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Market Facing Underwriter III- Large Contracts/Surety

Zurich Insurance Group

Zurich Insurance Group

Marketing & Communications
New York, NY, USA
Posted on Thursday, March 21, 2024

Market Facing Underwriter III- Large Contracts/Surety


Zurich North America is looking for a Market Facing Underwriter III to join our Surety Large Contract Accounts East team. Ideally this role will be based out of the Philadelphia/New Jersey/New York City region, but may be located elsewhere in the East Region. The position will require approximately 20% travel.

This Market Facing Underwriter III – Large Contract Surety Accounts role is part of the Eastern region of the country. The position is responsible for managing both domestic and international Large Accounts and an assigned portfolio of Large targeted prospects. This is a highly technical and market facing position that requires significant experience with Contract Surety or comparable credit analysis. Building strong relationships with distributors (agents and brokers) and our customers in support of business retention and acquisition of new business is a key responsibility of this role.

The Market Facing Underwriter III responsibilities include:

  • Underwriting and analyzing new and renewal Large Accounts
  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
  • Developing and maintaining national agency and broker relationships
  • Working within broad limits and authorities on highly complex assignments
  • Clear and distinct accountability for business results

Basic Qualifications:

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area, Finance, Accounting or Banking experience
  • High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environment

Preferred Qualifications:

  • Advanced knowledge and practice of Surety Bonds
  • Established Broker relationships
  • Ability to interact with the C-Suite
  • Ability to investigate and analyze complicated credit assessments, trends, business strategies and organizational character among other aspects of our customers
  • Ability to coherently articulate these strategies and financial concepts formulating fact based conclusions and recommendations.
  • Prior experience managing/growing profitable portfolio of customers
  • Negotiation experience with large, international and national organizations
  • Strong team building and organizational skills

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 starting salary range for this position is $115,000.00 - $165,000.00.

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 - Jersey City, AM - Philadelphia
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

Linkedin Recruiter Tag: #LI-JJ1 #LI-ASSOCIATE

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