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Underwriting Careers at Industry Leaders

Discover your next underwriting adventure with friends of Kalepa and leaders in commercial insurance

Construction Property Underwriter

Zurich Insurance

Zurich Insurance

Marketing & Communications
Boston, MA, USA
Posted on Nov 18, 2024

Zurich gives you the tools and support to construct a rewarding career in the Insurance industry. We are looking for a Construction Property Underwriter to work out of our Boston office. While this position will be based out of our Boston office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers and be in the office/market three days per week.

As Construction Property Underwriter you will have a chance to use your marketing and analytical skills along with your knowledge of buildings to analyze and underwrite new and renewal Property business both in the US and internationally. This is a market facing position and we are seeking someone with a strong sales execution mindset and knowledge of commercial construction Property policies. There will be 15%-20% travel for this position.

Key Accountabilities of this role:

  • Administer and monitor underwriting rules and guidelines, rating manual rules, and insurance laws and regulations.
  • Develop, maintain & collaborate with Line of Business representatives and other business-related needs, as appropriate.
  • Develop and maintain relationships with distributors (agents & brokers) in support of business retention and acquisition and works with customers and distributors (agents & brokers) to determine their insurance related needs and provide solutions.
  • Support the organization's sales culture by being a Help Point for agents, brokers and customers.
  • Proactively seek renewal and new account opportunities.
  • Complete detailed opportunity assessment with key distributors to identify growth opportunities.
  • Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
  • Make broker/customer and on-sight calls with a planned and well-prepared purpose.

Basic Qualifications:

  • High School Diploma or Equivalent and 1 or more years of experience in the Insurance, Banking, Mortgage, Finance, Construction or Market Facing area.
    OR
  • High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area
    AND
  • Knowledge of the insurance industry and the legal and regulatory environment
  • Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
    AND
  • Knowledge of the insurance industry and the legal and regulatory environment
  • Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines

Preferred Qualifications:

  • Bachelor’s Degree
  • Commercial Construction Property underwriting experience and broker relationships in the Northeast region
  • Ability to effectively assess risk
  • Strong negotiation skills
  • Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
  • Possess knowledge of time restraints for quotes on new and renewal business
  • Excellent oral and written communication skills
  • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
  • Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility
  • PC and related software skills
  • CPCU and ARM a plus

As an insurance company, Zurich is subject to 18 U.S. Code § 1033.

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 - Boston
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

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