Middle Market Financial Institutions Underwriter (Mid-Senior or Senior)

Company: Zurich Insurance Company Ltd.
Location: New York
Posted on: March 26, 2025

Job Description:

Zurich Middle Markets has delivered double-digit growth over the last four consecutive years, and we strive to exceed that growth in the years ahead! We've been dedicated to assembling a team of dedicated Middle Market leaders and underwriters who understand this space very deeply and who grasp the unique challenges of the various industry segments and the individual customers we serve.

We are looking hire an experienced Financial Institutions Underwriter at the Mid-Senior or Senior level in our NYC Office. In this role, you will serve as a customer advocate with a focus on improving the customer experience by understanding their unique risks and offering the best end-to-end solution for their Middle Markets Financial Institutions insurance needs.

This position is hybrid with two days per week in the New York office.

What you can expect in a Financial Institutions Underwriting Position in Middle Markets at Zurich:

• You will develop and maintain relationships with brokers partners and customers across all industries in support of business objectives.
  • You will leverage your Financial Institutions 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 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 technical underwriting, negotiation, and interpersonal skills to grow and develop relationships with preferred distribution partners in an assigned territory.
        This role will be filled at either as a Mid Senior or Senior 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.
        
        Basic Qualifications:
        
        Mid-Senior Level :
        • 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 area
          OR
        • Zurich Certified Insurance Apprentice including an Associate Degree and 1 or more years of experience in the Underwriting or Market Facing area
          OR
        • Zurich Certified Insurance Apprentice 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
          OR
          
          Senior Level :
          • 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 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 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
            • Private Equity Middle Markets Underwriting experience in the Northeast Region
            • Ability to effectively assess risk
            • Strong negotiation skills
            • Strong retail broker relationships
            • Superior skills in relationship building, active listening, needs analysis, and win-win negotiating
            • Possess knowledge of time restraints for quotes on new and renewal business
            • Excellent oral and written communication skills
            • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
            • PC and related software skills
            • CPCU and ARM a plus
              Compensation for roles at Zurich varies depending on a wide array of factors including but not limited to the specific office location, role, skill set, and level of experience. As required by local law, Zurich provides in good faith a reasonable range of compensation for roles. For additional information about our Total Rewards, Click here . Other rewards may include short term incentive bonuses and merit increases. Candidates with salary expectations outside of the range are encouraged to apply, and will be considered based on experience, skill, and education. The salary provided is a nationwide market range and has not been adjusted for the applicable geographic differential associated with the location where the position may be filled. The combined salary range for this position is $94,000.00 - $170,000.00. The starting salary range for Mid-Senior Level is $94,000.00 - $139,000.00 and for Senior Level is $120,000.00 - $170,000.00.
              
              As an insurance company, Zurich is subject to 18 U.S. Code 1033.
              
              As a condition of employment at Zurich, employees must adhere to any COVID-related health and safety protocols in place at that time ( ).
              
              A future with Zurich. What can go right when you apply at Zurich?
              
              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, Zurich North America has over 150 years of experience managing risk and supporting resilience. Today, Zurich North America is a leading provider of commercial property-casualty insurance solutions and a wide range of risk management products and services for businesses and individuals. We serve more than 25 industries, from agriculture to technology, and we insure 90% of the Fortune 500 . Our growth strategy is not limited to our business. As an employer, we strive to provide ongoing career development opportunities, and we foster an environment where voices are diverse, behaviors are inclusive, actions drive equity, and our people feel a sense of belonging. Be a part of the next evolution of the insurance industry. Join us in building a brighter future for our colleagues, our customers and the communities we serve. Zurich maintains a comprehensive employee benefits package for employees as well as eligible dependents and competitive compensation. Please click here to learn more.
              
              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 expression, national origin, disability, protected veteran status or any other legally protected status. EOE disability/vet
              
              Zurich does not accept unsolicited resumes from search firms or employment agencies. Any unsolicited resume will become the property of Zurich American Insurance. If you are a preferred vendor, please use our Recruiting Agency Portal for resume submission.
              
              Location(s): AM - New York
              Remote Working: Hybrid
              Schedule: Full Time
              Employment Sponsorship Offered: No
              
              Linkedin Recruiter Tag: LI-HYBRID
              
              

Keywords: Zurich Insurance Company Ltd., New York , Middle Market Financial Institutions Underwriter (Mid-Senior or Senior), Accounting, Auditing , New York, New York