Addison, TX, 75001, USA
1 day ago
Captives Market Facing Underwriter II
Captives Market Facing Underwriter II 120983 Zurich Insurance is currently looking for a Captives Market Facing Underwriter II for our Group Captives Team in our Schaumburg, IL or Addison, TX offices.As one of the leaders in this space, we work together with the largest captives consultants in the U.S. to deliver a wide range of services to member-owned, agency and other (fronted) captives. Currently about 10% of travel is required for this position. To bring leading talent into the organization and foster a **culture of innovation and excellence** , we **encourage professionals from wide range of backgrounds** and industries to apply and: + Join a global company that gives you an opportunity to collaborate with some of the best talent in the business + Use your experience to support the needs of our customers + Have the autonomy and freedom to be successful in your career The Captives Market Facing Underwriter II is responsible for: + Reviewing new business submissions and underwriting them to determine captive exposure eligibility, satisfactory risk control practices, pricing adequacy, and coverage offerings. + Re-underwriting of existing business to document and address any changes that have taken place on the account since last reviewed + Underwrite endorsement requests and account changes + Consult with Zurich inter-disciplinary functions throughout the policy life cycle (e.g., audit, reinsurance accounting, technical underwriting, etc.) + Ensure reinsurance (captive) documentation is in place + Represent Zurich at captive board meetings while engaging with customers, distributor partners and captive service providers + Communicate account and captive demographics both internally and externally to stakeholders (e.g., periodic updates on captive or account loss performance, appetite mix, coverage issues, etc) **Basic Qualifications:** Captives Market Facing Underwriter II: + 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:** + Bachelors Degree + Strong verbal and written communication skills + Ability to read and understand coverage forms + Strong Analytical Skills + Experience in underwriting captives or construction accounts 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, Clickhere (https://www.zurichna.com/careers/benefits) . 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 proposed salary range for this position is $94,000.00 - $139,000.00, with short-term incentive bonus eligibility set at 10%. 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 ( 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 clickhere (https://www.zurichna.com/careers) 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 - Schaumburg, AM - Addison Remote Working: Hybrid Schedule: Full Time Employment Sponsorship Offered: No Linkedin Recruiter Tag: #LI-SG1 #LI-ASSOCIATE #LI-HYBRID
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