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Senior Market Facing Underwriter - Group Captives

Zurich Insurance
Schaumburg, United Statesfull_timeVerifiedPosted 10 Feb 2025
💰 $170,000/yr($120,000/yr$170,000/yr)

About the role

Zurich Insurance is currently to hire an experienced Senior Market Facing Underwriter for our Group Captives Team in our Schaumburg office or US Remote locations. As one of the leaders in this space, we work together with the largest captives consultants in the U.S. to deliver a wide range of services to member-owned, agency and other (fronted) captives.

 

In this role, your responsibilities will include but not limited to:

 

  • Proactively seek renewal and new account opportunities for captives
  • 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.
  • Help with the daily administrative requests that come in on policy maintenance
  • Manage broker and captive consultant interactions.
  • Serve as a technical resource to less tenured team members.
  • Negotiate Terms & Conditions and close deals.
  • Participate in Sales Team meeting as related to assigned brokers and / or territory
  • Measure exposure/analyze risk and pricing on new business.
  • Travel at least 50% Internationally
     

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

Preferred Qualifications:

 

  • Bachelors Degree
  • Strong verbal and written communication skills
  • Microsoft Office experience
  • Established Underwriting/Insurance exposure
  • Intermediate insurance level understanding
  • Evidence of effective negotiation skills
  • Experience handling difficult conversations

 

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 $120,000.00 - $170,000.00, wi

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Company

Zurich Insurance

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