Zurich 56 Company Ltd
Underwriting Specialist OR Executive Underwriter - Complex Casualty
Zurich 56 Company Ltd, Chicago, Illinois, United States, 60290
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 Underwriting Specialist or Executive Underwriter 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.
Underwriting Specialist Required 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
Executive Underwriter Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Brokerage 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:
Bachelor’s Degree
Knowledge of Domestic Complex Casualty/Loss Sensitive Products
Ability to effectively assess risk
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 $75,000.00 - $165,000.00. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $98,500.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%.
We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
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
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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 Underwriting Specialist or Executive Underwriter 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.
Underwriting Specialist Required 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
Executive Underwriter Qualifications:
High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Brokerage 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:
Bachelor’s Degree
Knowledge of Domestic Complex Casualty/Loss Sensitive Products
Ability to effectively assess risk
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 $75,000.00 - $165,000.00. The proposed salary range for the Underwriting Specialist is $75,000.00 - $125,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Executive Underwriter is $98,500.00 - $165,000.00, with short-term incentive bonus eligibility set at 15%.
We offer competitive pay and comprehensive benefits for employees and their families. Learn more about Total Rewards here.
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
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