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Construction Property Underwriter II

Zurich Insurance Company Ltd
Chicago, IL Full Time
POSTED ON 3/5/2025
AVAILABLE BEFORE 6/4/2025

What can go right when you can grow your career?

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, we have over 150 years of experience, serve more than 25 industries, and insure 90% of the Fortune 500. Zurich strives to provide ongoing career development opportunities so you can reach your full potential and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. With the support of people like you, we are optimistic about leading the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.

Do you know someone who would be a great candidate for this opening? Zurich North America has two separate and distinct talent referral programs in the US. Please scroll to the bottom of this posting to learn more and access the links to submit your talent referral.

Zurich is currently hiring an experienced Construction Property Underwriter to join the Construction team in the (Chicago, IL, Minneapolis, MN or Kansas City, MO) Midwest region.

Zurich is one of the leading insurance providers in the construction industry, our mission is to provide creative solutions for the risks our customers face today and in the future.

As a Construction Property Underwriter, you will handle complex new and renewal accounts across Builders Risk, Contractors Equipment and Fixed Property lines. 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 our Preferred Distribution Partners within the Midwest region. This is an exciting time to join Construction at Zurich!

The hiring manager will determine the appropriate level based upon the selected applicants experience and skillset relative to the qualifications listed for this position.

The Construction Property 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.
  • 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
  • Market facing and production within the growing Construction division
  • Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
  • Working within broad limits and authorities on highly complex assignments

Construction Property UW II Basic Qualifications :

  • High School Diploma or Equivalent and 3 or more years of experience in the Underwriting or Market Facing area.
  • High School Diploma or Equivalent and 6 or more years of experience in the Claims or Underwriting Support area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support area
  • Knowledge of line / s of business and the legal and regulatory guidelines
  • Knowledge of time restraints for quotes on Experience with Microsoft Office
  • Senior Construction Property UW III Basic Qualifications :

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area
  • High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area
  • Preferred Qualifications :

  • Bachelors Degree
  • Established broker relationships
  • Technical knowledge of commercial Property Underwriting
  • Sales execution mindset
  • Creative problem solving skills
  • Strong verbal and written communication skills
  • 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 $94,000.00 - $170,000.00. The proposed salary range for the Construction Property UW II is $94,000.00 - $139,000.00, with short-term incentive bonus eligibility set at 10%. For the Senior Construction Property UW III is $120,000.00 - $170,000.00, with short-term incentive bonus eligibility set at 15%.

    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, AM - Overland Park, AM - Edina

    Remote Working : Hybrid

    Schedule : Full Time

    Employment Sponsorship Offered : No

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

    Salary : $94,000 - $170,000

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