AVP or VP Underwriting Manager - Group Captives

Zurich Insurance is currently to hire an experienced AVP or VP Underwriting Manager 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:

• Manage market facing underwriters who proactively seek renewal and new account opportunities.
• Identifies new growth opportunities with key distributors for areas of responsibility.
• Oversee negotiations of Terms & Conditions and closes deals.
• Ensure cross-sell within areas of responsibility to increase product density with the account.
• Provide continuous coaching on sales best practices.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Identify market trends and coverage's exposures that may impact business results. Work with actuarial to insure a proper rate / price structure.
• Manage relationships with producers by conducting line of business, book of business, class and segment analysis to ensure profitability and growth.
• Market company products and services through agency plant and brokerage community.
• Support development and maintenance of agent/broker relationships to achieve profitable growth, market share, product mix, new business and account retention.
• Review agency books of business as well as profit/growth results and trends to recommend and implement action plans.
• Travel at least 50% Internationally

This role will be filled at either the AVP or VP 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.

Basic Qualifications:

AVP Underwriting Manager:

• 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
  AND
• 2 or more years of management experience

OR

VP Underwriting Manager:

• Bachelors Degree and 10 or more years of experience in the Underwriting, Market Facing, Broker, Carrier or Risk Management area within the Commercial Insurance industry
  OR
• Bachelors Degree with 20 or more years of experience in Claims or Underwriting Support area within the Commercial Insurance industry
  AND
• Experience in Experience in a specialized line of business or segment
• 2 or more years of people management experience

Preferred Qualifications:

• Bachelors Degree
• CPCU
• Advanced knowledge of product lines and insurance industry
• Excellent communication skills
• Excellent skills in relationship building
• Strong presentation skills
• Results oriented Established Underwriting/Insurance exposure

• Evidence of effective negotiation skills
• Portfolio Management

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 combined salary range for this position is $172,000.00 - $269,000.00. The proposed salary range for the AVP is $172,000.00- $222,000.00, with short-term incentive bonus eligibility set at 20%. For the VP is $209,000.00- $269,000.00, with short-term incentive bonus eligibility set at 25%.

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 - Schaumburg, AM - Remote Work (US)
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

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