Zurich Insurance

Marketing & Communications, Accounting & Finance
New York, NY, USA
Posted on Thursday, April 4, 2024

Senior Financial Institutions Underwriter (Levell III or AVP, Level IV)

111864

Zurich E&S is currently looking for an experienced Senior Financial Institutions Underwriter to join our team in Chicago or New York City! In this role, you will underwrite management and professional liability accounts specific to the financial service/financial institution industry segments!

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.

This role will be filled at either the Senior level III or AVP, level IV. The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skillset relative to the qualifications listed for this position.

Our Underwriters are responsible for:

  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
  • Developing and maintain relationships with the external broker and agency communities and other internal Zurich business units to meet production growth goals
  • Providing superior service to our broker partners and customers
  • Identifying and calculating the potential risk of loss from policyholders while establishing appropriate premium rates following Zurich guidelines
  • Managing a portfolio of accounts and developing a pipeline of business
  • Collaborating and cross selling with other stakeholders and lines of business within Zurich

Senior Financial Institutions 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 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

AVP, Senior Financial Institutions Underwriter Basic Qualifications:

  • 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
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing 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
  • 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.

Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, click here. Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The combined salary range for this position is $106,000.00 - $226,800.00. The starting salary range for the Senior Financial Institutions Underwriter is $106,000.00 - $197,200.00 and for the AVP, Senior Financial Institutions Underwriter is $121,800.00 - $226,800.00.


As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (https://www.zurichna.com/careers/faq).

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.

As a global company, Zurich recognizes the diversity of our workforce as an asset. We recruit talented people from a variety of backgrounds with unique perspectives that are truly welcome here. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet

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 - New York, AM - Chicago
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No


Linkedin Recruiter Tag: #LI-KH1 #LI-HYBRID


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City