International Casualty Underwriter II

Posted on Jun 27 Chicago, IL


Zurich North America



Zurich is currently looking for an International Casualty Underwriter II for our Commercial Insurance Division for the Midwest Region. The position will be based out of our office in Chicago, IL.

As a member of Zurich's International Underwriting Team you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills. Specifically, you will underwrite and analyze new and renewal large international casualty business under general direction, utilizing The Zurich Way of Underwriting Framework within a broad level of authority on assignments of higher technical complexity ensuring a high level of service to customers – this includes loss-sensitive and alternative risk transfer solutions. This is a market facing position and you will work with all classes of business from soft occupancies to industrial/manufacturing risks with a portion of your portfolio dedicated to the Energy sector.

Client Externally Focused - The job's core deliverables rely on delivering service to external clients and/or customers. Typically involves building relationships and promoting the company.

Our International Casualty Underwriter II is responsible for:

  • 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 agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
  • Negotiate Terms & Conditions and close deals.
  • Cross-Sell other lines of business to increase product density with the account.
  • Participate in Sales Team meetings as related to assigned brokers and/or territory.
  • Proactively engage in the target account process, managing a qualified list of opportunities 90 to 120 days prior to effective date.
  • Update required systems with details of broker/client visits and account status within specified time frame.
  • Serve as key contact for assigned target accounts.
  • Develop strong broker and client networks as related to industries underwritten by Business Unit.
  • Calculate Target Price accurately by utilizing underwriting tools appropriately.
  • Measure exposure/analyze risk.
  • Initiate product development ideas.
  • Assist in training and developing staff.
  • Provide expertise on coverage and claims issues while working within our programs and guidelines.
  • Contribute to development of u/w manuals, programs and guidelines.
  • Recommend and place facultative reinsurance.
  • Develop and lead marketing presentations to new and current agents/brokers.
  • Promote the organization's products and services in order to increase penetration within our broker network.
  • Ensure the successful completion of projects by maintaining continuing dialogue with business unit sponsors during implementation of major projects.
    • Diagnose and develop recommendations to solve unique business unit and customer problems.
    • Business Travel, as required.

Basic Qualifications:
  • High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area

OR

  • High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area

OR

  • Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area

OR

  • Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area

AND

  • Knowledge of Casualty 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

Preferred Qualifications:
  • Bachelors Degree
  • Strong verbal and written communication skills

• Experience underwriting large international casualty accounts including energy accounts

• Experience underwriting loss sensitive accounts including large deductible, retro and captive plans

  • Strong broker relationships established in territory

Imagine working for a company that truly cares about their employees, customers, stakeholders, and communities they serve. Imagine working for a values-driven organization that has the ambition and desire to be the best global insurance provider in the world. Zurich is that place where 55,000 employees across approximately 200 countries and territories are all focused on helping people and helping companies protect what is truly most important to them. We are a values-driven organization that takes pride in the work that we do every day and we have the ambition to be the best global insurer in the world.

EOE disability/vets

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.