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Executive Underwriter/AVP, Underwriting Director - Financial Institutions

$100k - $215k

Zurich Insurance Company Ltd.

Zurich is currently looking to hire an experienced Underwriter to join our Wholesale Financial Instituion team! This position is dedicated to the wholesale broker channel and presents a great opportunity to join our Financial Institution team in either Chicago or New York City! 

 

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.

 

This role will be filled at either the Executive Underwriter or AVP, Underwriting Director 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.

 

Executive Underwriter:

 

  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area or Accounting, Banking, Risk Management.
    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  Accounting, Banking, Risk Management.
    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

 

OR

 

AVP, Underwriting Director :

 

  • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area, Finance, Accounting, Banking.
    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, Accounting, Banking, Risk Management. 
    OR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support area
    AND
  • Experience with Microsoft Office


Preferred Qualifications:

 

  • Bachelors Degree
  • Strong verbal and written communication skills
  • Microsoft Office experience

 

 

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 pay range shown is a national average and may vary by location. 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 Global Specialty Incentive Plan bonus eligibility set at 30%. The proposed salary range for the AVP, Underwriting Director is $130,000.00 - $215,000.00, with Global Specialty Incentive Plan bonus eligibility set at 40%.

 

We offer competitive pay and comprehensive benefits for employees and their families. [Learn more about Total Rewards here .]

 

Why Zurich?

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 - New York, AM - Chicago
Remote Working: Hybrid
Schedule: Full Time
Employment Sponsorship Offered: No

 
Linkedin Recruiter Tag: #LI-JR1 #LI-ASSOCIATE #LI-HYBRID 

 

 

Vacancy posted 19 hours ago
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