Senior Underwriter - Contract Surety

Company Name:
Zurich NA
Job Summary
Zurich Insurance Group (Zurich) is a leading multi-line insurance provider with a global network of subsidiaries and offices in Europe, North America, Latin America, Asia-Pacific and the Middle East as well as other markets. It offers a wide range of general insurance and life insurance products and services for individuals, small businesses, mid-sized and large companies as well as multinational corporations. Zurich employs about 60,000 people serving customers in more than 170 countries. The Group, formerly known as Zurich Financial Services Group, is headquartered in Zurich, Switzerland, where it was founded in 1872. The holding company, Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt program which is traded over-the-counter on OTCQX. Further information about Zurich is available at company website.
In North America, Zurich (company website) is a leading commercial property-casualty insurance provider serving the global corporate, large corporate, middle market, specialties and programs sectors. In addition, Zurich also offers life insurance products and services. 2012 marks Zurich''s 100 year anniversary of insuring America and the success of its customers, shareholders and employees. Zurich first brought its knowledge and experience in workers'' compensation insurance from Switzerland to America in 1912 to help its customers take intelligent risks and build the America known today. Further information about Zurich''s 100 year anniversary of insuring America is available at company website. In the U.S., risk engineering services are provided by Zurich Services Corporation. Life insurance offered in the United States is issued by Zurich American Life Insurance Company, an Illinois domestic life insurance company with offices in Schaumburg, Illinois and New York City.
Working for Zurich will provide you with:
The opportunity to be involved and work in a global organization
The opportunity for advancement and growth in the US and internationally
Zurich Insurance is currently looking for a Sr. Underwriter for our Contract Surety Division in our Owings Mills, MD office. We are looking for a Surety product expert with excellent market facing and technical skills. This position is responsible for the Mid-Atlantic region.
Our Sr. Contract Surety Underwriter is responsible for:
Marketing Zurich''s products and services.
Developing, underwriting, and managing a portfolio of Surety business.
Managing the selection/denial of new and/or renewal business.
Developing and maintaining relationships with brokers and customers.
Developing, administering and monitoring complex underwriting rules and guidelines.
Investigating, recommending and leading product development efforts.
Leading and participating on project and key initiative teams.
Assures development and implementation of policy, procedures and standards to produce profitable underwriting results.
Significantly contributing to process improvement and technology innovation.
Working in close collaboration with other teams within Zurich, including risk management, operations and finance.
Addressing governance and regulatory compliance issues
Will provide technical guidance, assistance, and training to lower level associates.
Job Qualifications
Our ideal candidate will possess the following:
8+ years of Contract Surety Underwriting experience
Bachelor''s Degree Preferred
Excellent oral and written communication skills.
In-depth knowledge of line/s of business and legal and regulatory guidelines.
Strong negotiation skills.
Strong knowledge of underwriting philosophy, techniques, national/local filing regulations and guidelines.
Ability to effectively assess risk.
Ability to multi-task.
Ability to function in a team environment.
Possess knowledge of time restraints for quotes on new and renewal business.
PC literate.
Demonstrated technical knowledge and skills reflective of progression of positions of increasing responsibility.
Solid knowledge of processing methods and workflow procedures, and knowledge of insurance underwriting and regulations for assigned territories.
Knowledge of time restraints for quotes on new and renewal business.
Must be able to function effectively in team environment.
We are an Equal Opportunity Employer and do not discriminate against applicants due to race, ethnicity, gender, veteran status, or on the basis of disability or any other federal, state or local protected class.
Title: Senior Underwriter - Contract Surety
Job ID: 29278
Location: USA-Maryland-Owings Mills
Type: Permanent
Postal Code: 21117
Industry: Insurance

Don't Be Fooled

The fraudster will send a check to the victim who has accepted a job. The check can be for multiple reasons such as signing bonus, supplies, etc. The victim will be instructed to deposit the check and use the money for any of these reasons and then instructed to send the remaining funds to the fraudster. The check will bounce and the victim is left responsible.