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AVP- Financial Institutions Underwriter

Zurich Insurance Company Ltd
Chicago, IL Full Time
POSTED ON 3/3/2025
AVAILABLE BEFORE 5/28/2025

Zurich North America is hiring an experienced Financial Institutions Underwriter-AVP in Chicago!

As a AVP- Financial Institutions Underwriter, you will handle complex new and renewal domestic Middle Market and National accounts for all Financial Institutions industry verticals and lines of coverage offered. As a member of Zurich's underwriting team, you will enjoy the opportunity to fully apply and hone your underwriting and marketing skills while building relationships with select brokers focused in the region. With more than 125 years of experience, Zurich has a broad and varied appetite for Financial Institutions business; this role is an exciting expansion opportunity allowing for high growth potential and visibility & support.

The AVP-Financial Institutions Underwriter is responsible for :

  • Serving as a customer industry advocate with a focus on improving the customer experience by understanding their risk and offering the best end to end solution for their insurance needs, specifically within Financial Lines for Financial Institutions, including D&O, E&O, EPL, Fiduciary, and Fidelity lines of coverage
  • Using a disciplined approach to exposure evaluation, risk assessment and pricing
  • Using risk insights, data and models to drive informed decisions at point of sale
  • Identifying gaps involves and aligning Zurichs products and value proposition to offer a solution that provides the contract certainty the customer needs
  • Demonstrating strong analytical skills and executing as an innovative advisor
  • Underwriting, analyzing and generating new and renewal business
  • Market facing and production within the growing International division
  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
  • Developing and maintaining agency and broker relationships
  • Working within broad limits and authorities on highly complex assignments

Basic Qualifications- AVP Underwriter :

  • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area.
  • High School Diploma or Equivalent and 14 or more years of experience in the Claims or Underwriting Support area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 5 or more years of experience in the Underwriting or Market Facing area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area
  • Experience with Microsoft Office
  • Preferred Qualifications for both :

  • Bachelors Degree
  • Strong verbal and written communication skills
  • Microsoft Office experience
  • 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 rangefor this position is $150,000.00 - $205,000.00, with short-term incentive bonus eligibility set at 20%.

    As an insurance company, Zurich is subject to 18 U.S. Code 1033.

    As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time (https : / / www.zurichna.com / careers / faq).

    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 - Chicago

    Remote Working : Hybrid

    Schedule : Full Time

    Employment Sponsorship Offered : No

    Linkedin Recruiter Tag : #LI-JJ1 #LI-DIRECTOR

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