Underwriter OR Underwriting Specialist - MM Complex Casualty Job at Zurich Insurance Company Ltd., Chicago, IL

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  • Zurich Insurance Company Ltd.
  • Chicago, IL

Job Description

Zurich is currently looking for an experienced Loss Sensitive/Complex Casualty Underwriter to join our Complex Casualty Underwriting team in Chicago. This is a technical and market facing role working with our complex/loss sensitive casualty products and is a great opportunity to join an expanding team. 

 

While this position will be based out of our Chicago office, you will have the flexibility to work on a hybrid basis. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents. This role will require you to be visible in the marketplace to meet with our agents and brokers on a regular schedule.

 

Our Underwriters are market-facing with objectives focused on profitable growth and superior service to our broker partners and customers and are responsible for:

 

  • Generating, underwriting and analyzing domestic Complex and Loss Sensitive Casualty business
  • Market facing and production activities
  • Complying with 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 complex assignments

 

This role will be filled at either the Underwriter or Underwriting Specialist 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.

 


Underwriter  Required Qualifications: 

 

  • High School Diploma or Equivalent and 1 or more years of experience in the Insurance or Market Facing area.
    OR 
  • High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support area 
    AND 
  • Knowledge of the insurance industry and the legal and regulatory environment 
  • Knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines 

 

OR

 

Underwriting Specialist Required Qualifications:

 

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

 

 

Preferred Qualifications:

 

  • Bachelor’s Degree 
  • Knowledge of Domestic Complex Casualty/Loss Sensitive Products
  • Ability to effectively assess risk
  • Strong negotiation skills
  • Strong broker relationships within the region
  • Superior skills in relationship building, active listening, needs analysis, and win-win negotiation.
  • Possess a high level of customer service by meeting or exceeding broker and or customer expectations with respect to required deadlines
  • Excellent oral and written communication skills
  • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines

 

 


Your pay at Zurich is based on your role, location, skills, and experience. We follow local laws to ensure fair compensation. You may also be eligible for bonuses and merit increases. If your expectations are above the listed range, we still encourage you to apply—your unique background matters to us.

 

The combined salary range for this position is $60,000.00 - $125,000.00. The proposed salary range for the Underwriter is $60,000.00 - $95,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Underwriting Specialist is $75,000 - $125,000.00, with short-term incentive bonus eligibility set at 10%. 

 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards  here .]

 

Why Zurich?

At Zurich, we value your ideas and experience. We offer growth, inclusion, and a supportive environment—so you can help shape the future of insurance. Zurich North America is a leader in risk management, with over 150 years of expertise and coverage across 25+ industries, including 90% of the Fortune 500®.

 

Join us for a brighter future—for yourself and our customers.

 

Zurich in North America does not discriminate based on race, ethnicity, color, religion, national origin, sex, gender expression, gender identity, genetic information, age, disability, protected veteran status, marital status, sexual orientation, pregnancy or other characteristics protected by applicable law. Equal Opportunity Employer disability/vets.

 

Zurich complies with 18 U.S. Code § 1033.

 

Please note: Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal.

 

Location(s): AM - Chicago
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

 
Linkedin Recruiter Tag: #LI-WL1 #LI-HYBRID #LI-ASSOCIATE 

 

 

Job Tags

Full time, Temporary work, Apprenticeship, Work at office, Local area, Visa sponsorship, Flexible hours,

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