Financial Institutions Underwriter, Wholesale E&S (Mid-Senior or Senior)

Company: Zurich 56 Company Ltd
Location: Chicago
Posted on: April 3, 2025

Job Description:

Financial Institutions Underwriter, Wholesale E&S (Mid-Senior or Senior)Zurich is currently looking to hire an experienced Senior Underwriter to join our Wholesale Financial Institution team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in Chicago! While Chicago is the preferred location, we are also open to candidates in New York City or Atlanta.In this role, you will underwrite and perform financial analysis across financial institution risks. The position will have technical, transactional, and market-facing responsibilities; and it will also make contributions in the areas of product/proposition development, marketing, fulfillment, and portfolio management.Responsibilities include:

• Generating, underwriting, and analyzing financial institution new and renewal policies.
• Market facing and production with wholesale brokers.
• 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.
• Managing a portfolio of accounts and developing a pipeline of business.
• Collaborating and cross-selling with other stakeholders and lines of business within Zurich.Mid-Senior Financial Institution Underwriter 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 new and renewal business.
• Experience with Microsoft Office.Senior Financial Institution Underwriter 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.
  • Knowledge of Microsoft Office.
  • Experience working on time restraints for quotes on new and renewal business.
  • Experience working in a team environment.Preferred Qualifications:
    • Underwriting experience with financial institution products.
    • Established wholesale broker relationships in targeted region.
    • Service oriented and responsive.
    • 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. The combined salary range for this position is $94,000.00 - $170,000.00. The proposed salary range for the Mid-Senior is $94,000.00 - $139,000.00, with short-term incentive bonus eligibility set at 10%. For the Senior is $120,000.00 - $170,000.00, with short-term incentive bonus eligibility set at 15%.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. 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.Location(s): AM - Chicago, AM - Atlanta, AM - New YorkRemote Working: HybridSchedule: Full TimeEmployment Sponsorship Offered: No
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Keywords: Zurich 56 Company Ltd, Chicago , Financial Institutions Underwriter, Wholesale E&S (Mid-Senior or Senior), Accounting, Auditing , Chicago, Illinois