Market Facing Contract Surety Underwriter (Senior or AVP)

Company: Zurich Insurance Company Ltd.
Location: Sacramento
Posted on: June 25, 2022

Job Description:

Zurich North America is looking for a Market Facing Contract Surety Underwriter -(III or IV) to join our Contract Surety team in the Los Angeles Region. - Ideally this role will be based out of Los Angeles, Orange County, San Diego or Riverside, however, we will consider a remote/virtual work locations in the California Region.This role will be filled at either a Level III or Level IV. 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.The Market Facing Contract Surety Underwriter (III or IV) - role is part of the South West Region responsible for managing a well established, mature portfolio with a wide range of accounts sizes. This is a technical and market facing position that requires significant experience with contract surety or comparable credit analysis, and the ability to establish new and foster exisiting relationships. -The Market Facing Underwriter responsibilities include: -

• Proactively seek renewal and new account opportunities.
• Complete detailed opportunity assessment with key distributors to identify growth opportunities.
• Qualify accounts to meet with the organization's appetite, balanced with sound business opportunity.
• Make agent/broker/customer and on-sight calls with a planned and well-prepared purpose.
• Negotiate Terms & Conditions and close deals.
• Cross-Sell other lines of business to increase product density with the account.
• Participate in Sales Team meeting as related to assigned brokers and / or territory.
• Develop strong broker and client networks as related to industries underwritten by Business Unit.
• Calculate Target Price accurately by utilizing underwriting tools appropriately.
• Lead complex technical or long-term (over 6 months) business projects to implement new or changed systems, programs or productsBasic Qualifications Surety Underwriter Level III: -
  • High School Diploma or Equivalent and 5 or more years of experience in the Underwriting or Market Facing area, or Finance, Accounting, Banking areaOR
  • High School Diploma or Equivalent and 10 or more years of experience in the Claims or Underwriting Support areaOR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 3 or more years of experience in the Underwriting or Market Facing area, or Finance, Accounting, Banking areaOR
  • Zurich Certified Insurance Apprentice including an Associate Degree and 8 or more years of experience in the Claims or Underwriting Support areaAND
  • Knowledge of Microsoft Office
  • Experience working on time restraints for quotes on new and renewal business
  • Experience working in a team environmentPreferred: -
    • Bachelors Degree
    • Strong verbal and written communication skills
    • Microsoft Office experience -Basic Qualifications Surety Underwriter Level IV: -
      • High School Diploma or Equivalent and 7 or more years of experience in the Underwriting or Market Facing area, or Finance, Accounting, BankingOR
      • 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, or Finance, Accounting, Banking.OR
      • Zurich Certified Insurance Apprentice including an Associate Degree and 12 or more years of experience in the Claims or Underwriting Support areaAND
      • Experience with Microsoft Office -Preferred -
        • Bachelors Degree
        • Advanced knowledge and practice of line/s of business
        • Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines
        • Ability to effectively assess risk
        • Ability to work in a team-based environment
        • Knowledge of time restraints for quotes on new and renewal business
        • Strong presentation skillsAs a condition of employment at Zurich, employees must adhere to our COVID-related health and safety protocols (), including, without limitation, a requirement that employees attest as to their vaccination status with a YES/NO, and upload proof of vaccination status, or a negative COVID test result when applicable, to a third-party vendor. These protocols are continuously re-evaluated and the requirements may change at any 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 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 - California Virtual Office, AM - Los Angeles, AM - San Diego, AM - Orange CountyRemote Working: YesSchedule: Full Time#POP -Linkedin Recruiter Tag: #LI-KJ1 #LI-REMOTE #LI-HYBRID -

Keywords: Zurich Insurance Company Ltd., Sacramento , Market Facing Contract Surety Underwriter (Senior or AVP), Accounting, Auditing , Sacramento, California