*Property Underwriter
Company: Zurich
Location: Boston
Posted on: May 29, 2023
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Job Description:
Zurich (Boston, MA) seeks a Property Underwriter to be
responsible for underwriting and analyzing new and renewal policies
for large commercial property business using the Zurich Way of
Underwriting within delegated authority levels on assignments of
higher technical complexity ensuring a high-level service to
customers. Specific duties include: underwrite and analyze new and
renewal business utilizing The Zurich Way of Underwriting
framework; administer and monitor underwriting rules and
guidelines, insurance laws and regulations, and rating annual
rules; develop, maintain and collaborate with Line of Business
representatives on referrals; develop and maintain relationships
with distributors; supports the sales culture by being a Help Point
for agents, brokers and customers; proactively seek renewal and new
account opportunities; complete detailed opportunity assessment
with key distributors to identify growth opportunities; negotiate
Terms and Conditions and close deals; cross-sell other lines of
business to increase product density with the account; participate
in Sales Team meeting; serve as key Zurich contact for assigned
target accounts; calculate Target Price accurately by utilizing
underwriting tools appropriately; measure exposures/analyze risk;
service accounts, handle declinations/cancellations; participate in
marketing presentations to assigned agents/brokers; develop and
maintain positive customer relationships; anticipate customer
needs, monitor trends in order to recommend changes; analyze needs,
develop and recommend alternatives for improvements to processes,
customer service or products; and lead short-term defined scope
projects. Position requires travel throughout New England states
for customer visits. Option to work remotely with required travel
to Boston, MA office 2 times per week. Position requires a
Bachelor's degree, or foreign equivalent, in Business, Engineering,
Industrial Engineering, or a closely related field of study, plus 3
years of experience in the job offered, or as an International
Service Consultant, or similar international insurance programs
position. Must have 2 years of experience engaging broker and
customer contacts with proactive coordination and design of
international risk program structures and protocols. Specific
experience must also include: analyzing risks of manufacturing,
wholesale, retail, and real estate industry properties, including
evaluating fire hazard and natural disaster risks; analyzing
engineering design of machinery and production operations to
identify, assess, and propose mitigating controls for known and
expected risks and hazards; performing servicing of international
risk programs, including policy issuance and premium collection;
ensuring multinational insurance program compliance with variety of
foreign insurance regulations and tax requirements; using risk
evaluation tools for determining property damage and business
interruption loss scenarios and estimated magnitudes; using data
modeling software to run simulations of natural catastrophe events
and develop damage estimates and probabilities; altering and
adjusting modeling inputs to capture precise features of property
damage and business interruption risk for commercial and industrial
properties; soliciting of property insurance submissions, including
effectively articulating risk appetite, negotiating of insurance
policy terms and conditions with brokers and agents. Must be
willing to travel throughout New England states for customer
visits. Option to work remotely with required travel to Boston, MA
office 2 times per week. Full time position. Apply by submitting
your resumes at Zurichna.com/en/careers, Job ID: 102034As a
condition of employment at Zurich, employees must adhere to any
COVID-related health and safety protocols in place at that time
(https://www.zurichna.com/careers/faq). 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 - BostonRemote Working: YesSchedule:
Full Time #LI-DNI#NAAIA
PDN-99132225-d056-4796-8780-aacb19f1f3af
Keywords: Zurich, Boston , *Property Underwriter, Other , Boston, Massachusetts
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