Hybrid Underwriting Analyst – E&S Financial Lines

at Zurich Insurance

• Job title: Underwriting Analyst – E&S Financial Lines
• Job type: Full Time
• Experience level: Junior, Mid level
• Salary: $60,000 - $98,200 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Underwriting Analyst responsible for evaluating risk exposures and making underwriting decisions in a hybrid work setup at Zurich North America. Partnering with team members to ensure effective risk management and customer service.

Responsibilities

• Reviews, evaluates and analyzes risk exposures, controls, loss history, financial condition and recommends or executes, underwriting decisions around submission acceptance or declination within established risk appetite.
• Anticipates underwriting exposure information needs, and proactively seeks out alternative, relevant data sources using underwriting tools to improve understanding of risks.
• Analyze and recommends input in areas of policy rating, subjective pricing, policy construction, coverages and exclusions, mandatory forms, etc. that are needed to accurately quote and/or renew policies (bonds).
• Develops and executes account servicing solutions independently and in collaboration with Underwriter, with responsibility for end-to-end servicing processes for new business, renewals, and endorsements for more complex business accounts.
• Drives broker/agent/distributor/customer interactions and on-site calls related to account servicing matters with a planned and well-prepared purpose.
• Builds strong working relationships outside the team and with broker counterparts.
• Develops new team members and provides support and coaching to peers, based on quality results.
• Provides coaching and problem solving for complex transactions/issues while educating peers on the context behind the solution.
• Supports special projects as assigned.

Requirements

• Bachelor’s degree and 2 or more years of experience in the Insurance, Underwriting or Market Facing area OR Zurich Certified Insurance Apprentice, including Associate Degree and 2 or more years of experience in the Insurance, Underwriting or Market Facing area OR High School Diploma or Equivalent and 4 or more years of experience in the Insurance, Underwriting or Market Facing area.
• Knowledge of the insurance industry and the legal and regulatory environment.
• Experience with data collection and analysis
• Experience with processing, rating and policy management systems used in the insurance industry.
• Customer service experience
• Problem solving experience
• Experience servicing product portfolios for multiple lines of business for insurance.
• Microsoft Office experience

Benefits

• Competitive pay
• Comprehensive benefits for employees and their families
• Short-term incentive bonus eligibility set at 10%