Underwriting Specialist, Property
The Opportunity
Are you looking for a caring, collaborative, values-driven workplace with inspiring teammates and leaders? Do you have the ambition and desire to be the best and thrive at the most impactful global insurance provider in the world? Look no further than Zurich Canada.
If you have experience analyzing and underwriting highly complex new and renewal business, and are looking for a new challenge, we would love to hear from you.
Zurich Canada is currently looking for a Underwriting Specialist, Property Central.
to demonstrate specialized knowledge and expertise in products and industry.
Reporting to Vice President, General Property (Central Region), you will underwrite and analyze new and renewal business, focusing on highly complex assignments. The individual will develop and maintain relationships with distributors (agents & brokers) to support business retention and acquisition, identify growth opportunities, and negotiate terms and conditions. The role also entails providing technical guidance and training to lower-level underwriters, proactively seeking new and renewal account opportunities, and participating in sales team meetings.
This is a unique opportunity to build your knowledge and experience for the future in a supportive environment where your voice matters.
This is a hybrid work opportunity.
What you will do
• Underwrite and analyze new and renewal business within delegated authority levels for highly complex assignments.
• Demonstrate expertise in products and industry.
• Administer and monitor underwriting rules, guidelines, insurance laws, regulations, and rating manuals.
• Work at the highest authority limits on assignments with technical complexity and coordination.
• Develop and maintain relationships with distributors (agents & brokers) to support business retention and acquisition.
• Contribute to proposition development and provide technical guidance, assistance, and training to lower-level underwriters.
• Seek renewal and new account opportunities proactively.
• Qualify accounts to align with the organization's appetite and sound business opportunities.
• Negotiate terms and conditions and close deals.
• Cross-sell other lines of business to increase product density.
• Act as a mentor.
Job Qualifications
What you bring to the table
Required:
• High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
OR
• High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area
OR
• Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area
AND
• Experience with Microsoft Office
Preferred:
• Bachelors Degree
• Advanced knowledge and practice of line(s) of business
• Strong knowledge of underwriting philosophy, techniques, national / local filing regulations and guidelines
• Ability to effectively assess risk
• Ability to work in a team-based environment
• Knowledge of time restraints for quotes on new and renewal business
• Strong presentation skills
Our Culture
• At Zurich, we are proud of our culture. We are passionate about Diversity, Inclusion, Equity and Belonging (DIEB). We want you to bring your whole self to work, and we want our employees to be reflective of the communities in which we live and work. Our DIEB initiatives are creating an environment where everyone feels welcome.
• We have a collaborative culture where diversity of thought is valued. We value your input and strive to give our employees the tools they need to make an impact.
• We care about our employees’ well-being and offer a comprehensive health/benefits plan with varying levels of coverage to suit your specific needs and a competitive total compensation package.
• We understand how important it is to rest, recharge and do the things you love. At Zurich, all employees receive a minimum of four weeks of vacation per year to do just that.
• We also understand that employees require time off for personal reasons. Maybe you have an appointment during a workday, a cultural or religious holiday you would like to observe, or you need time off to focus on your mental health. Zurich employees receive four personal days per year to be used at their discretion.
• We are committed to continuous improvement and offer access to a comprehensive range of training and development opportunities.
• We care about our communities. Our communities are where our customers, people, and shareholders live and work. While we can be proud of the contribution to society Zurich makes through our core business of insurance, we must also give back to our communities through our talent, time and resources.
• We have won numerous awards for our workplace culture. We are proud to be one of Greater Toronto’s Top Employers and to have received Insurance Business Canada’s 5-Star Diversity, Equity and Inclusion Award.
Make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.
About Us
Zurich Canada is part of the Zurich Insurance Group, a multi-line insurer with approximately 55,000 employees worldwide serving customers in global and local markets. Zurich Canada has been a leading insurance provider serving mid-sized and large companies, including multinational corporations, in the Canadian commercial market for 100 years. With over 500 employees in offices across the country, Zurich offers the global strength of a top insurance provider combined with in-depth knowledge of industries and local markets. Zurich Canada aspires to be risk management professionals’ first choice as their premier partner to help meet the risk challenges of today and tomorrow. Read more at www.zurichcanada.com.