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Underwriter OR Underwriting Specialist
Career Insights for Insurance Underwriter (General)
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$87,796 / year median in New Jersey
-9% projected decline
Job Description
- E&S Excess Casualty Parsippany, NJ Posted yesterday Apply Now Underwriter OR Underwriting Specialist
- E&S Excess Casualty 135459 Zurich is currently looking to hire an experienced E&S Excess Casualty Underwriter to join our growing E&S Casualty team!
Zurich:
You will develop and maintain relationships with broker partners and customers across all industries in support of business objectives You will leverage your casualty underwriting acumen across risk assessment, exposure evaluation and pricing to generate and maintain a profitable book of new and renewal business You will work collaboratively across business units including but not limited to; claims, finance, risk engineering, actuary, and technical underwriting while gaining extensive knowledge in a growing and innovative industry You will be empowered to use your market facing, negotiation and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory Our E&S Excess Casualty Underwriter is responsible for: Serving as a customer industry advocate with a focus on improving the customer experience by understanding their risk and offering the best end to end solution for their insurance needs Using a disciplined approach to exposure evaluation, risk assessment and pricing Using risk insights, data and models to drive informed decisions at point of sale Market facing and production within the growing Zurich E&S Casualty division 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 Coaching, developing and empowering junior team members. This role will be filled at either an Underwriter OR Underwriting Specialist level. The hiring manager will determine the appropriate level based upon the selected applicant's experience and skillset relative to the qualifications listed for this position.Underwriter Required Qualifications:
High School Diploma or Equivalent and 1 or more years of experience in the Underwriting or Market Facing area.OR High School Diploma or Equivalent and 2 or more years of experience in the Claims or Underwriting Support areaOR Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing areaOR Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaAND 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 OR Underwriting Specialist Required 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 or Underwriting Support areaOR Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing areaOR Zurich Certified Insurance Apprentice including an Associate Degree and 4 or more years of experience in the Claims or Underwriting Support areaAND 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 with 1 or more years' experience in the E&S marketplace Strong negotiation skills Strong verbal and written communication skills Microsoft Office skills 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 $60,000.00- $125,000.00. The proposed salary range for the Underwriter is $60,000.00
- $95,000.00, with short-term incentive bonus eligibility set at 10%. The proposed salary range for the Underwriting Specialist is $75,000.00
- $125,000.
Please note:
Zurich does not accept unsolicited CVs from agencies. Preferred vendors should use our Recruiting Agency Portal. Location(s): AM- Chicago, AM
- Atlanta, AM
- New York, AM
- Parsippany, AM
- Rocky Hill, AM