Senior Professional Liability and Cyber Underwriter at Zurich Insurance Company Ltd.
Chicago, IL 60290
About the Job
What can go right when you can grow your career?
Now is the time to move forward and make a difference. At Zurich, we want you to share your unique perspectives, experiences and ideas so we can grow and drive sustainable change together. As part of a leading global organization, we have over 150 years of experience, serve more than 25 industries, and insure 90% of the Fortune 500®. Zurich strives to provide ongoing career development opportunities so you can reach your full potential and foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. With the support of people like you, we are optimistic about leading the next evolution of the insurance industry. Join us in building a brighter future for our people, our customers and the communities we serve.
Do you know someone who would be a great candidate for this opening? Zurich North America has two separate and distinct talent referral programs in the US. Please scroll to the bottom of this posting to learn more and access the links to submit your talent referral.
Zurich Insurance is currently looking for an experienced Senior Cyber, E&O Underwriter (Level II or Level III) to join our Professional Liability & Cyber team! This is a market facing position that will support Zurich’s growth initiatives for the professional liability and cyber team. In this role, you will underwrite and perform risk analysis across Miscellaneous Professional Liability, Tech E&O, Employed lawyers and Security and Privacy. 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.
Our Underwriters are responsible for:
- Administering and monitoring underwriting rules and guidelines, insurance laws and regulations and rating manual rules
- Developing and maintain relationships with the external broker and agency communities and other internal Zurich business units to meet production growth goals
- Providing superior service to our broker partners and customers
- Identifying and calculating the potential risk of loss from policyholders while establishing appropriate premium rates following Zurich guidelines
- Managing a portfolio of accounts and developing a pipeline of business
- Collaborating and cross selling with other stakeholders and lines of business within Zurich
Senior Cyber, E&O Underwriter II (Level II) Basic 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, Underwriting Support area
OR - Zurich approved Apprenticeship program including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
OR - Zurich approved Apprenticeship program 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
Senior Cyber, E&O Underwriter III (Level III) Basic Qualifications:
- High School Diploma or Equivalent and 5 or more years of experience in the Underwriting 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 o r Market Facing area (ADD POP addendum)
OR - Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Unde rwriting 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
- Underwriting experience in cyber and professional liability products
- Established broker relationships
- Service oriented and responsive
- Strong negotiation and communication skills
- Microsoft Office skills
- Ability to effectively assess risk
As an insurance company, Zurich is subject to 18 U.S. Code § 1033.
Talent Referrals
Have you spoken to your network about opportunities at Zurich? Do you know people who have the ideal profile for this exciting role? We really appreciate your efforts to recommend Zurich to your family and friends. This is a sign of trust and of your sincere belief that Zurich is an employer of choice. Zurich North America has two separate and distinct talent referral programs in the US. To be eligible to receive a referral bonus award, and to ensure your referral is considered, it is very important that you submit your referral under the appropriate talent referral program.
Referral of Current Employees Only
If you have a referral that is a current Zurich employee that you believe would be a great fit for this role, please click here to submit your referred colleague's information. Your colleague will receive an invitation to apply for this position and you will receive a confirmation of receipt of your referral within 1-2 business days of the submission.
Referrals of External Talent Only through Refer-a-Friend Program
We value the external networks of our Zurich colleagues and encourage you to share Zurich opportunities with individuals whom you believe have the potential to be a great future Zurich colleague. Please click here to learn more about referring your friends and family to Zurich. If you have a referral that you think would be a great fit for Zurich, click the "Refer Friend to a Job" action on the job posting to submit your referral.
Please visit the HR Portal to review Zurich's US Talent Referral Award policy for more details on these programs.
As you explore internal opportunities, don't forget to review the MakeYourMove@Zurich resource available on Channel Z under the MyGrowth tab.
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. Taken together, diversity and inclusion bring us closer to our common goal: exceeding our customers’ expectations. Zurich does not discriminate on the basis of age, race, ethnicity, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
Location(s): AM - Chicago, AM - Minneapolis, AM - Overland Park, AM - St. Louis
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No
Hiring Manager Name: Chris Boylan
Recruiter Name: Nicholas Kallenbach
Job Level: 6T
Division: Financial Lines
Internal Referral Bonus: $500.00
External Referral Bonus: $5.000,00