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Contract Surety Market Facing Underwriter (Junior or Mid Level)

94637

Zurich is currently looking for a Contract Surety Market Facing Underwriter (Junior or Mid-Level) to work out of anywhere in Virginia, preferably Richmond area. 

 

Your bright ideas and determination will help us drive positive impact with our customers, communities, and each other. Our global footprint and 148 years of experience enables you to develop your skills and put your problem-solving expertise to use while having the opportunity to work with a wide range of Fortune 500® companies.


To bring leading talent into the organization and foster a culture of innovation and excellence, we encourage professionals from wide range of backgrounds and industries to apply and:

 

  • Join a global company that gives you empowerment over your own activities and decisions

  • Use your financial/credit/accounting acumen along with your relationship building, analytical skills and customer focus to support our team

  • Have the autonomy and freedom to be successful in your career by owning your own activities, managing your territory and portfolio of complex business

  • Experience a customized training program dedicated to those new joiners outside of the insurance industry

 

As the Surety Underwriter will work to analyze and underwrite a book of new and renewal business. Underwriters will use the Zurich Way of Underwriting Framework within delegated authority levels on highly complex assignments ensuring a high-level service to customers. In this role, you will partner with brokers and will utilize strong sales execution mindset to write profitable business.

 

This role will be filled at either the Contract Surety Market Facing Underwriter Level Junior or Mid Level.  The hiring manager will determine the appropriate level based upon the selected applicant’s experience and skill set relative to the qualifications listed for this position.

 

Additional responsibilities will include:
 

  • 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 meeting 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.

  • Contribute to development of u/w manuals, programs and guidelines.

  • Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or products

  • Investigate, recommend and implement leading edge technical solutions when they meet customer needs

 

Junior Contract Surety Market Facing Underwriter I Qualifications: 
 

  • High School Diploma or Equivalent and 1 or more years of experience in the Insurance or Market Facing area, or Finance, Accounting, Banking experience For Financial Lines Public, Management Liability and FI: Accounting, Banking, Risk Management.
    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

 

Preferred Qualifications:
 

  • Bachelors Degree with 1 or more years experience in the underwriting area

  • Strong verbal and written communication skills

  • Strong negotiation skills

  • Microsoft Office skills

 

OR

 

Mid-Level Contract Surety Market Facing Underwriter II Qualifications: 

 

  • High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area, Finance, Accounting, Banking 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, Finance, Accounting, Banking 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 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


As a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols (https://www.zurichna.com/careers/faq), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or a negative COVID test result when applicable, to a third-party vendor. These protocols are continuously re-evaluated and the requirements may change at any time.
 
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 - Richmond, AM - Virginia Virtual Office
Remote Working: Yes
Schedule: Full Time
 
Linkedin Recruiter Tag: #LI-KJ1 #LI-REMOTE #LI-HYBRID 

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