Market Facing Life Sciences Risk Specialist, Middle Markets

Job Summary

Zurich Insurance Company Ltd. is currently seeking an experienced Life Sciences Underwriter to join the Middle Market team in San Francisco. This role will be based out of our San Francisco office and offers a hybrid work schedule. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents.

This position requires you to be visible in the marketplace to meet with our agents and brokers and be in the office on a regular schedule. Middle Markets is a key business segment within Zurich North America, and we are focused on attracting top customer advocates who possess a sales mindset, strong technical underwriting skills, and solution-focused problem-solving abilities.

As a member of Zurich's Life Sciences 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 region and grow your long-term career.

Responsibilities:

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• Serving as a Life Science industry practice 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.
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• Using a disciplined approach to exposure evaluation, risk assessment, and pricing.
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• Assisting in the refinement of underwriting guidelines for life science exposures.
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• Identifying gaps in customers' programs and aligning Zurich's products and value proposition to offer a solution that provides the contract certainty the customer needs.
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• Demonstrating strong analytical skills and executing as an innovative advisor.
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• Underwriting, analyzing, and generating new and renewal business for Life Science risks.
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• Demonstrating strong coverage analysis skills and understanding and ability to communicate life science defenses and exposure analysis for product liability.
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• Market facing and production within the growing Middle Markets division.
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• Collaborating with multiple groups within Zurich to build knowledge and understanding of life science exposures, controls, market requirements, and opportunities.
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• Administering and monitoring underwriting rules and guidelines, insurance laws and regulations, and rating manual rules.
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• Developing and maintaining agency and broker relationships.
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• Working within broad limits and authorities on highly complex assignments.
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• Senior Life Sciences Underwriter Qualifications:
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• High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area OR High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support area OR Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area OR Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support area AND Knowledge of Microsoft Office.
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• Experience working on time restraints for quotes on new and renewal business.
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• Experience working in a team environment.
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• AVP, Life Sciences Underwriter Qualifications:
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• 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.
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• Experience with Microsoft Office.
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• Preferred Qualifications:
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• In-depth experience underwriting Life Science product liability on a primary and excess basis.
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• In-depth experience underwriting Life Science property.
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• Existing broker relationships in the region.
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• Strong negotiation skills.
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• Strong verbal and written communication skills.
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• Strong relationship building, active listening, needs analysis, and win-win negotiating skills.
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• Demonstrates presentation skills and a solutions and service orientation.
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• Knowledge of underwriting philosophy, techniques, national/local filing regulations, and guidelines.
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• Surplus Lines license for CA would be a plus.
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• Bachelor's Degree.
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• Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience.
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• Short-term incentive bonuses and merit increases may also be included.
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• Candidates with salary expectations outside of the range are encouraged to apply.
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• As required by local law, Zurich provides in good faith a reasonable range of compensation for roles.
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• The combined salary range for this position is $115,000.00 - $205,000.00.
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• The starting salary range for the Senior Life Sciences Underwriter is $115,000.00 - $165,000.00 and for the AVP, Life Sciences Underwriter is $150,000.00 - $205,000.00.
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• As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
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• A condition of employment at Zurich includes adherence to any COVID-related health and safety protocols in place at that time.
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Benefits

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At Zurich, we want you to share your unique perspectives, experiences, and ideas so we can grow and drive sustainable change together.

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As part of a leading global organization, Zurich North America has over 150 years of experience managing risk and supporting resilience.

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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.

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We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500.

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Our growth strategy is not limited to our business.

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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.

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Other Benefits

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Employees and eligible dependents receive comprehensive benefits packages, including competitive compensation.

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Click here to learn more about Total Rewards.

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At Zurich, diversity and inclusion bring us closer to our common goal: exceeding our customers' expectations.

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Equal Employment Opportunity (EEO) disability/vet status, age, race, ethnicity, color, religion, sex, sexual orientation, gender expression, national origin, disability, protected veteran status, or any other legally protected status.

Salary : $115,000 - $205,000