AVP, Underwriting Director - Group Captives

Zurich is currently hiring an Executive Underwriter or AVP, Underwriting Director – Group Captives for our Schaumburg HQ. While it is preferred that this position works a hybrid schedule of three days per week at our Schaumburg, IL office, we are open to remote candidates within the U.S. You will partner with your manager to set a flexible work schedule that supports you, our customers, and our brokers and agents.

We work with the largest captives consultants in the U.S. to deliver a wide range of services to member-owned, agency and other captives.

Core Responsibilities

Proactively seek renewal and new account opportunities for captives

Complete detailed opportunity assessment with key distributors to identify growth opportunities

Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity

Help with the daily administrative requests that come in on policy maintenance

Manage broker and captive consultant interactions

Serve as a technical resource to less tenured team members

Negotiate Terms & Conditions and close deals

Participate in Sales Team meetings related to assigned brokers and/or territory

Measure exposure/analyze risk and pricing on new business

Willingness to travel 20%, including international travel roughly twice a year

Executive Underwriter – Group Captives Basic Qualifications

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

Experience working on time restraints for quotes on new and renewal business

Experience working in a team environment

AVP, Underwriting Director – Group Captives Basic Qualifications

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. AND

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

Strong verbal and written communication skills

Established Underwriting/Insurance exposure

Intermediate insurance level understanding

Evidence of effective negotiation skills

Experience handling difficult conversations

Compensation
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. The combined salary range for this position is $100,000.00 – $215,000.00. The proposed salary range for the Executive Underwriter is $100,000.00 – $165,000.00, with short-term incentive bonus eligibility set at 15%. The proposed salary range for the AVP, Underwriting Director is $130,000.00 – $215,000.00, with short-term incentive bonus eligibility set at 20%.

Benefits
We offer competitive pay and comprehensive benefits for employees and their families.

Location and Work Arrangement
Location(s): Schaumburg, IL (HQ) or Remote Work (US). Remote Working: Hybrid. Schedule: Full Time. Employment Sponsorship Offered: No.

Equal Employment Opportunity
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.

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

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