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Senior Financial Institutions Underwriter, Wholesale E&S

Zurich Insurance
United Statesfull_timeVerifiedPosted 27 Jan 2025
💰 $161,000/yr($98,300/yr$161,000/yr)

About the role

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.

 

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 salary 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 proposed salary range for this position is $98,300.00 - $ 161,000.00, with short-term incentive bonus eligibility set at 15%.

 

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

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Company

Zurich Insurance

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